Question
As per the prohibition stated in section 29 of the
Insurance Act, which of the following individuals or entities is not allowed to receive loans or temporary advances from an insurer?Solution
Section 29 Prohibition of loans- No insurer shall grant loans or temporary advances either on hypothecation of property or on personal security or otherwise, except loans on life insurance policies issued by him within their surrender value, to any director, manager, actuary, auditor or officer of the insurer, if a company or to any other company or firm in which any such director, manager, actuary or officer holds the position of a director, manager, actuary, officer or partner.
In each of the following questions, a word has been given and used in three statements. You are supposed to identify which of the statement/s use/s the ...
In the following question, a word has been used in sentences in THREE different ways. Choose the option corresponding to the sentences in which the usa...
In each of the following questions, a word has been given and used in three statements. You are supposed to identify which of the statements/s use/s th...
Parley
(i) When Abraham won the war, there ensued a brief parley between himself and the king of Sodom.
(ii) Raven had little desire to pa...
In the given question, a word has been given and there are three ways in which the word has been used, in similar or different forms. You need to see w...
Premier
I. The premier of the new film was attended by numerous celebrities from the industry.
II. ...
Select the correct synonym of the given word.
Scintillating
Notion
I. One common Chinese notion is that the elders ought to be respected.
II. I haven't the faintest notion what they mean.
III...
In the given question, a word has been given and there are three ways in which the word has been used, in similar or different forms. You need to see w...
In the given question, a word has been mentioned and there are three ways in which the word has been used in either similar or different ways. You are ...
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