Question
Who can delegate powers, by general or special order in
writing, under the IRDA Act, 1999?Solution
Section 23 Delegation of powers - The Authority may, by general or special order in writing, delegate to the Chairperson or any other member or officer of the Authority subject to such conditions, if any, as may be specified in the order, such of its powers and functions under this Act as it may deem necessary
Rohit and Dev invested ₹32,000 and ₹18,000 respectively. For the next four months after the first month both kept on adding ₹2000 every month. In ...
A and B started a business with investments in the ratio 4:5 respectively. Find the share of A, if they earned a profit of Rs. 2700.
T and H commenced a construction business with investments of Rs. 750 and Rs. 900, respectively. After three months, V joined the business, contributing...
Ritu and Manav start a partnership with Rs. 3000 and Rs. 4500. 50% of the profit is shared equally; the rest is in the ratio of their investments. If Ma...
A, B and C invested in partnership. A invest Rs.5000 for 4 months, B invests Rs.2000 for 2 months and C invests Rs.8000 for 2 months. C is working partn...
‘M’ and ‘N’ started a business by investing Rs. 6,000 and Rs. 9,000 respectively. ‘x’ months later, they admitted ‘O’ as a partner who ...
‘X’ invested Rs. 5000 in a business. ‘Y’ joined x months later with an investment of Rs. 4000. If at the end of the year, Y’s share in the pro...
'A', 'B' and 'C' started a partnership business with capital of Rs. 8000, Rs. 11000 and Rs. 15000 where all three invested for equal time. If the profi...
A started a retail business by investing Rs.35,000. After four months B joined him with a capital of Rs.62,000. After 2 years, they earned a profit of�...
A and B together started a business by investing their capital in the ratio of 10:9, respectively and total amount invested by them together is Rs. 1140...
