Question
Which section of the Contract Act defines "Sub Agent"?
Solution
S. 191. ‘Sub-agent’ defined.— A ‘sub-agent’ is a person employed by, and acting under the control of, the original agent in the business of the agency. —A ‘sub-agent’ is a person employed by, and acting under the control of, the original agent in the business of the agency."
What is the financial assistance provided under the Credit Linked Capital Subsidy for Technology Upgradation (CLCS-TUS) scheme?
The RBI’s Master Direction on KYC was amended in January 2024. Which of the following is a key change in defining Politically Exposed Persons (PEPs)?
Which of the following statements about life insurance in India is/are incorrect?
1) The Life Insurance Corporation of India (LIC) was establi...
What does Provisioning Coverage Ratio (PCR) indicate?
Which of the following entities is responsible for regulating Asset Reconstruction Companies (ARCs) in India?
Long-term borrowings are essential for supporting a company's large-scale investments and capital expenditures. These borrowings typically have extended...
As per Companies Act, every company shall have at least one director who stays in India for a total period of not less than _____ during the financial y...
Which regulatory body made significant adjustments to the regulations governing surety bonds?
What action should lenders take when a stressed loan is transferred to an ARC at a price below the Net Book Value (NBV)?
An effective system of internal control for interest rate risk includes:
A. strong control environment
B. An adequate process ...
