Login / Signup

Question

According to the Insurance Act what is the prescribed duration for the Executive Committee of the Life Insurance Council or the General Insurance Council?

A One year from the date of its first meeting

B Three years from the date of its constitution

C Five years from the date of its meeting

D Ten years from the date of its constitution

E Three years from the date of its first meeting

Practice Next

More Banking Related Laws Questions

What are the grounds on which the Central Government may remove from office any member under the IRDA Act, 1999?
Abetment under Section 107 of IPC can be constituted by
A company engaged in the manufacture of goods accepts deposits of money from the public merely for the purpose of financing its business as a manufacturer....
Under Section 8(3), the Central Government may authorise the Chairperson of one Appellate Tribunal to:
Under Section 2(g), the definition of 'debt' includes which of the following liabilities?
Under Section 33(2) of the RBI Act, 1934, the aggregate value of gold coin, gold bullion and foreign securities held as assets of the Issue Department shal...
Section 8 of the Banking Regulation Act, 1949 prohibits a banking company from directly or indirectly dealing in the buying, selling or bartering of goods....
Under Section 45ZA of the RBI Act, 1934, the inflation target is determined in terms of which index?
As laid down under the Exim Bank Act the Central Government may advance to the Exim Bank a loan of _______________ at a rate of interest of five and a quar...
What are the conditions on the basis of which the proper officer may make an order permitting clearance of the goods for home consumption as provided under...

Relevant for Exams:

Hey! Ask a query

ask-question