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Start learning 50% faster. Sign in nowSection 19FA of Depository Act - Penalty for failure to conduct business in a fair manner- Where a depository fails to conduct its business with its participants or any issuer or its agent or any person associated with the securities markets in a fair manner in accordance with the rules, regulations made by the Board or directions issued by the Board under this Act, it shall be liable to penalty which shall not be less than five crore rupees but which may extend to twenty-five crore rupees or three times the amount of gains made out of such failure, whichever is higher.
The principle ensuring an insured is not compensated more than the actual loss is:
What is the difference between a "condition" and a "warranty" in an insurance policy?
A policy that covers the employer's loss due to dishonest acts of employees is:
Insurance Repository is a company formed and registered under which act?
Insurance is primarily a method of:
Which among the following principle states about the Individual who should be benefitted from the insured item?
The principle of "subrogation" in insurance refers to:
Identify the correct full form of GAAT?
Consider the following statement:
I. Section 25 of IRDAI Act, 1999 lays down for establishment of Insurance Advisory Committee.
II. I...
There is unlimited coverage to Third parties injury and Third party property damage is covered up to a sum of Rs ______.