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Start learning 50% faster. Sign in nowExplanation: •As per Section 32 of the Companies Act, 2013, a Red Herring Prospectus is a prospectus which does not include complete particulars of the price or the number of securities offered. •It is filed with the Registrar of Companies prior to the issue opening, typically used in book-building issues where price discovery happens based on investor bids. •After finalizing the price and quantity, the company files a final prospectus.
Third-Party Administrators (TPAs) are primarily involved in:
What is the purpose of risk management for an insured?
A form of liability insurance providing coverage for negligent acts and omissions such as workers compensation, errors and omissions, fidelity, crime, ...
Which of these changes would typically require an endorsement?
The primary categories of insurance business in India are:
What is a coverage that guarantees bondholders timely payment of interest and principal even if the issuer of the bonds defaults?
A person who makes an insurance claim is called?
Under which type of plans, the sum assured is paid at the end of the term as maturity or on the death of the insured during the term of the policy?
The Life Insurance Companies Act was passed in which year?
The Insurance Institute of India (Regd.) formerly known as?
