Question
What is required for an insurer to legally carry on any
class of insurance business in India after the commencement of the Insurance Act?Solution
Explanation: Insurance Act: Section3. Registration —(1) No person shall, after the commencement of this Act, begin to carry on any class of insurance business in India and no insurer carrying on any class of insurance business in India shall, after the expiry of three months from the commencement of this Act, continue to carry on any such business, unless he has obtained from the Authority a certificate of registration for the particular class of insurance business.
Which of the following RBI directions provides the legal authority for the issuance of the Master Direction on KYC?
Which of the following does not fall under the category of commercial banks  ?
Which company received RBI approval to become a Core Investment Company (CIC)?
Where are ethical standards typically based?
How much did the Reserve Bank of India approve to transfer as a dividend to the Government of India for FY24?
Which of the following financial institution is responsible for the development of housing finance sector in India?
What is a special purpose vehicle (SPV) in project finance?
Interim Dividend can be paid out of which of the following?
When was NABARD established?
 The Comptroller and Auditor-General of India shall, in respect of a financial year, appoint an auditor duly qualified to be appointed as an auditor...
