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.
According to RBI's Annual Report 2023, what was the growth rate of Gross Fixed Capital Formation (GFCF) in India during the fiscal year 2022-23?
Match the following states with percentage of population below the poverty line. According to the Planning Commission of India (2011-12).Â
Anorexia nervosa is an eating disorder in teenagers. Here body weight:
Tvesa Malik is an Indian _____ player.
In term of energy produced in the country, how much energy India get by Coal?
What is the current interest subsidy provided to beneficiaries under the Pradhan Mantri Ujjwala Yojana (PMUY)?
Ker and Garia Puja are traditional tribal festivals of which state?
Which statements are correct about the Gupta Empire?
1. Samudragupta is called the 'Napoleon of India'.
2. The Gupta period is known as th...
Under the Differential Rate of Interest (DRI) Scheme, banks provide finance up to ______ at a concessional interest rate of 4% per annum for eligible we...
National Waterway-1 of India covers: