Question
What is the authorised capital of the Corporation as per the General Insurance Business (Nationalisation ) Act, and what flexibility does the Central Government have regarding it?
More Insurance Laws Questions
- Under the Insurance Act, 1938, the minimum paid-up capital required for starting a life insurance company is:
- As per the IRDA Act who constitutes the Authority, and what qualifications are required for its members?
- No insurer, as defined in section 2(9)(d), shall be registered unless he has ________________
- When was the Life Insurance Corporation (LIC) Act enacted?
- Where any amount is payable whether in instalments or otherwise under section 13 of the General Insurance Business (Nationalisation) Act, the unpaid amount...
- A transfer or assignment of a policy of insurance, wholly or in part, whether with or without consideration, may be made only by__________________
- The Authority with the previous approval of the Central Government shall constitute an Advisory Committee consisting of _______________
- When can a principal revoke an agent's authority?
- Under the General Insurance Business (Nationalisation) Act, how is the payment for the transfer and vesting of shares to the Central Government made?
- What is required for an insurer to legally carry on any class of insurance business in India after the commencement of the Insurance Act?
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)