Question
According to the General Insurance Business
(Nationalisation) Act, which statement is true regarding the winding up of the Corporation or an acquiring company?Solution
Explanation:Section 33. Dissolution of Corporation and acquiring companies: No provision of law relating to the winding up of companies shall apply to the Corporation or to an acquiring company, and neither the Corporation nor any such company shall be placed in liquidation save by order of the Central Government and in such manner as it may direct.
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...
