Question
Which section of the Companies Act delas with the
provisions of Periodical Financial Statements?Solution
Section 129. Financial statement- 129A Periodical financial results-The Central Government may, require such class or classes of unlisted companies, as may be prescribed— (a) to prepare the financial results of the company on such periodical basis and in such form as may be prescribed; (b) to obtain approval of the Board of Directors and complete audit or limited review of such periodical financial results in such manner as may be prescribed; and (c) file a copy with the Registrar within a period of thirty days of completion of the relevant period with such fees as may be prescribed.
If a policy holder stops paying the premium after three years, but does not withdraw the money from his policy, then the policy is said to be?
The largest general insurance company in the world by revenue is:Â
The free-look period is of how many days ?
What is the Fee paid to an agent or insurance salesperson as a percentage of the policy premium?
What is the primary goal of risk management?
The General Insurance Corporation of India was incorporated as a company in which year?
A Life insurance policy for which the cost is equally distributed over the term of the premium period, remaining constant throughout is called?
What is the primary function of a reinsurer?
In relation to insurance sector, what is the full form of EP?
A person invests Rs. 100000 in an insurance policy, 40000 Rs in a PPF account. He also invests fees of his two children 40000rs each. Then how...
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