Question
Which of the following is not considered a corporate
person under Indian law?Solution
A partnership firm is not regarded as a corporate person. Unlike corporations, partnership firms do not have an independent legal identity apart from their partners. Instead, they represent a group of individuals who have come together through a partnership agreement to conduct business. Although partnership firms can undertake contractual obligations and participate in business ventures, they do not possess the distinct legal personality or limited liability characteristic of corporate entities. Therefore, partnership firms are not categorized as corporate persons.
Which amongst the following is not an insurance company functioning in India?
Name the first General Insurance Company in India?
What is the abbreviation of IMCA?
Specific questionnaires in insurance proposal forms are common for:Â
_________ is the first and fundamental step towards becoming an IRDAI Agent/Insurance Advisor.
A policy that covers the loss of baggage during travel is:
What percent of shareholding is under National Bank for Agriculture and Rural Development (NABARD) in Agriculture Insurance Company of India Limited?
Which of the following is NOT a classification of general insurance in recent times?
The role of a risk engineer in the insurance process is to:
The Headquarters of the UNESCO is at ______
