Question
Under what conditions can an insurer invest in companies
belonging to its promoters as laid down in the insurance Act?Solution
Section 27C. Investment by insurer in certain cases—An insurer may invest not more than five per cent. in aggregate of his controlled fund or assets as referred to in sub-section (2) of section 27 in the companies belonging to the promoters, subject to such conditions as may be specified by the regulations.
A paper is folded and cut as shown below. How will it appear when unfolded?
Out of the following five figures, four are alike in some manner and one differs from these in that manner. Select the Odd figure.
Find the next number in the series.
6, 7, 16, 51, 208, ?
In a certain code language, 'NAME' is coded as '2473' and 'MEND' is coded as '7642'. What is the code for 'D' in the given code language?
If 1st January 2017 was a Thursday, then what day of the week was it on 31st March of that year?
Below are given statements followed by two conclusions I and II. You have to take the given statements to be true even if they seem to be at variance fr...
Looking at a portrait of a man, Varun said, "His mother is the wife of my father's son. Brothers and sisters I have none."At whose portrait was Varun lo...
Two persons A and B lent certain amount at the same rate of interest for two and three years respectively under compound interest. If their final amount...
Select the option that is related to the third term in the same way as the second term is related to the first term and the sixth term is related to the...
Two statements are given followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at variance w...
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