Question
Which of the following statements accurately reflects
the restrictions imposed on a person acting as an insurance agent for multiple insurers?Solution
Section 42.  Appointment of insurance agents: (2) No person shall act as an insurance agent for more than one life insurer, one general insurer, one health insurer and one of each of the other mono-line insurers: Provided that the Authority shall, while framing regulations, ensure that no conflict of interest is allowed to arise for any agent in representing two or more insurers for whom he may be an agent.
A male Indian citizen (Hindu) with a wife and three children in India travels to the United States for advanced education. While in the US, he enters in...
Which of the following Institutions were merged to form Spices Board?
Cardamom Board
Ginger Board
Spices Export Promotion Council
What is the punishment for mischief by fire?
When did the Motor Vehicles Act came into force?
Which of the following bodies later evolved from the DSPE under the DSPE Act?Â
The "Internal Ombudsman" in a bank cannot be:Â
As per the Negotiable Instruments Act inland instrument means___________
Where a resolution is passed at an adjourned meeting of a company the resolution shall, for all purposes, be treated as_________________
Consider the following statements about electronic records:
1. An electronic record must always be retained in the exact original format in which...
Under the Bharatiya Nyaya Sanhita (BNS), 2023, which of the following is specifically included in the definition of a "Document" under Section 2(8), rel...