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As per Section 30(1) of the Land Acquisition Act, 2013, the Collector shall award an amount equal to 100% of the compensation amount as solatium to the affected landowner. This is to account for the emotional and physical hardship of losing one's land involuntarily, even if fair market value is paid.
What is the FDI limit in the Insurance sector?
What is the purpose of risk management for an insured?
A Mutual Fund’s SIP is essentially a staggered payment over a defined period of time with a defined contribution by the investors. What is the expansi...
Which is not a General Insurance company?
The General Insurance Business in India was nationalized in which year?
What term applies to conditions that must be met before the insurer’s obligations arise?
Percentage of each premium rupee that goes to insurers expenses including overhead, marketing and commissions is called ____.
Insurance is, thus, a financial tool specially created to reduce the financial impact of unforeseen events and to create______.
What is the maximum Time in which the insurer should settle a claim when all documents are submitted?
Which of the following pools is managed by GIC?
