Question
A preliminary inquiry is referred by Lokpal to CVC.
Which specific statutory position is meant to handle such preliminary inquiries under the CVC Act (as amended)?Solution
Section 11A(1) provides for a Director of Inquiry (not below Joint Secretary rank) appointed by Central Government for conducting preliminary inquiries referred to the Commission by Lokpal.​
What is the maximum Time in which the insurer should settle a claim when all documents are submitted?
The Life Insurance Business in India was nationalized in which year?
_______ in the insurance industry involves an applicant gaining insurance at a cost that is below their true level of risk.
The Union Cabinet has approved the extension of the term of ______ Law Commission of India up to 31st August 2024.
Which of the following is/are the various types of insurance?
1. Life insurance
2. Health insurance
3. Liability insurance
Which of the following is NOT a common type of insurance policy?
Insurance is, thus, a financial tool specially created to reduce the financial impact of unforeseen events and to create______.
The principle of "subrogation" in insurance refers to:
The operative clause in an insurance policy is also known as:
What is the purpose of a "warranty" in an insurance policy?
Relevant for Exams:
