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Explanation: Section 18. Functions of Corporation—(1) The functions of the Corporation shall include— (a) the carrying on of any part of the general insurance business, if it thinks it desirable to do so; (b) aiding, assisting and advising the acquiring companies in the matter of setting up of standards of conduct and sound practice in general insurance business and in the matter of rendering efficient service to holders of policies of general insurance; (c) advising the acquiring companies in the matter of controlling their expenses including the payment of commission and other expenses; (d) advising the acquiring companies in the matter of the investment of their funds; (e) issuing directions to acquiring companies in relation to the conduct of general insurance business: 1 [Provided that all the functions of the Corporation specified in this sub-section, on and from the commencement of the General Insurance Business (Nationalisation) Amendment Act, 2002, shall be performed by the Central Government.
Which country did India send 1,400 kg of anti-cancer medicines to in August 2024?
Consider the following statements regarding the “T+1” settlement cycle:
1.T in T+1 represents the trade date.
2.This cycle means that ...
Which of the following statements is correct regarding Pradhan Mantri Fasal Bima Yojana?
I. This scheme was launched in October 2018.
II. ...
Cocos (Keeling) Islands, which is recently seen in the news, is part of which of the following countries?
Which branch of the Indian military hosted the inaugural "Shaurya Sampravah 1.0" event?
Who won the 2024 French Open title in the women's category?
Where in India a Guinness World record has been made by lightning 25 lakhs Diyas simultaneously?
ASEAN India Grassroots Innovation Forum (AIGIF) was launched in which country?
The Food in Onion is stored in the form of __________________
Which organization partnered with Nepal SBI Bank Limited to operationalize RuPay cards in Nepal?