Question
With reference to the PM CARES Fund, consider the
following statements: I. The amount collected by it directly goes to the Consolidated Fund of India. II. It can avail donations from the foreign contribution and donations to fund can also avail 100% tax exemption. Which of the above statements is/are correct?Solution
The correct answer is II only. According to the latest Findings, 64 per cent of the Rs 10,990 crore collected by the PM CARES Fund between March 27, 2020, and March 31, 2021, remained unused as of the latter date.
Which of the following company is not a foreign insurance company?
A method of permitting the final premium for a risk to be adjusted, subject to an agreed-upon maximum and minimum limit based on actual loss experience ...
Machinery Breakdown insurance covers:
The fixed income that one gets after the retirement is also known as ________.Â
“Prithvi, Agni, Jal, Akash, SabkiSurakshaHamarePaas” is the tagline of which insurance company?
To which of the following thing we can do insurance?
Section 39 of Insurance Act related with which of the following ?
What percent shares of New India Assurance Co Ltd is owned by Government of India?
A form of life insurance coverage payable to a third party lender/mortgagee upon the death of the insured/mortgagor for loss of loan payments is termed as?
In the context of insurance, what does "exposure" refer to?