Explanation: Section 43. Kinds of share capital: The share capital of a company limited by shares shall be of two kinds, namely:— (a) equity share capital— (i) with voting right ; or (ii) with differential rights as to dividend, voting or otherwise in accordance with such rules as may be prescribed; and (b) preference share capital.
Oriental Insurance Company Ltd. was a subsidiary of Life Insurance Corporation of India from 1956 to_______.
The Insurance Act was first introduced in India in:
What is NOT a common express condition in an insurance policy?
Event covered under insured’s policy agreement is called?
What is the primary characteristic of a "soft market" in insurance?
A policy that covers loss or damage to a householder's property is:
The amount charged by the insurer to provide the life cover to policy holder on the life of the life Insured is known as?
Insurance premiums are payable in advance but the insurance company does not fully earn them until the policy period expires is termed as?
The 'Third-party liability' cover in a motor insurance policy protects the insured against:
Which of the following is a public sector general insurance company in India?