Keeping in mind the need for having a dedicated fund with the primary objective of dealing with any kind of emergency or distress situation, like posed by the COVID-19 pandemic, and to provide relief to the affected, a public charitable trust under the name of ‘Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund)’ has been set up. PM CARES Fund has been registered as a Public Charitable Trust. The trust deed of PM CARES Fund has been registered under the Registration Act, 1908 at New Delhi on 27th March, 2020. Objectives: • To undertake and support relief or assistance of any kind relating to a public health emergency or any other kind of emergency, calamity or distress, either man-made or natural, including the creation or upgradation of healthcare or pharmaceutical facilities, other necessary infrastructure, funding relevant research or any other type of support. • To render financial assistance, provide grants of payments of money or take such other steps as may be deemed necessary by the Board of Trustees to the affected population. • To undertake any other activity, which is not inconsistent with the above Objects
Intangible assets cover non-physical assets that cover ________________.
How many part-time members is appointed by the Government of India in the Composition of IRDAI?
What percent shares of New India Assurance Co Ltd is owned by Government of India?
Which of the following is NOT a factor considered by insurers while determining premium rates for motor insurance?
What type of insurance covers goods in transit by road, rail, sea, or air against various risks?
Once an insurance company has paid up to the limit, it will pay no more during that year is known as?
Identify the scenario where a debate on the need for insurance is not required.
Which of the following is a public sector general insurance company in India?
A motor insurance policy can be cancelled by:
The 'No-Claim Bonus' is a discount offered by insurers for:
