As per the CSR provisions under Companies Act, a CSR committee is to be constituted by certain companies. This committee should consist of at least _____ directors of which at least _____ is/are independent director(s).
As per the provisions of this section, a Company having Net worth of · Rs.500 crore or more, or · Turnover of Rs.1000 crore or more or · net profit of Rs.5 crore or more in previous financial year, should: · Constitute a CSR Committee (consisting of 3 or more directors of which at least 1 is independent director) and · spend at least 2% of the average net profits of three immediately preceding years on CSR activities (companies which spend any amount in excess of their CSR obligation in a financial year can set off the excess amount towards their CSR obligations in subsequent financial years)
What is the FDI limit in the Insurance sector?
What is a life insurance policy that remains in force for the policyholder’s lifetime?
An extension of endowment plans is known as which policy?
The Life Insurance Corporation of India (LIC) came into existence in which year?
In India, insurance has a deep-rooted history. It finds mention in the writings of?
If you might want to discontinue the policy, and take whatever money is due to you. The amount the insurance company then pays is known as?
How many Insurance Ombudsman are functional in India?
A section of the risk-based capital formula calculating requirements for reserves and premiums is termed as?
Which of the following are authorized only to maintain the policies in electronic form and provide a service record of all insurance policies?
Insurance Policy which is provided as an additional layer of security to those who are at risk for being sued for damages to other people’s property o...