Question
What risk management framework must a Payment Service
Provider implement when engaging with Third-party Service Providers (TSPs) under the IFSCA (Payment Services) Regulations, 2024?Solution
Payment Service Providers must establish a risk-based framework  to assess the criticality of services  received from Third-party Service Providers (TSPs) as part of their risk management responsibilities.
The Life Insurance Corporation of India (LIC) came into existence in which year?
The Agriculture Insurance Company of India Limited was incorporated on?
Which of the following is the benefit accrued to an insured for not making any claims during the previous policy period?
Who was the originator of calculating the Human Life Value for the insurance requirement?
El-Nino develops in which of these oceans?
What is the paid up capital of Life Insurance Corporation of India (LIC)?
General Insurance Business (Nationalisation) Amendment Act 2002 (40 of 2002) coming into force from?
What is the primary goal of risk management?
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 ...
Insurance is listed in which schedule of the Indian constitution ?