Which of the following is true regarding the Insolvency and Bankruptcy Code (IBC) and its impact on insurance companies in India?
The Insolvency and Bankruptcy Code (IBC) is a comprehensive law that was enacted in India in 2016 to address the issue of insolvency and bankruptcy of companies and individuals. The IBC allows for the resolution of insolvent insurance companies through a process of liquidation or reorganization. The code applies to all companies, including insurance companies, and has a significant impact on the functioning of the insurance sector in India. Hence, option B is correct.
Cabinet approves interest subvention of 1.5% on short-term agriculture loans up to Rs ____ lakh for FY23 to FY25.
The National Monetisation Pipeline (NMP) estimates an aggregate monetization potential of how much amount through core assets of the Central Government,...
Investing cash flows most likely reflect changes in which of the balance sheets’ components?
The Central government has amended the rules of the Foreign Contribution Regulation Act (FCRA), allowing kin to freely send Rs. _____ lakh.
The finance ministry, after consultations with the RBI, multilateral institutions, and other stakeholders, is ready with the framework for its maiden Rs...
Foreign exchange reserves assets cannot comprise of-
Account Aggregators are part of which of the following banking system ?
Under which of the following’s administrative control does ECGC come?
A bank certificate issued in more than one country for shares in a foreign company. The shares are held by a foreign branch of an International Bank. T...
Identify the Prepaid Payment Instruments (PPI) from the following options?