The insurance sector in India is regulated by the Insurance Regulatory and Development Authority of India (IRDAI). It is a statutory body established under the Insurance Regulatory and Development Authority Act, 1999. The IRDAI is responsible for regulating, promoting and ensuring orderly growth of the insurance sector in India. The functions of the IRDAI include granting licenses to insurance companies, regulating the premiums charged by insurance companies, protecting the interests of policyholders, and ensuring that insurance companies maintain adequate solvency margins. Hence, option C is correct.
The Bank overdraft repayable on demand will be reported in the cash flow statement as _____
Calculate EOQ from the data given below and select the correct answer from the options given below:
An entry with more than one debit or credit is known as
What is the primary objective of the Insolvency and Bankruptcy Code (IBC) in India?
Which Act in India regulates the negotiation and transfer of negotiable instruments such as promissory notes, bills of exchange, and cheques?
1. If the exchange rate between the Indian Rupee and the Japanese Yen is ₹1 = 1.44 ¥, then 1,000 ¥ equals ₹____.
Which of the following assessee is not liable to pay advance tax u/s 207?
Long term assets without any physical existence but, possessing a value are called
The work of one clerk is automatically check by another clerk is called _________.
Advance amount received from customers is not considered as sale. It is based on which concept?
