Question
Which of the following is true regarding insurance in
India? 1) The Insurance Act, 1938 regulates the insurance sector in India. 2) The Life Insurance Corporation of India is the largest public sector insurance company in India. 3) The non Life insurance sector in India is also called as general insurance.Solution
The Insurance Act, 1938 is the primary legislation that regulates the insurance sector in India. It governs the establishment, functioning, and management of insurance companies in India. Additionally, the Life Insurance Corporation of India (LIC) is a public sector insurance company and is the largest insurance provider in India but not the only public sector one.
Which component of the Index of Industrial Production (IIP) experienced the highest growth in July 2024?
Where is the Satish Dhawan Space Centre located?
1. Which of the following is not a permanent member of United Nation Security Council (UNSC)?
Which of the following statements is correct?
A. CCIL does clearing and settlement functions in foreign exchange and derivative market
B. ...
Which country built world's largest air purifier?
The perpetuity payment is the interest earned by the present value of the perpetuity in one interest period.
Which river has tributaries named Neeru, Kalnai, and Sewa?
मानव शरीर की कौन सी हड्डी सबसे लंबी होती है ?
Which pair of folk dances and their respective Indian states is incorrectly matched?
On which of the following date World habitat Day is celebrated every year?
