Question
As per the IRDA Act 1999, when IRDA was established, it
replaced _______under Insurance Act 1938.Solution
IRDA ACT, 1999: This Act was passed by Parliament in Dec.1999 & it received presidential assent in Jan.2000. The aim of the Authority is “to protect the interest of holders of Insurance policies to regulate, promote and ensure orderly growth of Insurance industry & for matters connected therewith or incidental thereto.” Under this Act, an authority called IRDA is established which replaces Controller of Insurance under Insurance Act 1938.
Subtle
(i) The evidence is not detailed enough to subtle his argument.
(ii) The flavour of the dried berries is more subtle .
(iii)...
Select the correct synonym of the given word.
Scintillating
Stamp
(i) The contractor got the agency’s stamp of approval.
(ii) We all desire to leave our stamp on the world.
(iii) Sealing th...
Tamper
(i) To tamper with a constitution that had so proved its quality seemed not so much a sacrilege as a folly.
(ii) At least he was tr...
In the following question, a word has been used in sentences in THREE different ways. Choose the option corresponding to the sentences in which the usa...
Erratic
Disproportionate
- Below a word is given in three sentences. Find out which one/ones make/makes a correct usage of the given word and mark the option accordingly. If the sent...
Each of the following questions presents a word in bold, followed by three sentences using that word. The word may be used correctly or incorrectly in ...
Sink
(i) She moved to the sink and turned on the water.
(ii) I bet you could really sink your teeth into that pork roast.
(iii) He ...