The Insurance Regulatory and Development Authority of India (IRDAI) has mandated that all policyholders must provide their Know Your Customer (KYC) details when purchasing any type of insurance policy from January 1, 2023. This requirement applies to all individuals and entities purchasing insurance in India and is intended to ensure that insurance companies have accurate and up-to-date information about their policyholders. Providing KYC details helps to prevent fraud and money laundering, and ensures that policyholders receive the full benefits of their insurance coverage. Currently, KYC documents are only required when making a claim worth over Rs 1 lakh. Under the new insurance rule, KYC documents will be required even while purchasing a new policy.
Who among the following created a record for the longest single spaceflight by a woman when she arrived back on Earth in February 2020?
Who is the Indian origin author novel, "Western Lane," has been shortlisted for the 2023 Booker Prize?
Central government launch Swachh Vayu Sarvekshan as part of National Clean Air Programme (NCAP), It may help to reduce air pollution up to 40 per cent b...
In the term KLEMS model, what does k denotes?
Who won men's singles title at the 2018 US Open?
Planet that rotates clockwise:
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Which of the following components are commonly included in Gender Inequality Reports?
What is ‘Project Meghraj’?
The pact signed between the Indian National Congress and All India Muslim League in 1916 is called as