KYC details mandatory while purchasing insurance have been made mandatory by IRDAI from _______.
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.
Which case is known as Mignoets’ case?
The good faith of a sale by a client to an attorney is in question in a suit brought by the client. The burden of proving the good faith of the transact...
___________ under the Information Technology Act, 2000 means a person in whose name the electronic signature Certificate is issued?
Under which Article the definition of state include the government and parliament of India, Government and Legislature of State and all local authoriti...
A duplicate certificate of shares may be issued, if such certificate
As laid down under the Banking Regulation Act no banking company shall have in its Board of directors, ______________directors who are directors of comp...
“doli incapax” is a word used for?
A witness:
As per the Transfer of Property Act where the terms of a transfer of property direct that the income arising from the property shall be accumulated eith...
Who among the following cannot be appointed as member of Securities Appellate Tribunal?