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.
What is the initiative introduced in 2023 that focuses on reducing fertilizer consumption and creating awareness?
The Pradhan Mantri Awaas Yojana – Gramin was introduced with the view to boost the "Housing for All" scheme by the year 2022 which has now been exte...
'Formation and Promotion of 10,000 Farmer Producer Organisations (FPOs)' is under which ministry?
Which pesticides are non-biodegradable and also called recalcitrant pesticides
As per the principle of crop rotation, pulses should be included in crop rotation as
According to the 2023-24 Third Advance Estimate, what is the production of rice in India?
Weeds which are of no use and does not have any economic value are known as
Some plants fulfil their nitrogen requirement by catching and digesting flies and other insects. Such plants are categorized as:
Variable costs are the sum of..?
I. Marginal cost
II. Fixed cost
III. Average cos
In Soil Science “Micelle” stands for
