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The Insurance Regulatory and Development Authority of India (IRDAI) has introduced new regulations on commission payments to intermediaries and expenses of management for general and health insurance companies. While the Payment of Commission Regulations, 2023, removes previous caps on payments, the Expenses of Management (EOM) Regulations, 2023, allows for additional expenses related to foreign and IFSC branches, Insurtech, and insurance awareness. The new regulations issued by the Insurance Regulatory and Development Authority of India (IRDAI) will be effective from April 1. Under the EOM Regulations, 2023, general insurance companies can work with EOM up to 30% of gross premium written, while insurers carrying on standalone health insurance business are allowed to go up to 35% of gross premium written. The objective of these regulations is to provide the insurers the flexibility to manage their expenses based on their growth aspirations and the ever-changing insurance needs with an objective to improve insurance penetration.
Match the following terms with their definitions in the context of environmental science:
What is "eutrophication" primarily associated with?
Where is the headquarters of the International Union for Conservation of Nature (IUCN) located?
The headquarters of the International Renewable Energy Agency (IRENA) is in which city?
Which city is home to the main offices of the United Nations Environment Programme (UNEP)?
Which layer of Earth's atmosphere is closest to the surface and contains most of the planet's mass of air?
Match the following environmental activists with their associated movements:
In the anaerobic digestion method of waste management:
Match the following terms with their appropriate impact on the environment:
What term is used to describe water that is safe and palatable for human consumption?
