Start learning 50% faster. Sign in now
Insurance Regulatory and Development Authority of India (IRDAI) has relaxed norms for surety bonds, a type of insurance policy protecting parties involved in a transaction or contract from potential financial losses due to a breach of contract or other types of non-performance. The changes are aimed at expanding the surety insurance market by increasing the availability of such products. The solvency requirement applicable for such products has now been reduced to control the level of 1.5 times from 1.875 times previously prescribed. Further, the prevailing 30 percent exposure limit applicable on each contract underwritten by an insurer, has also been removed.
Fino Payments Bank has partnered with which IPL team for Digital Banking Partner?
Eminent personality Anita Pointer who passed away in Jan,2023, was a famous personality of which sector?
‘S’ in SRFAESI Act, denotes?
How much in total has been disbursed under the PM-KISAN scheme to more than 11 crore farmer families?
Exercise “Harimau Shakti -2022” is the annual training between India and which of the following south east Asian country?
Which of the following public sector bank has received the approval of the RBI to open a special Vostro account with Gazprom Bank of Russia for trade se...
Under the Public Distribution System which of the following is not being allocated to the States/UTs for distribution form union government?
Which city in Nepal was declared the country's first 'healthy city' by WHO?
Reserve Bank of India grants approval to SBI Funds Management to acquire 9.99 per cent equity shares in which Small Finance Bank through various schemes...
India has launched which operation to bring back its nationals from Ukraine?