Question
What was the main objective of the Industrial
(Development and Regulation) Act, 1951 in India?Solution
The Act provided for the regulation of the manufacturing, production, and distribution of goods in industries that were deemed to be of national importance. The main objective of the Act was to ensure that these industries developed in a planned and controlled manner, and that they contributed to the overall economic growth of the country.
The section of the policy that outlines what is NOT covered is called:
The Private equity investors shall not hold more than _________ percent of the paid up equity share capital of the Indian insurance company.
IRDAI has the power to frame regulations under which of the following Section of the Insurance Act, 1938?
The 'No Claim Bonus' can be lost if:
The person in whose name the insurance policy is made is referred to as?
A missing person is considered to be dead after how many years of missing ?
What is accumulation hazard?
The 'Third-party liability' cover in a motor insurance policy protects the insured against:
Which of the term is the used when a policy has lapsed due to non-payment of premium?
An endorsement added to an insurance policy, or clause within a policy, that provides additional coverage for risks other than those in a basis policy i...
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