What is the composition of the Authority under the IRDA Act, 1999?
Explanation: Section 4 - Composition of Authority - The Authority shall consist of the following members, namely:-- (a) a Chairperson; (b) not more than five whole-time members; (c) not more than four part-time members, to be appointed by the Central Government from amongst persons of ability, integrity and standing who have knowledge or experience in life insurance, general insurance, actuarial science, finance, economics, law, accountancy, administration or any other discipline which would, in the opinion of the Central Government, be useful to the Authority.
Directions: In each question below, word is used in four different ways. Choose the option in which the usage of the word is INCORRECT or INAPPROPRIA...
Wound
I. A lot of blood has been lost due to the deep wound .
II. It was intended primarily for families with kids...
Select the most appropriate antonym of the given word.
Imperative
Choose the word that roughly means the same as the word highlighted in the sentence.
The committee's decision to fund the project was a...
Select the wrongly spelt word.
Select the most appropriate word for the given group of words.
land covered with grass and other low plants suitable for grazing animals, especia...
Directions: In each question below, word is used in four different ways. Choose the option in which the usage of the word is INCORRECT or INAPPROPRIA...
Select the most appropriate antonym of the given word.
Emancipate
Directions: In each question below, word is used in four different ways. Choose the option in which the usage of the word is INCORRECT or INAPPROPRIA...
One who lends money on high rates of interest
