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Section 18. Functions of Corporation: (1) The functions of the Corporation shall include: (a) the carrying on of any part of the general insurance business, if it thinks it desirable to do so; (b) aiding, assisting and advising the acquiring companies in the matter of setting up of standards of conduct and sound practice in general insurance business and in the matter of rendering efficient service to holders of policies of general insurance; (c) advising the acquiring companies in the matter of controlling their expenses including the payment of commission and other expenses; (d) advising the acquiring companies in the matter of the investment of their funds; (e) issuing directions to acquiring companies in relation to the conduct of general insurance business: Provided that all the functions of the Corporation specified in this sub-section, on and from the commencement of the General Insurance Business (Nationalisation) Amendment Act, 2002, shall be performed by the Central Government.
The seasonal reversal of winds is the typical characteristic of
Stobach waterfall is a beautiful waterfall located in?
In the context of the drainage system of river Sutlej, which of the following statement is correct?
Consider the given statements:
(I) The outer-most range of the Himalayas is called the Shiwaliks.
(II) Shiwaliks extend over a width of 10...
With reference to the standard meridian of India, consider the following statements:
1. The longitude 82º 30’E is the standard meridian of Ind...
Which river originates near Sihawa in the Raipur district of Chhattisgarh, flows through Odisha, and empties into the Bay of Bengal?
Consider the following pairs of species and their locations.
...
Which of the following Indian state has the largest coastline?
Which lake in India is known as the largest lagoon?
When does lunar eclipse occur?
