What are the various functions of the Corporation under the General Insurance Business (Nationalisation) Act?
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.
Which state is home to the Gevra mine, set to become the largest coal mine in Asia?
Till November 2023, How many "Navratna" PSUs are there in India?
Reliance General Insurance Company (RGIC), a subsidiary of Reliance Capital Ltd, has received multiple show cause notices from the Directorate General o...
The Insurance Regulatory and Development Authority of India (Irdai) has eliminated the need for caseby-case approval for insurer investments in Infrastr...
The Khijadiya Bird Sanctuary in _________ and Bakhira Wildlife Sanctuary in ________ have been listed as Wetlands of International Importance by the Ram...
Which of the following portal was recently launched by Kotak Mahindra Bank to offer comprehensive digital banking and value-added services to its busine...
Which of the following is not a feature of the Indian federal system?
When did INS Sunayna arrive at Port Victoria, Seychelles?
Indian Railway is creating the highest pier railway bridge in the world in the state of?
Recently, Japan successfully conducted a test-fire of what advanced technology from an offshore platform?