Question
No dividend shall be declared or paid by a company for
any financial year except________________Solution
âCompanies Actâ Section 123.Declaration of dividend: (1) No dividend shall be declared or paid by a company for any financial year exceptâ (a) out of the profits of the company for that year arrived at after providing for depreciation in accordance with the provisions of sub-section (2), or out of the profits of the company for any previous financial year or years arrived at after providing for depreciation in accordance with the provisions of that sub-section and remaining undistributed, or out of both or; both.
A generic term applying to all types of insurance indemnifying or reimbursing for losses caused by bodily injury or illness including related medical ex...
âWith Us, Youâre Sureâ is the tagline of which insurance company?
In respect of Life insurance and individual Health insurance policies, a free look cancellation period of ____days has been provided to provide sufficie...
Which of the following is NOT a conventional classification of general insurance under the Insurance Act, 1938?
What is a coverage that guarantees bondholders timely payment of interest and principal even if the issuer of the bonds defaults?
What is the purpose of classifying risks in underwriting?
Which of the following is a public sector general insurance company in India?
A policy that covers various risks faced by banks, including theft, robbery, and employee dishonesty, is:
Which of the following is not the name of an Insurance Scheme launched by the Government of India?
The process of amending a policy during its term is known as:
