The Insurance Act, 1938. S. 6. Requirement as to capital .--(1) No insurer not being an insurer as defined in sub-clause (d) of clause (9) of section 2, carrying on the business of life insurance, general insurance, health insurance or re-insurance in India or after the commencement of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), shall be registered unless he has,-- (i) a paid-up equity capital of rupees one hundred crore, in case of a person carrying on the business of life insurance or general insurance; or
The Mumbai Metropolitan Region Development Authority (MMRDA) recently signed an agreement with which company to provide financial support of over Rs 850...
SEBI has imposed a penalty of _______ on Multi Commodity Exchange (MCX) for flouting norms in a case pertaining to data entries of Sikkim-based clients.
Consider the following statements:
I. Chief Minister’s Breakfast Scheme has recently been implemented by Andhra Pradesh.
II. 1,54...
What is the financial outlay for the National Mission on Edible Oils – Oilseeds (NMEO-Oilseeds) from 2024-25 to 2030-31?
According to RBI data, how much did the equity foreign direct investment (FDI) into India decline from the previous year in April-July 2023?
What is the title of the book written by Anirudha Bhattacharjee on the life and works of filmmaker Basu Chatterjee?
Who has been appointed as the permanent CEO of Penguin Random House?
According to a UN report, what is causing the world’s water cycle to become increasingly unpredictable?
The Defence Research and Development Organisation (DRDO) Industry Academia Centre of Excellence (DIA-CoE) has been inaugurated to take up futuristic pro...
Consider the following statements aboutRiver Cities Alliance (RCA):
1. Recently, National Mission for Clean Ganga (NMCG) on behalf of RCA...
