Question
Under the Insurance Act what is the obligation of
insurers in relation to reinsurance with Indian re-insurers?Solution
Section 101A. Re-insurance with Indian re-insurers--(1) Every insurer shall re-insure with Indian re-insurers such percentage of the sum assured on each policy as may be specified by the Authority with the previous approval of the Central Government] under sub-section (2).Â
With respect to ESOP, which of the following statement is incorrect?
A central PSU adopts sovereign guarantee-backed debt for a ₹2,000 crore infrastructure project. What impact will this have on its cost of capital?
The document containing the rules and regulations framed by the company for internal management of the company is called:
The Coir Board is primarily responsible for the development of which sector?
GeM is characterized by which of these three core elements?
With respect to standard costing, which of the following statement is incorrect?
The concept that requires a business to use the same accounting methods and policies from one period to the next is called:
The objective of ______ is to prescribe principles for determination and presentation of earnings per share which will improve comparison of performance...
Under the MUDRA scheme, a loan of up to ₹50,000 is categorized under which product?
As per Section 63(1), a company can issue fully paid up bonus shares to its members out of: