Question
Which of the following accurately describes the
Authority's powers regarding the examination of re-insurance treaties under the Insurance Act?Solution
Section 101C. Examination of re-insurance treaties.—The Authority may, at any time-(a) call upon an insurer to submit for his examination at the principal place of business of the insurer in India all re-insurance treaties and other re-insurance contracts entered into by the insurer; (b) examine any officer of the insurer on oath in relation to any such document as is referred to in clause (a) above; or (c) by notice in writing, require any insurer to supply him with copies of any of the documents referred to in clause (a), certified by a principal officer of the insurer.
Break new ground
To feel under the weather
In each of the following questions, an idiomatic expression/proverb has been italicised– followed by four alternatives. Choose the one which best exp...
1 - Carry the can
2 - Bury the can
3 - Throw the can
4 - Dump the can
5 - None of theseCool heels
Do not run down your friends in public.
...Select the most appropriate meaning of the highlighted idiom.
It was a Catch 22 situation for the manager.
Although Nisha’s first two books were a huge success, she still shouldn’t rest on her laurels and keep going with the research.
I. Satisfied ...
Select the idiom/phrase that most accurately and contextually replaces the bolded segment.
Despite his junior position, Vikram consistently e...
After several months of hard work, the team finally brought home the bacon by completing the project ahead of schedule.Â