As per the Insurance Act which of the following conditions would not disqualify a person from being appointed as an insurance agent?
Section 42. Appointment of insurance agents: (3) The disqualifications referred to in the proviso to sub-section (1) shall be the following: -- (a) that the person is a minor; (b) that he is found to be of unsound mind by a court of competent jurisdiction; (c) that he has been found guilty of criminal misappropriation or criminal breach of trust or cheating or forgery or an abetment of or attempt to commit any such offence by a court of competent jurisdiction: Provided that where at least five years have elapsed since the completion of the sentence imposed on any person in respect of any such offence, the Authority shall ordinarily declare in respect of such person that his conviction shall cease to operate as a disqualification under this clause; (d) that in the course of any judicial proceeding relating to any policy of insurance or the winding up of an insurer or in the course of an investigation of the affairs of an insurer it has been found that he has been guilty of or has knowingly participated in or connived at any fraud, dishonesty or misrepresentation against an insurer or insured; (e) that in the case of an individual, who does not possess the requisite qualifications or practical training or passed the examination, as may be specified by the regulations; (f) that in the case of a company or firm making, a director or a partner or one or more of its officers or other employees so designated by it and in the case of any other person the chief executive, by whatever name called, or one or more of his employees designated by him, do not possess the requisite qualifications or practical training and have not passed such an examination as required under clauses (e) and (g); (g) that he has not passed such examination as may be specified by the regulations; (h) that he has violated the code of conduct as may be specified by the regulations.
Under call money market, funds are transacted on an overnight basis and under notice money market, funds are transacted for a period between _________?
Which of the following estimation doesn’t date back to India’s pre-independence era?
Which among the following is NOT a qualitative measure of monetary policy undertaken by the RBI in India?
What is the minimum capital adequacy ratio to be maintained by a Small Finance Bank?
The International Financial Services Centres Authority Fund shall be applied for _____________
Improving the employee performance is a key part of human resource development. Which of the following helps in achieving this by increasing employee’...
Since the pandemic outbreak, the Centre has kept the Net borrowing Ceiling of the State Governments above the Fiscal Responsibility Legislation (FRL) th...
Which of the following are the recent reforms taken by the Government?
I- Improved fiscal transparency and realistic revenue assumptions in the B...
Under PMKVY, what is the maximum monetary reward a trainee can receive upon successful certification?
What recent (April 2024) announcement did the National Stock Exchange (NSE) make regarding derivatives contracts?