Start learning 50% faster. Sign in now
Explanation: Section 18. Functions of Corporation—(1) The functions of the Corporation shall include— (a) the carrying on of any part of the general insurance business, if it thinks it desirable to do so; (b) aiding, assisting and advising the acquiring companies in the matter of setting up of standards of conduct and sound practice in general insurance business and in the matter of rendering efficient service to holders of policies of general insurance; (c) advising the acquiring companies in the matter of controlling their expenses including the payment of commission and other expenses; (d) advising the acquiring companies in the matter of the investment of their funds; (e) issuing directions to acquiring companies in relation to the conduct of general insurance business: 1 [Provided that all the functions of the Corporation specified in this sub-section, on and from the commencement of the General Insurance Business (Nationalisation) Amendment Act, 2002, shall be performed by the Central Government.
NPCI sets_____ as a deadline to activate offline payments on RuPay cards.
Which of the following statements is correct regarding the cyanide sensor developed by researchers at the Central University of Kerala?
Tel Aviv University, Israel has developed an aerogel adsorbent that can remove trace pollutants from wastewater that removes over 76 per cent of trace p...
Which of the following settlement cycle means that trade-related settlements must be done within a day, or 24 hours, of the completion of a transaction?
What is the primary goal of establishing new testing laboratories for cotton and textiles in India?
Which of the following is a significant challenge mentioned for cities under SBM Urban 2.0?
Which firm has become India’s first artificial intelligence (AI) unicorn, and how much funding did it secure in its recent funding round?
Recently which Group has announced to launched the country’s first integrated green energy storage project?
What is the main focus of the National Efficient Cooking Programme (NECP) launched by Energy Efficiency Services Limited (EESL)?
Who has won the BBC Sports Personality of the Year 2021 Award?