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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.
Which British official was responsible for the fatal attack on Lala Lajpat Rai?
Which river is the only natural water source that drains into a lake in the desert?
In which year, the British defeated the Marathas in Rohilkhand?
In which state of India, the ‘Cherchera Festival’ has been celebrated on the full moon night of the 'Paush' Hindu calendar month.
"Nua Khai - a harvest festival" is mainly celebrated in which state in India?
What thematic equity scheme did Kotak Mutual Fund launch?
Imphal is the capital of which state?
What is the value of the contract signed by the Ministry of Defence with Advanced Weapon Equipment India Limited (AWEIL) for remote control guns?
What is the target year for the Open Acreage Licensing Policy (OALP) to achieve its objectives?
In the recent Commonwealth Games held in Birmingham, Saurav Ghosal bagged the bronze medal in the event for____?