Insurance Regulations in India
5 Questions
2 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

How many life insurance companies are currently operating in India?

  • 10
  • 30
  • 15
  • 24 (correct)
  • When was the Insurance Act 1938 enacted in India?

  • 1972
  • 1956
  • 1938 (correct)
  • 1999
  • What percentage of the paid up equity capital can foreign investors hold in an Indian insurance company following the 2021 amendment of the Insurance Act?

  • 74% (correct)
  • 100%
  • 90%
  • 50%
  • Which entity is exempt from the purview of the Insurance Regulator in India?

    <p>India Post</p> Signup and view all the answers

    "General Insurance Business Nationalization Act" led to the nationalization of:

    <p>&quot;non-life insurance business&quot;</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Browser