Consider the following statements about insurance sector in India:
1. 100 percent Foreign Direct Investment (FDI) via automatic route is allowed in the insurance sector in India.
2. The Insurance Regulatory and Development Authority of India is the regulator for the insurance sector in India.
3. The share of non-life insurance is more than life insurance in India in the total premium collected in India.
Which of the statements given above is/are correct?
2 only
1 and 2 only
2 and 3 only
1 and 3 only
• Currently, 49% of FDI is permitted in the insurance sector in India, under the automatic route.
• Globally, the share of life insurance business in total premium was 54.32 percent. However, the share of life insurance business for India was very high at 74.73 percent, while the share of non-life insurance business was at 25.27 percent.
• The Insurance Regulatory and Development Authority of India (IRDAI) is a statutory body formed under an Act of the Parliament, viz., the Insurance Regulatory and Development Authority Act, 1999 (IRDA Act, 1999) for overall supervision and development of the insurance sector in India.
A spherical balloon of radius r subtends angle 60° at the eye of an observer. If the angle of elevation of its centre is 60° and h is the height of the centre of the balloon, then which one of the following is correct?
Miscellaneous · Easy
The main source of energy in Sun is :
Miscellaneous · Easy
Match the underlined word in each of the sentences with the correct parts of speech and indicate your response on the answer sheet accordingly. Oh no! I am getting late for the function.
Miscellaneous · Easy
The first and sixth sentences are given as S1 and S6. The middle four sentences in each have been jumbled up and labelled as P, Q, R and S. You are required to find the proper sequence of the four sentences and mark your response accordingly S1: Our Constitution makers were fully conscious of the fact that the Scheduled Castes and Scheduled Tribes had been oppressed and underprivileged sections of our society over the centuries and they deserved a special dispensation so that their condition may be vastly improved. P: Similarly, they were also sensitive of the difficulties and problems which were likely to be faced by the persons belonging to the Anglo-Indian community in the country. Q: One such provision related to the reservation of seats for these communities in the Lok Sabha and State Legislative Assemblies. R: This provision found place in Article 330 and Article 332 of the Constitution. S: For this purpose, several special provisions were incorporated in our Constitution. S6: Consequently, adequate safeguards were provided for these communities in our Constitution. The correct sequence should be:
Miscellaneous · Easy