The Institute for Development and Research in Banking Technology (IDRBT) is a premier institution established to promote research, development, and capacity building in the area of banking and...
The Insurance Agent Code of Conduct refers to a set of ethical principles, professional standards, and regulatory guidelines that govern the behaviour and responsibilities of insurance agents. It...
Insurance brokers are licensed professional intermediaries who represent the interests of insurance buyers rather than insurers. They play a crucial role in the insurance ecosystem by advising clients,...
The Insurance Foreign Direct Investment (FDI) Limit Increase refers to the policy decision of the Government of India to raise the maximum permissible level of foreign investment in...
Insurance for All by 2047 is a long-term national vision aimed at ensuring universal access to insurance coverage for every citizen of India by the year 2047, which...
Insurance limit refers to the maximum amount of financial protection or compensation that an insurer agrees to provide under an insurance policy. It represents the upper ceiling of...
Insurance Marketing Firms (IMFs) are specialised entities authorised to distribute insurance products from multiple insurance companies under a regulated framework. They were introduced to strengthen insurance distribution, especially...
The Insurance Ombudsman Scheme is an institutional grievance redressal mechanism in India aimed at providing speedy, impartial, and cost-free resolution of disputes between insurance policyholders and insurance companies....
1. Which committee has been constituted to relook defense spending?[A]Bipin Rawat committee[B]Sarath Chand committee[C]D B Shekatkar committee[D]DS Hooda committeeAnswer: D B Shekatkar committeeThe Central Government has recently constituted...
Insurance portability refers to the facility that allows a policyholder to shift an existing insurance policy from one insurer to another without losing accrued benefits, subject to prescribed...
The Insurance Regulatory and Development Authority of India (IRDAI) is the apex body overseeing the insurance sector in India. It was constituted by an Act of Parliament (the...
Insurance Repositories, commonly known as Insurance Repositories (IRs), are institutions authorised to hold and maintain insurance policies in electronic form. They represent an important structural reform in India’s...
