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Sadharan Bima Corporation is entitled to -- of public sector insurance business in Bangladesh.

Sadharan Bima Corporation is entitled to -- of public sector insurance business in Bangladesh. Correct Answer 50%

Now As per Insurance Corporation Act 2019, under section - 16, Sadharan Bima Corporation has solely right to underwrite 100% Public Property Non - life Business and 50% of Business is to be equally distributed among the private sector non - life insurance companies who, on the other hand, compulsorily re - insure half of their.

Related Questions

Sadharan Bima Corporation has a market share of over ---- of the total premium income of the insurance market of Bangladesh.
Statement : Many private sector banks have reduced interest rate on housing loans in comparison to public sector banks.

Courses of Action :
I. The case should be raised before the regulatory authority for investigation by the public sector banks as they cannot follow such reduction.
II. Public sector banks must adopt such policy to remain in competition.
III. The public sector banks should advertise their special feature repeatedly so that they do not lose their future customers.
Which of the following insurance products is not offered by Sadharan Bima Corporation?
Which of the following insurance products was discontinued by Sadharan Bima Corporation in the 90's?
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Which of the following is not an agreement in restraint of trade?
1. A sells the goodwill of his business with an agreement not to carry on a similar business within specified local limits, so long as the buyer carries on a similar business.
2. A sells the goodwill of his business with an agreement not to carry on a similar business within India, so long as the buyer carries on a similar business.
3. A sells the goodwill of his business with an agreement not to practice the same trade for 25 years.
4. A sells the goodwill of his business with an agreement not to engage in any business competing or liable to compete in any way with the business for the time being carried on by the buyer.
Sadharan Bima Corporation was incorporated after liberation in the year-.
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Consider the following statements related to the Pradhan Mantri Jeevan Jyoti Bima Yojana. 1. The age limit for PMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana) is minimum of 18 years and maximum of 60 years. 2. The annual premium for PMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana) is Rs 550. The premium could vary depending on the prevailing tax rates, age and location. 3. This scheme is implemented under the Ministry of Finance. Which of the above statement is/are correct?
According to a survey of business firms in a certain city, 750 firms offer their employees health insurance , 640 offer dental insurance and 280 offer health insurance and dental insurance. How many firms offer their employees health insurance or dental