Question
a.
Request additional information from insurers
b.
Conduct audits of insurers
c.
Impose fines on insurers
d.
Suspend the licenses of insurers
Posted under IC 89 Management Accounting
Interact with the Community - Share Your Thoughts
Uncertain About the Answer? Seek Clarification Here.
Understand the Explanation? Include it Here.
Q. What does Regulation 11 allow the Authority to do?
Similar Questions
Explore Relevant Multiple Choice Questions (MCQs)
Q. What does Regulation 12 pertain to?
View solution
Q. Who are the mandatory members of the Investment Committee according to Regulation 13 (A)?
View solution
Q. What is the purpose of the Investment Policy mentioned in Regulation 13 (B)?
View solution
Q. What does the Board of Directors review on a quarterly basis according to Regulation 13 (B-iv)?
View solution
Q. How often does the Board review the Investment policy and its implementation according to Regulation 13 (B-v)?
View solution
Q. What responsibility does the Board have regarding investments?
View solution
Q. What is the requirement mentioned in Regulation 7 (c) of IRDA (Registration of Indian Insurance Companies) Regulations 2000 related to internal control of investment functions?
View solution
Q. What is the significance of the primary data server for investment management?
View solution
Q. When is the applicable NAV determined for applications received with local cheques, cash, or demand drafts?
View solution
Q. What is the procedure for determining the applicable NAV for applications received on the last business day of the Financial Year?
View solution
Q. What is the responsibility of the internal/concurrent auditor related to the reconciliation of product and fund information?
View solution
Q. What is the applicable NAV for applications received after Cut-off Time (3.00pm) on a business day?
View solution
Q. What does the insurer need to reconcile on a day-to-day basis for Unit-linked business?
View solution
Q. What is the requirement for applications received with local cheques, cash, or demand drafts after Cut-off Time (3.00 pm) on a business day?
View solution
Q. What is the basis for determining the applicable NAV for allotment of units?
View solution
Q. What does a "Business Day" mean?
View solution
Q. What is the frequency for reviewing the Investment Risk Management Systems and Process?
View solution
Q. What is required to be filed with the Authority along with the first quarter Returns regarding the Investment Risk Management Systems and Process?
View solution
Q. What is the responsibility of the board regarding the Investment Risk Management System and process?
View solution
Q. Who is typically expected to head the Audit Committee of the Board?
View solution
Recommended Subjects
Are you eager to expand your knowledge beyond IC 89 Management Accounting? We've handpicked a range of related categories that you might find intriguing.
Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!