Q. Who has the authority to prescribe or revise the obligations specified in these regulations?

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Q. How is compliance with social sector obligations determined for both general and life companies?

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Q. Where should insurers submit returns regarding rural and social sector obligations?

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Q. What role does micro-insurance play in the growing Indian insurance industry?

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Q. What is the primary goal of micro-insurance?

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Q. In the context of micro-insurance, what is the role of micro finance institutions (MFIs)?

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Q. What are some scenarios where micro-insurance can be beneficial?

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Q. What role does the insurance company play in micro-insurance?

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Q. What are some risks covered under micro-insurance?

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Q. Which of the following is not a product offered under micro-insurance?

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Q. In what situations can micro-insurance be particularly beneficial?

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Q. What is the ultimate aim of microfinance?

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Q. Who is credited with conceiving the idea of forming a microcredit institution during a great famine in Bangladesh?

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Q. Which of the following is the most well-known international example of a microcredit institution?

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Q. When did the concept of micro-financing receive global appreciation?

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Q. What was recommended by the Consultative Group regarding the status of micro-insurance in India?

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Q. What suggestion was made regarding the distribution channel for micro-insurance?

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Q. How were micro-insurance agents proposed to be compensated for their additional services?

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Q. What language recommendation was made for policy literature and documents in micro-insurance?

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Q. What are the three types of entities allowed to act as micro-insurance agents according to the Micro-Insurance Regulations?

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