BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Under which section of Insurance act 1938, the Amalgamation and Transfer of Insurance Business came?
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section 23
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section 35
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section 40
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section 32
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Explanation:
Detailed explanation-1: -# 35 Amalgamation and transfer of insurance business (2) Any scheme prepared under this section shall set out the agreement under which the transfer or amalgamation is proposed to be effected, and shall contain such further provisions as may be necessary for giving effect to the scheme.
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