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Insurance business was started in Nepal by Nepal Bank's Maal Chalani Tatha Beema Company (translating to Transport and Insurance company) in 2004 B.S. Until 2026 B.S., the insurance business in Nepal was regulated by Nepal Government's Insurance Act, 1968 A.D. Feeling a need for effective regulation and control of insurance business, Nepal Government took steps to establish a dedicated ...
Insurance companies in Nepal are regulated by Nepal Beema Pradhikaran (Nepal Insurance Authority), an arm of Nepal Government's Ministry of Finance. As of November 2023, a total of 35 insurance companies are offering Life, Non-Life (General), Micro and Re-insurance services. Life Insurance Companies As of November 2023, 14 life insurance companies are in operation in Nepal: S.N Life Insurance ...
National Examination Board is responsible for conducting and managing 12th grade-Higher Secondary exams and 10th grade Secondary Education Examination (SEE) Exams. [3] The jurisdiction of the previous Higher Secondary Education Board (HSEB) was limited to 11th and 12th-grade high school (10+2) only. HSEB was established in 1989 under the Higher ...
Secondary Education Examination (SEE) is the final examination in the secondary school system of Nepal which is being taken by National Examination Board .National Examination Board upgraded from what was previously known as School Leaving Certificate (SLC).
The SLC (Class 11 and 12) and SEE (Class 10) examinations are normally scheduled from April to June each year. The examinations are conducted by the National Examination Board (NEB), located in Sanothimi, Bhaktapur, Nepal. Until 2016, SLC was the Grade 10 final examination, famously known as the "iron gate" [citation needed]. However, after ...
The educational system in Nepal was long based on home-schooling and gurukulas. [4] This was similar to the former Indian system of education, in which the pupils would learn either in their own homes or with reputed priests or Gurus. Before Nepal was declared a democratic country, the general public had no access to formal education.
In insurance, the insurance policy is a contract (generally a standard form contract) between the insurer and the policyholder, which determines the claims which the insurer is legally required to pay. In exchange for an initial payment, known as the premium, the insurer promises to pay for loss caused by perils covered under the policy language.
The earliest form of insurance is probably marine insurance, although forms of mutuality (group self-insurance) existed before that. Marine insurance originated with the merchants of the Hanseatic league and the financiers of Lombardy in the 12th and 13th centuries, recorded in the name of Lombard Street in the City of London, the oldest trading insurance market.