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Mock objects have the same interface as the real objects they mimic, allowing a client object to remain unaware of whether it is using a real object or a mock object. Many available mock object frameworks allow the programmer to specify which methods will be invoked on a mock object, in what order, what parameters will be passed to them, and what values will be returned.
The insurance sector has gone through a number of phases by allowing private companies to solicit insurance and also allowing foreign direct investment. India allowed private companies in insurance sector in 2000, setting a limit on FDI to 26%, which was increased to 49% in 2014, [ 2 ] and further increased to 74% in May 2021.
The New India Assurance Co. Ltd. (NIACL) is an Indian public sector insurance company owned by the Government of India and administered by the Ministry of Finance. Headquartered in Mumbai , it is the largest nationalised general insurance company of India based on gross premium collection inclusive of foreign operations.
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Training periods range from six months to two years in over 130 different specialties. Prerequisites for the courses range from 8th to 12th class pass. Upon completion of the training, trainees write the All India Trade Test (AITT). Successful candidates receive the National Trade diploma (NTD). [5]
The Oriental Insurance Company Ltd. (OICL) is an Indian public sector insurance company owned by the Government of India and administered by the Ministry of Finance. Headquartered in New Delhi , the company has 29 regional offices and more than 2,000 active branches nationwide.
TCS BaNCS is a core banking software suite developed by Tata Consultancy Services for use by retail banks. [2]It includes functions for universal banking, core banking, payments, wealth management, forex and money markets, compliance, insurance, securities processing, custody, financial inclusion, Islamic banking and treasury operations.
The Insurance Act, 1938 is a law originally passed in 1938 in British India to regulate the insurance sector. It provides the broad legal framework within which the ...