SUPREME COURT
4-layer motor cover for new private cars, 2-wheelers from Dec. 15: IRDAI
Regulator’s directive follows Supreme Court order mandating a policy structure covering third-party liability, legal liability to occupants, personal accident and own damage
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Regulator’s directive follows Supreme Court order mandating a policy structure covering third-party liability, legal liability to occupants, personal accident and own damage
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Syllabus angleThis story sits in Economy & Finance. Which exam move does it enable?
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GS III · Economy & FinanceMacro data and policy decisions are high-yield: the same number can feed prelims, a GS III answer and an essay on growth with equity.
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- →Is this a demand-side, supply-side or institutional problem?
- →What does it do to inflation, fiscal space and employment?
- →Which section of the economy gains, and which one pays?
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