Abstract Insurance Concept Classification- Life & Non- Life functions Importance and principles of Insurance IRDA Act 1999; Life Insurance concept : Public & private companies scheme and products LIC Act 1956; General Insurance concept: type public and private companies; Bank Concept : Classification their objective & Functions; Bank Management – concept functions importance Banking Regulation Act 1949 and main amendments RBI Act 1934 and main amendments; Banking Forms Reforms in Banking after 1991
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