Indo-US Nuclear Deal - GS questions based on daily current affairs

1)   Consider the following statements

1. The Indian Nuclear Insurance Pool is set up by General Insurance Corporation (GIC) of India and 11 other non-life insurers.
2. The pool has to maintain fund of 1500 crore rupees which is mandatory provision.

Which of the above statements is/are correct?

a. Only 1
b. Only 2
c. Both
d. None
Answer  Explanation 

ANSWER: Both

Explanation:
The pool will address third party liability insurance in a bid to offset financial burden of foreign nuclear suppliers under the CLNDA, 2010.

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