ERF Scheme Overview
The Environmental Relief Fund (ERF) Scheme is designed to provide relief in case of accidents occurring while handling hazardous substances. Understanding the operational aspects, including who manages the fund, is crucial.
Fund Manager Identification for ERF
The question asks to identify the specific organization that acts as the 'Fund Manager' for the Environmental Relief Fund (ERF) Scheme among the given options. The Fund Manager is responsible for the administration and investment of the fund's assets.
Analysis of Options
The provided options are major insurance companies in India:
- Oriental Insurance Company
- New India Insurance Company
- United India Insurance Company Ltd
- National Insurance Company
Designated Fund Manager
Based on the administrative structure of the Environmental Relief Fund (ERF) Scheme, United India Insurance Company Ltd is designated as the Fund Manager.
This role involves managing the corpus of the fund, processing claims, and ensuring the smooth operation of the relief mechanism as stipulated by the scheme's guidelines.
Important Questions from Environmental Initiatives
Village Khejarli, famous for sacrifice of Amrita Devi Bishnoi is situated in:
Who coined the Chipko slogan "Ecology is Permanent Economy"?
Who coined the Chipko slogan "Ecology is Permanent Economy"?
- What does Non-Structural mitigation in disaster include?
- Which of the following government initiatives was launched in 1973 to conserve a key apex predator and its ecosystem in India?
