Question
A buyer and seller entered into a CIF (Cost, Insurance,
Freight) contract. The seller shipped the goods and handed over the bill of lading and insurance documents to the buyer. Before the goods reached the destination, they were destroyed at sea. Who bears the risk?Solution
In a CIF contract, risk passes to the buyer once goods are shipped and documents are delivered. The buyer is now protected through the insurance arranged by the seller but bears the risk of loss.
 What is the Capital Adequacy Ratio (CRAR) required for Urban Cooperative Banks (UCBs)?
In _______ the East India Company's ships defeated the Portuguese in the Swally estuary off Surat.Â
In 2015, the eminent danseuse and ______________ exponent, Padma Subrahmanyam was selected for Kerala's prestigious choreography award 'Nishagandhi Pura...
Tansen, the music legend was a courtier in which of the following courts before coming to Akbar?
Consider the following statements in regards to the Consumer Protection Act, 2019:
I) It was introduced as a replacement of COPRA, 1986
II...
India issued a 10-year Sovereign Green Bond in 2024–25 to fund:Â
U 20 wrestling championship 2023 held in which country?
Before the amendment of the Flag Code of India, 2002, in 2021, which type of cloth was specified by law for making the national flag of India, as regula...
With reference to the ‘Samudrayaan Mission’, consider the following statements:
Which of the statements given above is/are correct?
In April 2018, who among these became the highest ranked men's badminton player in the world?
