Question
What is the purpose of the Motor Vehicles Act, 1988
with respect to insurance?Solution
The Motor Vehicles Act, 1988 makes third-party liability insurance mandatory for all motor vehicles in India. Third-party insurance covers the policyholder against any liability arising from injuries or damages caused to a third-party in case of an accident. The insurance covers the liability of the policyholder towards third parties, but not the policyholder's own damages. The purpose of the Act is to ensure that victims of road accidents are provided with adequate compensation and that the responsibility of the person causing the accident is established. Hence, option B is correct.
Statements: A = C > G > H = B > O; E < P = R > B
Conclusions:
I). E > H
II). H ≤ E
...Statements : M ≤ N; O < R; O = N; S ≥ Q; N > S
Conclusions :
(i) Q < M (ii) N ≥ Q (iii) M > R
...Statements: P ≥ S ≥ C ≤ U; N ≥ S < G ; C ≤ M
Conclusion I. P ≥ N II.M < S
...Statements:
J © K * R, U % R $ Z
Conclusions:
I. Z $ J
II. U % K
III. U © J
In the question, assuming the given statements to be true, find which of the following conclusion(s) among the three conclusions is/are true and then ...
Statements: A < B = C < D, A > E = F ≥ G ≥ H > I
Conclusions:
I. D > I
II. E = I
Which of the following symbols should replace the question mark (?) in the given expression in order to make the expressions B ≤ D as well as F > B de...
In which of these expression ‘N > G’ is definitely True?
Statements: S * K, T $ K, K @ B
Conclusions: a) S $ B b) S @ B
...Statements: X = P ≥ M; M > M > I > L; P < L < G
Conclusions:
I. G > I
II. X ≥ L
III. L < L
