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.
The old man cactus, is a species of cactus native to Hidalgo and Veracruz in central Mexico. Scientific name of old man Cactus is?
Who introduced the term "New Systematic"?
In 2020-21, exports of agriculture and allied products from India grew by ……………per cent over the previous year.
...What is the ceiling of the financing limit under the ACABC Scheme for the group project established by the group of at least 5 Members trained under the...
Farm management is not concerned about
Double zero rapeseed and mustard varieties refer to
_____________ a flagship initiative of the Ministry of Agriculture and Farmers Welfare, has won the Platinum Award in the Digital Empowerment of Citize...
Match List 1 with List II
List I
List II
A. Parallel system
I. Junction box
B....
Under the PM-KISAN scheme, all landholding farmers' families shall be provided the financial benefit of Rs.____/-per annum per family payable in three e...
Soil is a natural body composed of mineral and organic costituents, having definite genesis and a distinct nature of its own. Who amongst the following ...
