Question
Which type of insurance is not covered under the
rule/contract of indemnity?Solution
As in the contract of indemnity a legal contract between the parties is made whereby one party commits to indemnify, i.e. to compensate, the loss incurred to the other party, by the conduct of the party, who is making the promise or by the conduct of the third party. So in Life insurance that is not possible as it may be due to an act of God or any natural calamity.
In which of the following years was the Indian National Congress split into two groups named as Moderates and Extremists?
Which state is the Longwood Shola Reserve Forest located in?
Which of the following is not a major consideration in the selection and application of accounting policies?
The National Payments Corporation of India (NPCI) has incorporated NBSL as its wholly owned subsidiary. In this context, what does the letter ‘B’ st...
In January of this year, CCIL (Clearing Corporation of India Ltd) made an application to which institution for recognition as third country CCPs (TC-CCP...
What is sublimation?
Which app has been launched by Kirern Rijiju in june 2020 to keep Indian athletes updated about banned substances?
Which of the following is not an example of Point Source of pollution?
Which is the largest chemical fertilizer producer in India?
Which year marks the beginning of phase 2 of the Swachh Bharat Mission (Grameen)?
