Question
The legal process by which an insurance company, after
paying a loss, seeks to recover the amount of the loss from another party who is legally liable for it is termed as?Solution
Subrogation is a term describing a legal right held by most insurance carriers to legally pursue a third party that caused an insurance loss to the insured. This is done in order to recover the amount of the claim paid by the insurance carrier to the insured for the loss.
PM Narendra Modi inaugurated the Statue of Equality in which city on February 5?
Which author won the Sahitya Akademi Yuva Puraskar for her memoir "Homeless: Growing up Lesbian and Dyslexic in India"?
Below is the list of persons who have been the chief minister of Uttar Pradesh?
1. Charan Singh
2. Kamalapati Tripathi
3. Sampurnan...
With reference to Virtual Digital Assets and Prevention of Money Laundering Act (PMLA) 2002 , consider the following statements:
1.   VDA ser...
Who inaugurated the "Digital India FutureLABS" in New Delhi and delivered the keynote address at the 'Digital India FutureLABS Summit 2024'?
Which Indian bank has the lowest net NPAs as of FY24?
Recently the Union Ministry of Panchayati Raj organized two day National Training Workshop on People’s Plan from _____ to ______ October...
The Legislative Council of Uttar Pradesh was constituted for the first time under which of the following Acts?
The Tropic of Cancer passes through which of the following states in India?
Recently the Chief Minister of West Bengal, Smt Mamta Banerjee has announced how many new districts in the state to make the total of 30 districts.
