Question
A clause that allows the transfer of rights under a
policy from one person to another, usually by means of a written document is called?Solution
An assignment is the transfer of an individual's rights or property to another person or business. For example, when an option contract is assigned, the option writer has an obligation to complete the requirements of the contract. If the option was a call, the writer would have to sell the underlying security at the stated strike price. If it was a put, the writer would have to buy the underlying security at the stated strike price.
In its audit of various regions, the Ministry’s report has calculated a cumulative loss of forests in Mizoram, Nagaland and Arunachal of nearly 1,...
Choose the sentence which is grammatically correct.
In the question below, a sentence is given, divided into parts which when rearranged will form a logical and coherent sentence. One of the parts does n...
1) How this little book of stories of Forest Families in the 1930s in British India landed up on my table, I have no idea.
2) As it came from the...
Faced with one of the worst dengue epidemics it has seen, this year the Tamil Nadu government responded by freely distributing a herbal concoction, nil...
In the question below, a sentence is given, divided into parts which when rearranged will form a logical and coherent sentence. One of the parts does n...
Five statements are given below labelled 1), 2), 3), 4) and 5). Among these, four statements are in logical order and form a coherent paragraph/passage....
This year’s budget proved the phrase “expect the unexpected” from a personal tax perspective. There was much speculation until ...
P: If the intention is just to consume whatever comes from the West, then it is harmful.
Q: Some of its effects are really helping and positive a...
The International Monetary Fund’s (IMF) July World Economic Outlook Update retained India’s projected GDP growth rat...