Question
Any such transaction, in which any property is
transferred in the name of one person and payment is made by another person is known as?Solution
In Benami Transaction, a property is transferred or held by one person (Mr A, the ‘Benamidar’) and the consideration for such property is paid by another person (mr. B, the ‘beneficial owner’).
More Insurance Awareness Questions
Which of the following are symptoms of Riboflavin deficiency?
Options:
1. Angular stomatitis
2. Glossitis
3. Pellagra
4. Depression
Formation of abscission layer is a maturity index of:
The pressure is commonly used in HPP is
Vegetables are subjected to drying after:
Which accumulates in blood when fats are incompletely oxidized?
Storage temperature for Asparagus is:
Calliper grade is the maturity measurement for:
An example of a biological hazard is:
Salmonellosis involves:
The hydrolysis of fats and oils produces
