Question
What is the purpose of a "No Claim Bonus" in motor
insurance?Solution
The correct answer is B. To reward drivers with a good driving record. No Claim Bonus is a discount offered by insurers to policyholders who have not made any claims during the policy period.
Which of the following is not true? Admissions:
“The Commission may inquire into any alleged contravention of the provisions of Section 3(1) or Section 4(1) either on its own motion or on receipt of...
Facts which are occasion of a certain event are constituted under which section of the Indian Evidence Act, 1872?
Under the Hindu Succession Act, if an intestate has left no qualified heir to succeed to their property, what happens to the property?
Under Section 14 of the Industrial Relations Code, 2020, what is the minimum membership threshold for a Trade Union to be recognised as the sole negotia...
Consider the following statements regarding conflict of interest and related party transactions under Sections 184-188 of the Companies Act, 2013:
...When the language used in the document is ambiguous
As per the Limitation Act, 1963, what is the time period for the acquisition of easement by prescription?
Which section empowers the Central Government to make rules for regulating environmental pollution?
On the direction of State Government duty may be levied on excisable articles:
