Question
What is the significance of "Section 64 VB" of the
Insurance Act 1963?Solution
The correct answer is B. It mandates that insurers must receive premiums before assuming any risk. Section 64VB of the Insurance Act 1963 states that no contract of insurance shall be valid unless the premium or the first installment of the premium has been paid.
Who likes Daisy?
Who sits third to the left of T?
Five persons D, E, F, G and H are sitting in straight line facing towards the north. F sits second from the left end. Only one person sits between F an...
If Jimal is third to the right of Jaspreet, then who among the following is on the immediate left of Jignesh?
What is the position of V with respect to V’s wife?
Four of the five pairs are related to each other in some way and thus form a group, then which of the following pairs is odd among all five?
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Who sits second to the right of W?