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.
Select the number combination of letters that when placed sequentially in the blanks of the given series will complete the series.
A B A C _ D A ...
Complete the analogy:
Sharp : Knife :: Blunt : ?
Select the option in which the numbers are NOT related in the same way as are the numbers of the following set.
(21, 15, 72)
If 64 # 98 = 96 and 37 # 67 = 63, then 44 # 95 = ?
If 12 # 34 = 14 and 67 # 88 = 106, then 45 # 67 = ?
- Select the option that is related to third number cluster in the same way second number cluster is related to first number cluster.
145 : 1000 :: 354 :... Dog : Bitch : : Drone : ?
Select the set in which the numbers are related in the same way as are the numbers of the following sets.
(NOTE : Operations should be performe...
Select the combination of letters that when sequentially placed in the blanks of the given series will complete the series.
B _ M _ V B Q M _ V _ _ _ F V
Select the option that is related to third letter cluster in the same way as second letter cluster is related to first letter cluster.
CAT: JHA:: PUG: ?