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 among the following inaugurated the Dredging Museum ‘Nikarshan Sadan’ at Vishakhapatnam in February 2022?Â
During the construction of the 3D post office building in Bangalore, which institution or organization provided technical guidance to Larsen & Toubro?
Central Institute for Cotton Research (CICR) is located in:
Who among the following Katyuri rulers was responsible for the construction of the Lakulish Temple in Jageshwar?
The system of the Budget was introduced in British India during the viceroyalty of ________.
‘The Palace of Illusions’, a rendition of the Hindu epic ‘Mahabharata’, was written by which of the following novelists?
The MSF rate is pegged _____ basis points or a percentage point above the repo rate?
 In which year the Royal Bengal Tiger was given the status of National Animal of India?
What was the reason for awarding the Nobel Prize to Guglielmo Marconi and Karl Ferdinand Braun in 1909?
Most of the Harappan sites are primarily divided into _________ parts.Â