Question
The terms "Pledge", "Pawnor" and "Pawnee" has been
defined under which section of the Contract Act?Solution
Contract Act,Ā Section 172.Ā Ā "Pledge", "Pawnor" and "Pawnee" defined: The bailment of goods as security for payment of a debt or performance of a promise is called "pledge". The bailor is in this case called the "pawnor". The bailee is called the "pawnee".
As we know, the Government is paying much attention to āMicro Financeā these days. Which of the following is one of the examples of Micro Finance?
Which of the following is the first life insurance company in India?
Circumstance including possibility of loss or no loss but no possibility of gain is termed as?
This broad type of coverage was developed for shipments that do not involve ocean transport is known as?
The Insurance Institute of India (Regd.) formerly known as?
What is the purpose of "excess" in an insurance policy?
Which Section of the IRDAI Act,1999 specifies the Duties, Powers and functions of the Authority?
The Motor Vehicles Act, 1988 requires what document as proof of insurance?
The maturity age of a whole life policy is?
The 'Insured's Declaration' form is used to:
