Question
Transfer of right to enjoy an immovable property in
consideration of price is known as:Solution
Transfer of Property Act: Section 105. Lease: A lease of immoveable property is a transfer of a right to enjoy such property, made for a certain time, express or implied, or in perpetuity, in consideration of a price paid or promised, or of money, a share of crops, service or any other thing of value, to be rendered periodically or on specified occasions to the transferor by the transferee, who accepts the transfer on such terms. Lessor, lessee, premium and rent defined: The transferor is called the lessor, the transferee is called the lessee, the price is called the premium, and the money, share, service or other thing to be so rendered is called the rent.
The PM-PRANAM scheme was introduced to promote the use of biofertilizers and organic fertilizers, thereby reducing the reliance on chemical fertilizers....
In economic terminology, Isoquants denote
Which of the following is not a feature of perfect competition?
The Ministry of Agriculture and Farmers’ Welfare, along with NABARD, recently launched a web portal to streamline and expedite the process of settling...
In terms of economics, real flow comprises
The World Economic Outlook (WEO) 2024 projects global growth for 2024 and 2025 amidst a challenging economic environment. Services inflation has been a ...
Consider the following in respect of ‘National Career Service’:
National Career Service is an initiative of the Department of Personnel an...
The Sampoornata Abhiyan, a campaign launched by NITI Aayog, aims to:
Which of the following statements is correct for the monopolist?
As per the Economic Survey, what is the average annual growth rate of the Indian agriculture sector over the last five years at constant prices, and how...