With reference to Section 126 of The Indian Contract Act, 1872 read the following statements and select the correct option from below:
1. Guarantee must always be written
2. A guarantee may either be either oral or written
Section 126. "Contract of guarantee", "surety", "principal debtor" and "creditor”- A "contract of guarantee" is a contract to perform the promise, or discharge the liability, of a third person in case of his default. The person who gives the guarantee is called the "surety"; the person in respect of whose default the guarantee is given is called the "principal debtor", and the person to whom the guarantee is given is called the "creditor". A guarantee may be either oral or written.
INGRAM is a grievance redressal mechanism for all the stake holders involved with respect to ___________.
With reference to the Government portal UDID (Unique Disability ID), consider the following statements:
1. Ministry of Social Justice & Empow...
Consider the following Statements about Mission Indradhanush and choose the option with correct Statements.
Which of the following Statements is/are Correct?
(i) The Tribal Cooperative Marketing Development Federation of India Limited (TRIFED), was set ...
Consider the following Statements.
(i) Beti Bachao Beti Padhao is one the flagship programmes of the government, launched in 2015.
Which of the following Sub schemes is not implemented under PM Kisan Sampada Yojana?