Question
What is the obligation of a person who has received
advantage under void agreement, or contract that becomes void as per section 65 of the Contract Act?Solution
Section 65. Obligation of person who has received advantage under void agreement, or contract that becomes void: When an agreement is discovered to be void, or when a contract becomes void, any person who has received any advantage under such agreement or contract is bound to restore it, or to make compensation for it to the person from whom he received it.
The rule of 72 can be used to give an estimate of the time period in which an investment amount can grow by ______, given the annual rate of return.
The Union Cabinet approved Vibrant Villages Programme that aims at Comprehensive development of villages of blocks on northern border thus improving th...
As per RBI guidelines, banks must dispose of all credit applications from Micro and Small Enterprises (MSEs) seeking loans up to ₹25 lakh within what ...
Export/import to which of these countries cannot generally be settled through Asian Clearing Union mechanism?
The stage of communication model in which easy and less technical jargons are used before the communication for smooth flow of communication is ______
Stand Up India Scheme was launched in 2016 for facilitating credit to SC/ST and Women entrepreneurs. The loans availed through the Scheme are repayable...
According to the Reserve Bank of India (Interest Rate on Advances) Directions, 2016, banks have the option to consider the outstanding balances of depos...
SWAMIH Fund has played an instrumental role in providing affordable homes to many. It has clocked 20000 mark since inception. What does the “W” sta...
A company earns good profit before the close of the financial year and declares dividend. This dividend is called:
An Ordinary Non-Resident Account (NRO) can be opened with:
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