Question
What does contract of guarantee
means?Solution
 It means a contract to perform the guarantee or discharge the liabilities of the person just in case he fails to discharge such liabilities. In other words, a contractual arrangement in which one party gives a guarantee for another regarding the fulfillment of a promise or repayment of the debt when the latter fails to discharge the liability or perform the undertaking.
In June 2022, the Supreme Court directed that every protected forest, national park and wildlife sanctuary across the country should have a mandatory e...
Which of the following is also known as the ‘White Mountain’?
Which of the following electromagnetic waves have the highest wavelength?
Which organization launched 'Project Vaani' in collaboration with IIT Madras to collect voice data from across India to train AI models in local languages?
Which of the following statements is/are correct about Panchayat Samiti?
1. The strength of a Panchayat Samiti depends on the population in a sam...
Which type of mirror is used by dentists to see large images of patients' teeth?
How many members are there in the GST council?
Which of the following was the main cause of the decline of the Gupta empire ?
What is the maximum compensation that can be awarded by the Banking Ombudsman under the Reserve Bank of India's scheme?
 India Post Payments Bank has partnered with which insurance company to offer term and annuity products to its customers.
