Question
Under the Motor Vehicles Act, 1988, which of the
following statements about compensation in a motor vehicle accident is correct?Solution
Under Section 140 of the Motor Vehicles Act, 1988, there is a provision for “no-fault liability”: • Compensation is payable without the need to prove fault or negligence. • It applies in cases of death or permanent disablement from motor vehicle accidents. This ensures speedy relief to victims and their families, though they may later claim higher compensation by proving negligence. Relevant Law: Section 140, Motor Vehicles Act, 1988
As far as the features of the Pradhan Mantri Vaya Vandana Yojana (PMVVY) goes, which of the following is true if the pensioner dies during the policy t...
The stage of communication model in which easy and less technical jargons are used before the communication for smooth flow of communication is ______
Keeping in view welfare of the beneficiaries and in order to maintain uniformity across the States, free foodgrains will be provided under PMGKAY for t...
Calculate Debtors Ratio (365 days of the year.)
Match the following types of demand with their correct descriptions:
1. Market Demand
2. Autonomous Demand
3. Individual Demand Sch...
_________ is the risk of loss that arises due to breakdown in the internal procedures, people and systems or from external events
An enterprise with investment in plant and machinery or equipment of Rs.9 crore and turnover of Rs.40 crore in FY22, records turnover of Rs.52 crore in...
Which of the following statements accurately describes the features of Treasury Bills (TBills)?
Trade Payables are ₹50,000, Working Capital is ₹18,00,000, and Current Liabilities are ₹6,00,000. Calculate the Current Ratio.
Which of the following is correct regarding Risk Adjusted Returns on investment?
I. It is the process where a Risk in ...