Question
Under the Motor Vehicles Act, 1988, which type of
insurance is compulsory for all motor vehicles plying in public places?Solution
As per Section 146 of the Motor Vehicles Act, 1988 , third-party insurance is mandatory for all motor vehicles used in public places.This ensures that in case of death, bodily injury, or property damage to a third party , compensation can be paid even if the owner of the vehicle cannot pay.
Which among the following may be defined as the cost of raising an additional rupee of capital?
Under which section of the Companies Act 2013 NFRA is constituted?Â
What does "ESG" stand for in the context of BRSR and SEBI's requirements?
To be eligible for transitioning into a Universal Bank, what is the maximum permissible Gross Non-Performing Assets (GNPA) ratio for the SFB in the last...
IFSCA has recently issued 6) Guidelines for Business Continuity Plan (BCP) and Disaster Recovery (DR) for Market Infrastructure institutions (MIIs), how...
What filing requirements were introduced for Fund Management Entities (FMEs) regarding schemes or funds launched in the IFSC as per the April 2024 IFSCA...
Rahul bought 100 shares of Reliance for price of Rs.1500 per share. After one year he sold the shares for Rs.1700. Reliance paid out a dividend of Rs.1...
What must a company do if a declared dividend has not been paid or claimed within thirty days from the date of declaration?
Consider the following statement:
I. Government will launch a new sub-scheme of PM Matsya Sampada Yojana with targeted investment of 5,000 cr...
Commercial bank credit to NBFCs for on-lending to priority sector is allowed up to _____ of the bank’s total PSL, as per RBI regulations?
