Question
What will be the limitation period for instituting a
suit for which no specific period of limitation is provided under Limitation Act, 1963?Solution
Section 28 of the Limitation Act, 1963 states that if no period of limitation is provided for a suit or application, a period of 3 years shall be deemed to be the prescribed period. This general period serves as a default to ensure legal certainty and timely filing of suits.[Limitation Act, Section 28]
There are three commodities –the first commodity has a negative price, at −1 per unit; the second commodity is priced at +1 per unit while the third...
If two dice are thrown together, what is the probability of getting an even number on one dice and an odd number on the other dice?
In case of Cob web Model, Damped Oscillation is witnessed when
Which of the following statements is incorrect regarding Phillips’s curve?
As part of the GST 2.0 reforms effective September 2025, which of the following items is likely taxed under the new 40% demerit rate, alongside luxury c...
What does the Weak Axiom of Revealed Preference (WARP) state?
Consider two independent random variables: X~N(5, 4) and Y~N(3, 2). If (2X + 3Y)~N(μ, σ2), then the values of mean (μ) and variance (�...
In classical linear regression model if we add in 90 in X and Y observation and re-estimate the regression model then slope coefficient
Lorenz Curve is given by:
L(x) = 1/3 (X^3) + 2/3 (x^5). Calculate Gini Coefficient.
As per the Economic survey 2023-24, what percentage of India's economy was accounted for by the services sector in FY24?
