Question
Under the Limitation Act, when does the period of
limitation begin?ÂSolution
• Under Section 3 of the Limitation Act, 1963, the period of limitation for any suit, appeal, or application begins to run from the date when the cause of action arises. • The cause of action means a set of facts that entitles a person to institute a suit or proceedings. • This ensures that limitation is calculated from the point when the aggrieved party first has the right to seek legal remedy, not from when the case is filed or any subsequent procedural step.[Limitation Act, Section 3]
Which of the following is a key eligibility criterion for availing funding under the ARISE project funding product?
Which of the following Statements about Kisan Credit Card Scheme (KCC) is/are True?
I- It was introduced in 1998.
II- The scheme was ...
Deposit Insurance and Credit Guarantee Corporation (DICGC) provide funds up to Rs 5 lakh to an account holder within the Period of ________days.
Who is the head of the committee appointed for Capital Account Convertibility in Banks?
As per the revised PSL guidelines 2025, the loan limit under Priority Sector Lending for education has been raised to what amount? Â
The Risk-Based Internal Audit (RBIA) system is mandated for
What is the mandatory subscription period after which a non-government subscriber under NPS, can withdraw in case of voluntary retirement? Â
Which of the following is a key feature of the Green Finance Scheme (GFS) aimed at promoting green initiatives among MSMEs?
__________ and Reserve Bank Innovation Hub (RBIH) have come together to focus their efforts on enhancing the reach of financial solutions to large secti...
India offers $40 mn line of credit to boost sports infrastructure in which of the following Asian country?