Question
Which of the following does not fall under “undue
advantage” according to the PC Act?Solution
“Undue advantage” explicitly excludes legal remuneration under the PC Act. Legal remuneration refers to salary, allowances, or benefits that a public servant is lawfully entitled to receive under service rules. All other benefits such as money, postings, foreign trips, or promises of employment can constitute undue advantage if they are linked to an official act. Therefore, legal remuneration alone does not fall within the mischief of the Act.
Which of the following company is not a foreign insurance company?
In case of ambiguity in policy wording, which rule is applied?
What is the purpose of risk management for an insured?
What is an insurance purchased by a bank or creditor on an uninsured debtor’s behalf so if the property is damaged, funding is available to repair it?...
_____________ is the only public sector company in the field of life insurance in India
The 'No Claim Bonus' can be lost if:
A survey which is held to determine a properties insurable value is known as?
Which is not a General Insurance company?
Which of the following insurance compensates for the cost of repairing or replacing defective products past the normal warranty period provided by manu...
A policy that covers financial losses due to delays in project completion caused by accidental damage is: