Question
According to the RBI's revised instructions on
Unclaimed Deposits, what is the time limit after which the amount must be transferred to the Depositor Education and Awareness (DEA) Fund if the account remains inactive?Solution
The circular on "Inoperative Accounts/Unclaimed Deposits in Banks" states that amounts lying inactive in accounts for 10 years or more must be transferred to the DEA Fund.
As per Negotiable Instrument Act, the term negotiable means
Which of the following section of Cr. p.C is related with the inherent power of High Court ?
Consequential damage over breach of contract was determined by the English Court in the well-known case of ________________
The Specific Relief Act, 1963 came into force on______________
Which of the following is the objective of the IRDA Act?
Court will presume an abetment of suicide by a married woman, when it is shown that she committed suicide within a period of ……………of her marri...
Who are not competent to Contract as per the Contract Act?
The Sale of Goods Act. 1930 is based on:
A The Supreme Court of India has struck down the punishment of death when a prisoner commits murder while under the sentence for life in the case of’...
Who among the following holds his office at the pleasure of the President?
