What is the purpose of the Motor Vehicles Act, 1988 with respect to insurance?
The Motor Vehicles Act, 1988 makes third-party liability insurance mandatory for all motor vehicles in India. Third-party insurance covers the policyholder against any liability arising from injuries or damages caused to a third-party in case of an accident. The insurance covers the liability of the policyholder towards third parties, but not the policyholder's own damages. The purpose of the Act is to ensure that victims of road accidents are provided with adequate compensation and that the responsibility of the person causing the accident is established. Hence, option B is correct.
Using Internet for information search for product information satisfies which requirement?
SBUs with high growth rate and high relative market share are called _________.
Customer relationship management (CRM) is most closely related to the _____ era in the evolution of marketing.
What is the international agreement that promotes economic integration around the Pacific Rim?
Each of the following describes products that assist directly or indirectly in providing products for resale EXCEPT:
When Guliyan Chocolates runs a magazine ad with the headline "Spend this birthday with your family" it has created _____ advertising.
Within the buying centre, influencers are people who:
Indirect channels for consumer goods
To be identified as a market segment, its members must:
Considering the concept of a service continuum, how would one characterize a tailored suit?