Question
Which of the following conditions is true about
DICGC?Solution
It will provide funds up to Rs 5 lakh to an account holder within 90 days in the event of a bank coming under the moratorium imposed by the Reserve Bank of India (RBI). Earlier, account holders had to wait for years till the liquidation or restructuring of a distressed lender to get their deposits that are insured against default. The Rs 5-lakh deposit insurance cover was raised from Rs 1 lakh in 2020.
When A Ltd. and B Ltd. go into liquidation and a new company X Ltd. is formed, it is a case of:
The Maxim “actus non facit reum nisi mens sit rea” means:
The body of crime is represented by which common Latin Phrase?
What is the purpose of legal positivism?
Which of the following is not true about the working of NGT?
Consider the following statements
Statement (I): Specific relief can be granted only for the purpose of enforcing individual civil rights.
Under the Arbitration and Conciliation Act, 1996, what is the primary purpose of arbitration?Â
Contingency Fund ___
Under Section 143, Bharatiya Nyaya Sanhita, what is the punishment for a person who commits the offense of trafficking?
According to Indian Partnership Act When a partner transfers their interest in the firm, the transferee is entitled to______________________
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