To make surety bond business more attractive, the government is going to make relevant changes in the Insolvency and Bankruptcy Code (IBC) to consider insurers as financial creditor in case of default of infra projects. The surety bond issued by a general insurance company is a three-party contract by which one party (the surety) guarantees the performance or obligations of a second party (the principal) to a third party (the obligee). The surety is a company that provides the financial guarantee to the obligee (usually a government entity) that the principal (business owner) will fulfil their obligations. The Ministry of Corporate Affairs is looking into concerns raised by the insurers that they should have resort to recovery on par with the banks as forwarded by the Department of Financial Services under the finance ministry. Thus, relevant changes would be made in IBC to provide financial creditor status to the insurer under the resolution process.
Select the most appropriate antonym of the bold word.
Some of the back-benchers feel that ignorance is bliss
Choose the option that is an antonym of the word in capitals.
The boy is PUNISHED and so cannot go out to play with his friends.
In each of the following questions, three out of four words given have the same meaning. Mark the number as your answer which is different in mea...
Find out the appropriate word.
What is the antonym of the word "ephemeral"?
In the following questions, choose the word opposite in meaning to the given word.
FOMENT
SERENE
A) Obnoxious B) Juvenile C)Hopeful D) Youthful
...Choose the word that can substitute the given group of words.
One who hates institution of marriage
Select the most appropriate opposite of the given COMPLIMENTATY
