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The correct answer is B. It mandates that insurers must receive premiums before assuming any risk. Section 64VB of the Insurance Act 1963 states that no contract of insurance shall be valid unless the premium or the first installment of the premium has been paid.
In which of the following years did India’s first census take place?
Dosmoche is a Buddhist festival celebrated in which Indian state?
Which of the following institution was given recently the status of Deemed-to-be University?
Girish Chandra Murmu is the 14th Comptroller and Auditor General of India and the external auditor of the Inter-Parliamentary Union. He is also the chai...
Which Logic Gate is known as Universal Gate?
Zero Effect Zero Defect Scheme related to?
What is the difference between GNP and GDP called?
What service does the eSanjeevani platform provide?
Who among the following leaders founded the women’s wing of Congress in 1940?
Which West African countries recently declared its decision to withdraw from the Economic Community of West African States (ECOWAS)?
