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.
What is the percentage profit earned by selling a car for Rs. 5,40,000?
I.The amount of profit earned by selling the car is Rs. 2,70,000.
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Total number of viewers of Zee News in the year 2011 is approximately how much % less than the total number of male viewers of Zee News over all...
The number of schools redeveloped in state A and E is approximately how much percent less than the number of school constructed in state in B and D toge...
What is the difference between the average number of schools redeveloped and the number of schools destroyed in all the states together?
What is the smallest number of the six numbers?
I.The average of six consecutive odd numbers is 8.
II. The s...
What is the ratio of the number of schools(constructed, destroyed, redeveloped ) in state B to that of the number of schools(constructed, destroyed, red...
Aaj Tak has projected that in the year 2014, the male viewership of the channel will be increased by 20% and female viewership will be same when...
What is the difference between the number of players who play for Kings XI Punjab and Mumbai Indians?
What is the total number of players who play for Kolkata Knight Riders and Chennai Super Kings?
What was the difference between the number of viewers of NDTV in the year 2013 as compared to previous year?
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