Question
If before expiry of period of limitation, an
acknowledgement in writing is made about liability of debt and promised to pay. What will be the effect of such acknowledgement?Solution
Section 18 of Limitation Act: Effect of acknowledgment in writing—(1) Where, before the expiration of the prescribed period for a suit of application in respect of any property or right, an acknowledgment of liability in respect of such property or right has been made in writing signed by the party against whom such property or right is claimed, or by any person through whom he derives his title or liability, a fresh period of limitation shall be computed from the time when the acknowledgment was so signed
Which of the following tool is used in monetary policy by the RBI, that allows banks to borrow money through repurchase agreements (repos) or for banks ...
Which of the following is/are the indicator/indicators used by IFPRI to compute the Global
Hunger Index Report?
1. Undernourishment
Which of the following countries is not one of the top 5 countries in the Global Innovation Policy Center of the U.S. Chamber of Commerce?
The Organisation for Economic Co-operation and Development is an intergovernmental organization founded in 1961 to stimulate economic progress and world...
The purchase of shares and bonds of Indian companies by Foreign Institutional Investors is called?
In which of the following satisfies the conditions for a monopsonistic market?
Consider the following statements:
1. Minority Stake Sale happens when the Government intends to sell a part of the PSU from its overall sharehol...
Which of the following is not a ‘Public Good’?
Under PMUY (1.0 2.0), How many LPG connections have been given ?
Digilocker is an initiative under the Digital India Program by which ministry?