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Section 111 of Evidence Act Proof of good faith in transactions where one party is in relation of active confidence––Where there is a question as to the good faith of a transaction between parties, one of whom stands to the other in a position of active confidence, the burden of proving the good faith of the transaction is on the party who is in a position of active confidence. Illustrations (a) The good faith of a sale by a client to an attorney is in question in a suit brought by the client. The burden of proving the good faith of the transaction is on the attorney.
Which of the following is/are the approach(s) to study human development?
1. Income approach
2. Welfare approach
3. Sustainability ...
Consider the following statements regarding the financial center of Shanghai:
1) Shanghai is the largest city in China and the economic hub of th...
Which of the following should head the Credit Control Committee?
Under the proposed framework on ECL model for bank, interest income will be recognised on what basis for stage 3 assets?
State whether the following statements are true/false:
1 A fixed budget is prepared for only Range of activity.
2 A flexible budget is pre...
Which of the following statements is/are correct regarding Derivatives in India?
1) Derivatives are financial instruments that derive th...
In capital budgeting, the profitability index method is also known as:
Which of the following is not a part of the Tier 1 Capital of a bank?
A company sells a unit for ₹20. Its fixed cost is ₹10,000, and the variable cost per unit is ₹10. What is the contribution per unit?
A facility to withdraw money from a current bank account without having a credit balance but is limited to the extent of the borrowing limit, which the...