Question
Which section of Negotiable Instrument Act deals with
‘payment in due course’?Solution
Section 10 - “Payment in due course” means payment in accordance with the apparent tenor of the instrument in good faith and without negligence to any person in possession thereof under circumstances which do not afford a reasonable ground for believing that he is not entitled to receive payment of the amount therein mentioned.
What covers professionals for negligence and errors or omissions that injure their clients?
Which of the following is NOT a key expense considered in premium calculation?
Which one of the principles of insurance denotes a positive duty of the person seeking insurance to voluntarily disclose accurately and fully?
Coverage for property taken or destroyed by breaking and entering the insured’s premises, burglary or theft, forgery or counterfeiting, fraud, kidnap ...
Which of the following is a public sector general insurance company in India?
The primary categories of insurance business in India are:
What is the purpose of a deductible in an insurance policy?
_____________ is the only public sector company in the field of life insurance in India
In the context of insurance, what does "exposure" refer to?
The minimum paid-up capital requirement for setting up a general insurance company in India is:
Relevant for Exams:
