What are the types of Guarantees?
There are two types of contract of guarantee i.e. Specific guarantee and continuing guarantee. When a guarantee is given only for single debt or transaction and is to come to an end when the guaranteed debt is paid or the promise is duly performed, it is called a specific or simple guarantee. A guarantee which extends to a series of transactions is called a continuing guarantee. In this case the surety’s liability would continue till all the transactions are completed or till the guarantor revokes the guarantee as to the future transactions.
Under Pradhan Mantri Gram Sadak Yojana, Union Government bears ____% of the project cost in respect of projects sanctioned in North-Eastern and Himalaya...
India's company HealthKart’s MuscleBlaze signs whom as brand ambassador?
Who unveiled the mascot 'Juhi' for the Jharkhand Women’s Asian Champions Trophy Ranchi 2023, and what is the inspiration behind the mascot?
The 40th edition of "Hunar Haat", a platform to preserve, protect and promote local artisans and craftsmen, was inaugurated by the Union minister Anurag...
Recently the central government launches 3 schemes to strengthen MSMEs in pharmaceutical sector, who will be the project management consultant for impl...
How much of India’s total gold reserve is now held domestically, as per RBI’s recent data?
Badri Narayan received the prestigious literary award Sahitya Akademi Award, 2022 for ?
Consider the following statements:
I. India's first-ever National Air Sports Policy-2022 has been launched by Sports Authority of India.
<...Deanna Syme Tewari, who passed away recently, was known for her achievements in which field?
RBI has extended the deadline for non-banking financial companies (NBFCs) to comply with new Non-Performing Assets (NPAs) classification norms to Septem...