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प्रश्न
State with Reasons whether the following statement is TRUE or FALSE.
An individual must always tries to minimise the loss by fire as far as possible.
पर्याय
True
False
उत्तर
An individual must always tries to minimise the loss by fire as far as possible- True
Explanation:
The insured must take all the necessary measures and steps to control and minimise the loss caused by fire. He/she should not remain inactive while the accident occurs. This is a statement under the principle of mitigation of loss.
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संबंधित प्रश्न
State the advantages of Road Transport.
Principle of indemnity is not applicable to ______.
Match the correct pairs:
| Group “A” | Group “B” | ||
| a. | Road transport | 1 | Government owned |
| b. | Rail transport | 2 | Co-operative societies |
| c. | Air transport | 3 | Self employed |
| d. | Postal department | 4 | Owned by private companies |
| e. | Courier services | 5 | Door to door service |
| 6 | Owned by individuals | ||
| 7 | Costliest means of transport | ||
| 8 | Huge carrying capacity | ||
| 9 | Difficulty in transport | ||
| 10 | Cheapest means of transport |
Write a word or phrase or a term which can substitute each one of the following:
The account suitable for salaried people.
Write a word or phrase or a term which can substitute the following:
An account where fixed amount is kept for a specific period.
Write a word or phrase or a term which can substitute the following:
A bank, which is known as banker's bank.
Write a word or phrase or a term which can substitute the following:
A device through which calls and messages can be sent and received
Write a word or phrase or a term which can substitute the following:
Means of transport carrying bulk and heavy goods for international trade.
Write a word or phrase or a term which can substitute the following:
Mode of transport which helps to get goods and passengers at their door.
Write Short Note on the following:
Types of marine insurance policies
Write Short Note on the following:
Rail transport
Write Short Note on the following:
Other modes of transport
State with Reasons whether the following statement is TRUE or FALSE.
Insured must have insurable interest in the subject matter at the time of taking the policy.
State with Reasons whether the following statement is TRUE or FALSE.
Duty paid warehouses help to provide storage for perishable commodities.
State with Reasons whether the following statement is TRUE or FALSE.
Transport helps in raising standard of living.
State with Reasons whether the following statement is TRUE or FALSE.
Water transport is the costliest means of transport available.
State with Reasons whether the following statement is TRUE or FALSE.
Rail transport provides door to door services.
Answer the following question in short:
What is e-banking?
Answer the following question:
Describe the role of transport in modern times.
