Question
a.
Rs 5,000/-
b.
Rs 10,000/-
c.
Rs 12,500/-
d.
Rs 20,000/-
Posted under IC 14 Regulations of Insurance Business
Interact with the Community - Share Your Thoughts
Uncertain About the Answer? Seek Clarification Here.
Understand the Explanation? Include it Here.
Q. What compensation amount is fixed for 'grievous hurt' claims resulting from hit and run accidents, after the amendment to the Motor Vehicles Act, 1988?
Similar Questions
Explore Relevant Multiple Choice Questions (MCQs)
Q. What condition is attached to the payment of compensation for hit and run accidents, regarding compensation awarded under other provisions of the Motor Vehicles Act or any other law?
View solution
Q. What does the Solatium Fund consist of?
View solution
Q. When was the concept of 'payment of Compensation on structured formula basis' introduced in the Motor Vehicles Act?
View solution
Q. What does the new Section 163A of the Motor Vehicles Act provide for?
View solution
Q. What is the primary purpose of the Marine Insurance Act, 1963?
View solution
Q. In addition to the Marine Insurance Act, 1963, which law defines the responsibilities, liabilities, rights, and immunities of a ship-owner in respect of loss or damage to cargo carried?
View solution
Q. What does The Carriage of Goods by Sea Act, 1925, primarily deal with?
View solution
Q. What character does the Bill of Lading have according to the Bill of Lading Act, 1885?
View solution
Q. When did the Railways Act, 1989, come into effect?
View solution
Q. What does the Railways Claims Tribunal Act, 1987, provide for?
View solution
Q. What does The Carriers Act, 1865, define?
View solution
Q. What is the purpose of The Carriers Act, 1865?
View solution
Q. When did the Workmen’s Compensation Act, 1923, come into force?
View solution
Q. What is the objective of the Workmen’s Compensation Act, 1923?
View solution
Q. What benefits does the Employees’ State Insurance Act, 1948, provide to employees?
View solution
Q. What is the purpose of the Employees’ State Insurance Corporation under the Employees’ State Insurance Act, 1948?
View solution
Q. What is the main focus of the Employees’ State Insurance Act, 1948?
View solution
Q. What expenses are covered by the fund maintained under the Employees’ State Insurance Act, 1948?
View solution
Q. What is the primary purpose of the Public Liability Insurance Act, 1991?
View solution
Q. What relief is provided under the Public Liability Insurance Act, 1991, for fatal accidents?
View solution
Recommended Subjects
Are you eager to expand your knowledge beyond IC 14 Regulations of Insurance Business? We've handpicked a range of related categories that you might find intriguing.
Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!