As per structured formula under the Motor Vehicle Act, victims of fatal injuries are paid compensation on the basis of:

Related MCQs

• __________ provides evidence of insurance to the police and Registration Authorities under Motor Vehicle Act.
• In India ……….controls and regulate the rates, advantages , terms and conditions that may be offered by insures in respect of general insurance business relating to marine (hull) ,motor ,engineering and workmen compensation.
• ………..principle in insurance mention the cause of loss must be direct and an insured one in order to claim for compensation.
• The minimum paid up capital required for a General Insurance Company is Rs. ____
• ________ is the charge to be paid to the transportation of the goods.
• An insurance policy will be only if ________ is paid
• The ……………discovered by Jakob Bernoulls around 1700 forms the basis of modern insurance.
• Risk is evaluated on the basis of ________ theory
• _____________ Policy issued on the basis of the number of persons assured.
• Motor insurance provides insurance cover to ________