BUSINESS ADMINISTRATION
OFFICE MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Rules
|
|
|
plans
|
|
|
policies
|
|
|
procedure
|
Detailed explanation-1: -Fine is referred to as a sum of money ordered by the court to pay for an offence, after the complete prosecution in a matter. On the other hand, penalties do not involve court proceedings and they are imposed when a person does not comply with the provision of a specified act.
Detailed explanation-2: -For a first time violation, the fine is ₹1000 to ₹5000, while for the second time offenders, the new traffic challan rates are ₹10000 or imprisonment for 2 years.
Detailed explanation-3: -A fine or mulct (the latter synonym typically used in civil law) is a penalty of money that a court of law or other authority decides has to be paid as punishment for a crime or other offense. The amount of a fine can be determined case by case, but it is often announced in advance.
Detailed explanation-4: -Fines are monetary punishments for infractions, misdemeanors or felonies. Fines are intended to deter crime, punish offenders, and compensate victims for losses.