In Case of Multi-Lane Road, Overtaking Is Generally Permitted from

question 7

Multiple Choice

In case of multi-lane road, overtaking is generally permitted from

• A)left side
• B)right side
• C)both sides
• D)any one of these

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Definitions:

Borrowed Funds

Money obtained through loans or debt financing, which must be repaid with interest over time.

Tax Rate

The percentage at which an individual or corporation is taxed, which can vary depending on income levels and types of income or gains.

Leveraged Lease

A lease agreement wherein the lessor uses borrowed funds to acquire the asset that is then leased to the lessee, often with tax benefits.

Financial Lease

A type of lease in which the lessee has use of the asset for a significant part of its useful life, offering benefits similar to ownership.