Stolen property Current Affairs, GK & News

Varanasi Annapurna Idol: Key Highlights

The Varanasi Annapurna idol is being brought back to India after a century from Canada. It was stolen from a Varanasi temple about a century ago. This 18th century sculpture is carved in the ‘Benares style’ and is a representation of the goddess of food. The goddess is represented as holding a bowl of kheer ..

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What is Actual Cash Value?

Actual Cash Value refers to the monetary worth of a damaged or stolen property just before the loss took place. It is the amount equal to the replacement cost after depreciation is subtracted. Thus, it stands for the value at which the property can be resold and it is usually less than the amount required ..

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