GoM means the Government of the State of Maharashtra and any agency, legislative body, department, political subdivision, authority or instrumentality thereof.
Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;
SORA means, in respect of any Singapore Business Day “i”, a reference rate equal to the daily Singapore Overnight Rate Average published by the Monetary Authority of Singapore (or a successor administrator), as the administrator of the benchmark, on the Monetary Authority of Singapore’s website currently at http://www.mas.gov.sg, or any successor website officially designated by the Monetary Authority of Singapore (or as published by its authorised distributors) (the “Relevant Screen Page”) on the Singapore Business Day immediately following such Singapore Business Day “i”; and
Tabarru ” means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help all Takaful Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Participants’ Risk Fund.
hostel means a place of residence for the students of the University, or its colleges, institutions and study centers, established or recognized to be as such by the University;