How to validate dynamically generated input fields with jQuery Validation plugin ??

As we know jQuery validation plugin is the most commonly used client side form validation library which provides plenty of customization with an ease to save time for manually validating each HTML form elements from scratch.

Though this plugin provides lots of inbuilt function to customize validation, sometimes it becomes tricky to properly use this plugin as per our requirements.
For example in one of my recent project I was in a need to validate dynamically generated fields.
With some research, I came up with a solution which I’m describing below with an example.

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