The Insurance Regulatory and Development Authority of India (IRDAI) formed a taskforce that will review the existing bancassurance framework and improve the efficiency of the same amid complaints of mis-selling/forced selling of policies. In order to achieve this objective and considering the interest of the policyholder, IRDAI has set up a taskforce to examine the bancassurance framework. The committee will be headed by J Meena Kumari, Executive Director (Life) IRDAI, who will serve as the Chairperson of the taskforce. As per the terms of reference for the taskforce, it has to suggest regulatory stipulations on the market conduct requirements of bancassurance partners amid rising complaints of mis-selling or forced selling of policies from customers.
If the ratio of marked price and selling price of an article is 13:10. Shopkeeper earned 25% profit. If the difference between marked price and cost pr...
A shopkeeper purchased an article for Rs.'a' and marked it 140% above its cost price and sold it after giving two successive discounts of 300 and 20%, r...
An item is initially priced 36% higher than its cost price. After applying a 25% discount, it sells for a profit of Rs. 30. If, instead, the item is mar...
A vendor vended an item at a price 40% higher than its cost. If he had set the item's price at 60% above the cost, calculate the discount percentage giv...
Remi earns a profit of 20% on selling an article at a certain price. If she sells the articles for ₹. 8 more, she will gain 30%. What is the original ...
12% more is gained by selling a shirt for Rs. 4190 than by selling it for Rs. 3782. Find the cost price of the shirt.
A trader buys some goods for Rs 150. If the overhead expenses be 12% of cost price, then at what price should it be sold to earn 10% profit ?
The cost price of article A and B is Rs. ‘X’ and Rs. (X + 900), respectively. Article A is sold at 20% profit while article B is sold at 10%...
How much groundnut powder at Rs. 90 a kg. should be added to 56 kg. of cashew powder at Rs.310 a kg. so that by selling the mixture for Rs. 280 a kg, a ...
A dishonest dealer professes to sell his goods at cost price, but he uses a weight of 990 gm for the kg weight. Find his gain per cent.
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