The Life Insurance Corporation of India (LIC) was established in 1956 as a public sector life insurance company in India. However, LIC is not the only public sector life insurance company in India. There are also other public sector life insurance companies such as the General Insurance Corporation of India (GIC) and its subsidiaries. The maximum coverage under a life insurance policy in India is not unlimited. The coverage is subject to the underwriting policies of the insurance company, which take into account various factors such as the age, health, and income of the policyholder. Typically, the coverage amount is determined based on the sum assured, which is the guaranteed amount that the insurance company will pay to the policyholder or the nominee in the event of the policyholder's death.
When 19.62% of Pawan's monthly salary, which is the total of 15721.33 and 19678.9, is equally distributed among four different SIPs, what is the approxi...
When two equal amounts are deposited for 7 years and 5 years at the rate of 6% and 8% per annum respectively, the difference of their simple interest is...
A man wants to invest Rs 20,220 in bank account of his two sons whose age were 12 years and 16 years in such a way that they will get equal amount at ag...
The amount becomes ₹ 1,451.25 in one year on a simple rate of interest. If the rate of interest was 2% higher, the amount would have been ₹ 27 more...
A sum lent out at simple interest amounts to 6076 in 1 year and 7504 in 4 years. The sum and the rate of interest p.a. are respectively
At what % of simple interest per annum will Rs. 400 amount to Rs. 580 in five years?
Ajay invested Rs.a in SI at 7% rate of interest per annum for 9 years. Vishal invested the same amount in SI at 5% rate of interest per annum for 3 year...
A sum of money doubles itself in 5 years at simple interest. In how many years will it become 5 times itself at the same rate of interest?
A man invested Rs. 't' in scheme 'I' offering simple interest at 11% for 7 years and Rs. 2,700 in scheme 'J' offering simple interest at 13% for 6 years...
Rs. ’P’ invested at a rate of 10% p.a. compound interest (compounded annually) amounts to Rs. 7744 at the end of 2 years. Find the simple interest e...
