Question
In which year did the establishment of the Insurance
Regulatory and Development Authority of India (IRDAI) take place?Solution
Established in 1999, the IRDAI plays a crucial role in regulating and promoting orderly growth in the insurance industry, ensuring that the interests of policyholders are safeguarded through robust regulatory frameworks.
A started a business with an investment of Rs.1500. After some months, B joins the business with an investment of Rs.3000 and after two more months C jo...
- 'A' started a firm by investing Rs. 6,000. After 4 months, 'B' joined with an amount Rs. 1,000 more than 'A'. After 4 more months, 'C' joined with Rs. 8,00...
A and B entered into a business investing their capital in the ratio of 18:21, respectively and the respective ratio of time for which they made their i...
Simran and Indu started a business investing Rs. 110, 000 and Rs. 80,000 respectively. In what ratio the profit earned after 2 years be divided between ...
X, Y and Z entered into a business. The capital of X and Y are 40% and 60% more than Z’s capital respectively. If the annual profit is Rs. 21000, what...
A and B invests Rs. (X-1200) and (X+1800) in a business respectively. Investment period of both of them was same. If the total profit is Rs. Y and profi...
A and B entered into a business investing their capital in the ratio of 16:21, respectively and the respective ratio of time for which they made their i...
Three partners Karan, Arjun and Mukesh invest Rs 75,000, Rs 90,000, Rs 1,05,000 respectively in a business. Karan receives 12.5% of the profit as Manage...
A invested Rs X in a scheme. After 6 months, B joined with Rs 9000 more than that of A. After an year, ratio of profit of B to the total profit was 3: 7...
'A' and 'B' started a business, investing Rs. 7,200 and Rs. 4,800, respectively, for the same duration. 'A', being a working partner, received Rs. 4,800...
Relevant for Exams:
