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According to IRDAI annual report 2023, the life insurance companies paid a total commission of Rs 42,322 crore during FY 2022-23. The commission expenses slightly increased to 5.41% in FY 2022-23 from 5.18% in FY 2021-22. The ratio of first-year commission to premium received in private sector companies grew from 10.94% in 2021-22 to 15.78% in FY 2022-23 - an increase of almost 5%. There was a very low growth in the public sector company's first-year commission increased from 26.55% to 27.61% - a hike of approximately 1% only.
Statements:
All Pearl are Flower.
Some Bud are Pearl.
No Flower is a Stem.
Conclusions:
Statement
Only a few Pumpkins are Apples
All Apples are Oranges
No Orange is a Pear
Conclusion
Statement:
Each girl is boy.
Only a few girls are men.
Few girls are not women.
Conclusion:
Statement :
All flowers are thorns.
Some flowers are leaves.
Conclusion:
I. No leaf is a thorn.
...Statements:
Some water is liquid.
Some liquid is milk.
No ice is milk.
Conclusions:
I. Some water is milk.
Statements: All rollers are coasters.
Some swings are rollers.
All bridges are swings.
Statements:
All Light are Pole
Some Steel is Light
No Pole is Metal
Conclusions:
Statement:
Each snickers are kit Kat.
Only a few snickers are dairy milk.
Few snickers are not munch.
Statements:
Only a few Book are Notebook.
No Notebook is a Pencil.
Only a few Pencil is Pen.
Conclusions: