Question
____________ is the ratio of the number of life
insurance policy that lapsed within a given period to the number of policy in Force at the beginning of that period.Solution
Lapse ratio is the number of policies that are that are not renewed compared to the number of policies that were active at the beginning of that same period. The lapse ratio represents the percentage of policies that were not renewed, and thus have lapsed in coverage. Lapsed policies are not the same as canceled policies.
The Agricultural and Processed Food Products Export Development Authority (APEDA) was established by the Government of India under the Agricultural and...
What is the primary duty of a trustee under the Indian Trusts Act, 1882?
As per the Nation Food Security Act, 2013 the State Government shall, through the local ÂÂÂÂÂÂÂÂÂÂÂÂÂÂ____________, identify and providem...
For how long must a reporting entity maintain the information obtained while applying enhanced due diligence measures?
Company should file a prospectus in case of conversion of private company into a public company with in __________ from the date of resolution
The accused in the instant case was charged for killing a person by driving over him. A witness saw the vehicle at a high speed, but did not see the ac...
Which of the following is a valid ground for processing personal data without consent under the Act?
‘Mesne Profits' according to section 2 (12) of code of Civil Procedure does not include
A person accused of committing a crime but not yet tried for it is known as________________
Under the LIC Act, the Board of Directors shall consist of:Â
