Question
What is the primary method to calculate the pure premium
for a group of insured?Solution
Divide the total claims incurred per year by the number of units of exposure. The pure premium represents the expected cost of claims per unit of exposure. It is calculated by dividing the total claims incurred during a specific period by the total number of units of exposure (e.g., number of vehicles, number of homes).
Match List – I with List – II and select the correct answer using the codes given below the lists:
The President of 19th session of the Indian National Congress was ______.
Which one of the following nature of work shall not be taken into account while the Appropriate Government considers prohibiting employment of contract ...
Begum Hazrat Mahal, the wife of the Nawab of _______ led the uprising at Lucknow in May, 1857.
Which of the following social reformers of 19th century India was the author of ‘Stree Purush Tulana’?
 Which of the following organization is responsible for Price Support Operation for cotton in India?
 Recently, _________ the founder of Wikileaks was released from a prison in the United Kingdom.
On high temperatures, gas-melt rock content located below the surface of the Earth is called __________________
Edwin Lutyens and Herbert Baker are two architects credited to have designed the city of:
Which of the following type of climates are divided into Steppes or semi-arid climate (BS) and desert climate (BW)?