From Statement 1: We know that managers in Department X are 20% more than assistants in Department Y. However, without knowing the actual number or ratio of assistants and managers in either department, we can't determine the exact ratio of managers between the departments. Thus, Statement 1 alone is not sufficient. From Statement 2: We have the total number of employees in Department X is 50% more than in Department Y. Also, we know the ratio of managers to assistants in Department Y is 2:3. But without knowing how this applies to Department X or any exact numbers, we cannot determine the specific ratio of managers between X and Y. Thus, Statement 2 alone is not sufficient. Combining Statements 1 and 2: Even with both statements, we lack the necessary exact values for either the managers or assistants in either department to calculate the precise ratio between the managers in X and Y. Correct Answer: (e) Statements 1 and 2 together are not sufficient.
When we look at claims’ trends, we look at a number of factors. Some of these are listed below. Which factor is not to be considered from this list?
Which of the term is the used when a policy has lapsed due to non-payment of premium?
Erection All Risks (EAR) Policy is also known as:
What does "subrogation" mean in the context of insurance?
A demand made by the insured, or the insured’s beneficiary, for payment of the benefits is known as?
A motor insurance cover note is valid for how many days?
What do you mean by money back policy in insurance?
The maturity age of a whole life policy is?
If a policy holder stops paying the premium after three years, but does not withdraw the money from his policy, then the policy is said to be?
The principle of "subrogation" in insurance refers to: