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Let C’s income be Rs. 100 Income of B = 100 × 60/100 = Rs. 60 C’s income is more than that of B by = Rs. (100 – 60) = Rs. 40 C’s income is more than that of B by = 40/60 × 100 = 66.7% ∴ C's income is 66.7% more than B's income.
A person invests Rs. 100000 in an insurance policy, 40000 Rs in a PPF account. He also invests fees of his two children 40000rs each. Then how...
What is the minimum group size in Micro Insurance Schemes?
What is NOT a common express condition in an insurance policy?
The Motor Vehicles Act, 1988 requires what document as proof of insurance?
A clause that allows the transfer of rights under a policy from one person to another, usually by means of a written document is called?
What is NOT an element of an insurance contract?
Under which type of plans, an insurance that provides coverage at a fixed rate of payments for a limited period of time is called?
A seller’s market in which insurance is expensive and in short supply is termed as?
Losses other than property damage that occur as a result of physical loss to a business for example, the cost of maintaining key employees to help reorg...
What is a type of reinsurance in which the reinsurer can accept or reject any risk presented by an insurance company seeking reinsurance?