Get Started with ixamBee
Start learning 50% faster. Sign in now
Increased investment of M = 5000 x 1.4 = Rs.7000 Increased investment of N = 6000 + 2000 = Rs.8000 Ratio of profit share of M and N = (5000 x 6 + 7000 x 6) : (6000 x 6 + 8000 x 6) = 6:7 So, total annual profit received by them together = 2800 x (13/7) = Rs.5200
Which of the following pools is managed by GIC?
What is the purpose of risk management for an insured?
In Insurance, CGL stands for?
__________ in insurance is the splitting or spreading of risk among multiple parties.
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?
Which among these is not a type of General Insurance plans?
I. Motor Insurance
II. Marine Insurance
III. Health Insurance
The 'Insured's Declaration' form typically includes information about:
Marine insurance certificates must always be:
Consumer Protection Act deals with:
A term policy that can be converted to permanent coverage rather than expiring on a specific date is called _________.
