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Let salary of car drivers be = x Then his tips = x× 5/4 = 5x/4 Total income = x+ 5x/4 = 9x/4 Portion of income come from tips = (5x/4)/(9x/4) = 5/9
Which of the following pools is managed by GIC?
What term applies to conditions that must be met before the insurer’s obligations arise?
As per the insurance act, early Death Claims can arise out of death during the first __________ policy years.
Which of the following is not the name of an Insurance Scheme launched by the Government of India?
Which of the following are authorized only to maintain the policies in electronic form and provide a service record of all insurance policies?
The Life Insurance Business is defined in which section of the Insurance Act, 1938?
Insurance that indemnifies the owner of real estate in the event that his or her clear ownership of property is challenged by the discovery of faults i...
What is the primary purpose of reinsurance?
What is a type of reinsurance in which the reinsurer can accept or reject any risk presented by an insurance company seeking reinsurance?
2000 factories require a Sum Insured of Rs.10 crores each. Statistically, we know that 2 factories get destroyed by fire each year. However, we do not ...
