Let the amount invested in the first scheme be Rs.x and in the second scheme be Rs.(15000 - x). Interest from the first scheme in 2 years = x × 10% × 2/100 = 0.2x Interest from the second scheme in 2 years = (15000 - x) × 12% × 2/100 = 0.24(15000 - x) According to the given condition, 0.2x + 0.24(15000 - x) = 3300 Simplifying: 0.2x + 3600 - 0.24x = 3300 -0.04x = -300 x = 7500 Amount invested in the second scheme = 15000 - 7500 = Rs.7500
The Private equity investors shall not hold more than _________ percent of the paid up equity share capital of the Indian insurance company.
Identify the scenario where a debate on the need for insurance is not required.
What is the ceiling of annual premium in a Micro Variable Insurance Product?
The principle of utmost good faith requires:
Which of the following is NOT a conventional classification of general insurance under the Insurance Act, 1938?
A policy that covers loss or damage to a householder's property is:
If an organization wishes to venture into Insurance Business it has to obtain a licence firstfrom which of the following ?
There is unlimited coverage to Third parties injury and Third party property damage is covered up to a sum of Rs ______.
Which of the term is the used when a policy has lapsed due to non-payment of premium?
The Insurance Ombudsman was established to:
