Question
Ram makes four trips of equal distances. His speed on
first trip was 120 km/hr and in each subsequent trip his speed was half of the previous trip. What is the average speed of Ram in these four trips?Solution
Let us assume the distance on the first trip is d The total distance = 4d The speed on first trip = 120 km/h The speed on second trip = 60 km/h The speed on the third trip = 30 km/h The speed on the fourth trip = 15 km/h The total time is taken by Ram in the whole trip = [(d/120) + (d/60) + (d/30) + (d/15) + (15d/120)] = (d/8) The average speed = (4d/d)/(d/8) = 32 km/hr
Who was the originator of calculating the Human Life Value for the insurance requirement?
The Insurance Ombudsman was established to:
What is the significance of "Section 64 VB" of the Insurance Act 1963?
Percentage of each premium rupee that goes to insurers expenses including overhead, marketing and commissions is called ____.
What is a form of non-proportional reinsurance?
The central office of the Life Insurance Corporation of India (LIC) is located at?
The fixed income that one gets after the retirement is also known as ________.Â
The part of the policy that is specific to each insured individual is:
What is the main role of an insurance underwriter?
An individual who may become eligible to receive payment due to will, life insurance policy, retirement plan, annuity, trust, or other contract is known...