Question
'Akshay' alone takes 18 days to finish a work while
'Bhim' alone takes 24 days to finish the same work. If 'Akshay' and 'Bhim' work on alternate days starting with 'Akshay', then find the time taken to complete the whole work this way.Solution
Let, the total work be LCM of [18, 24] = 72 units Efficiency of 'Akshay' = (72/18) = 4 units/day Efficiency of 'Bhim' = (72/24) = 3 units/day Amount of work done in first two days = 4 x 1 + 3 x 1 = 7 units Amount of work done in 20 days = 7 x 10 = 70 units Total time taken to complete the work = 2 x (70/7) + (2/4) = 20 + 0.5 = 20.5 days
Commercial coverage against losses resulting from the failure of business debtors to pay their obligation to the insured, usually due to insolvency is t...
What is the time limit set for the claim settlement process by IRDAI?
Which of the following is NOT a typical type of insurance claim?
The 'Insured's Declaration' form typically includes information about:
Which of the following is NOT a factor considered in a "burning cost" analysis?
As we know, the Government is paying much attention to “Micro Finance” these days. Which of the following is one of the examples of Micro Finance?
Consumer Protection Act deals with:
The General Insurance Corporation of India was incorporated as a company in which year?
Surf Excel, which is a 110+ year-old global brand, is a subsidiary of which company?
Which of the following institution was established in the year 1955, for the purpose of promoting Insurance Education & Training in the country?