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Some rods are curtains(I) + All curtains are long(A) ⇒ Some rods are long(I) + All long are windows(A) ⇒ Some rods are windows(I) ⇒ Conversion ⇒ Some windows are rods(I). Hence conclusion I follows. Some doors are rods(I) + Some rods are curtains(I) ⇒ No conclusion. Hence conclusion II does not follow. Some rods are curtains(I) + All curtains are long(A) ⇒ Some rods are long(I) ⇒ Conversion ⇒ Some long are rods(I). Hence conclusion III follows. All curtains are long(I) + All long are windows(A) ⇒ All curtains are windows(A) ⇒ Conversion ⇒ Some windows are curtains(I). Hence conclusion IV follows.
What is the primary function of a reinsurer?
Percentage of each premium rupee that goes to insurers expenses including overhead, marketing and commissions is called ____.
Which of the following is NOT a factor considered by insurers while determining premium rates for motor insurance?
What is the purpose of "mitigation of loss"?
A person named in a life insurance contract to receive the benefits of the policy if other named beneficiaries are not living is referred as ________.
Which of the following is NOT a conventional classification of general insurance under the Insurance Act, 1938?
The role of a risk engineer in the insurance process is to:
Agriculture Insurance Company of India Limited was incorporated with an authorised share capital of INR ______ billion.
Which of the following institution was setup with the objective of promoting exports from the country by providing credit risk insurance and related ser...
What is a life insurance policy that remains in force for the policyholder’s lifetime?