Question
What is the minimum amount of unexpired risk reserve
mandated by the Executive Committee of the General Insurance Council for Other Insurance?Solution
For Other Insurance, as per the Executive Committee of the General Insurance Council, the minimum amount of unexpired risk reserve that needs to be retained is 50% of the premium. This implies that insurance companies must keep aside half of the premium they receive for other types of insurance policies to ensure they have sufficient funds to meet future claims and obligations.
Select the option that is related to third cluster in the same way first cluster is related to second cluster.
TURN : 219 :: MAINS: ?
- Select the option that is related to fifth letter - cluster in the same way as the second - letter cluster is related to the first letter - cluster and the...
Bee : Hum :: ?
Statement: X < U = F > R ≥ P < T < W
Conclusions: I. X < T
II. R > W
Select the option that is related to the third term in the same way as the second term is related to the first term, and the sixth term is related to th...
If 12 # 34 = 14 and 67 # 88 = 106, then 45 # 67 = ?
If PET = 16520 and PETER = 16520518, then PREHEAT =
Select the option that is related to the third number in the same way as the second number is related to the first number.
55 : 86 :: 37 : ?
In the following question, select the odd number pair from the given alternatives.
If 21 @ 16 = 12 and 30 @ 25 = 12, then 22 @ 17 = ?'. What will come in place of question mark?
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