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.
have to take the three given statements to be true even if they seem to be at variance from commonly known facts and then decide which of the given con...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
Statements:
cups + sets.
sets + fours.
fours - claws.
claws + traps.
Conclusions:
I. claws + sets.
II. ...
Statements:
Only a few opinion is judgement
All judgement is decision
No negotiation is judgement
Conclusions:
...Read the given statements and conclusions carefully. Assuming that the two statements are given followed by three conclusions numbered I, II and III. ...
- In the question below some statements are given followed by two conclusions I and II. You have to take the given statements to be true even if they seem to...
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if ...
In the given question, two conclusions are given and five statements as 1), 2), 3), 4) and 5). You need to choose the option that contains the set of s...
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tr...
Statements:
Some Mobile are Sim
All Mobile are Cable
No Cable is an Adapter
Only a few Cups are Adapter
Relevant for Exams:
