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.
Tanya throws a ball vertically upwards, which rise to a height of 60 m. Which of the following statements is NOT correct? [Take g = 10 ms–2
Which metal is the best conductor of electricity?
Eclipses occur due to which optical phenomena?
At the extreme end (maximum displacement) of a simple harmonic oscillation:
A concave lens always forms an image which is –
A potentiometer wire of length 1 m has a resistance of 5 Ω. It is connected to a 6 V battery in series with a resistance of 10 Ω. Determine the emf ...
Which of the following statement(s) is/are true?
I. During inhalation ribs move out
II. During exhalation ribs move in
A wire with green plastic covering is typically used as which type of wire?
Which of the following are the components of aqua – regia?
The term 'Carbon Credit‘ is associated with
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