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.
Direction: Identify the sentence in which the given phrasal verb is used CORRECTLY.
Bring up
A. The viral video of the skateboarder's in...
The express train unexpectedly called out the station near my office, so I was early today.
I. It is the most efficient method ever.
II. It is still highly inefficient, and this inefficiency inspires hope.
(a) Despite
One who studies words and languages
Direction: Identify the sentence in which the given phrasal verb is used CORRECTLY.
Bring About
A. The old computer can't bring about th...
Choose the correct word that can replace the given phrase.
a person who is excessively devoted to a particular religion or belief
Find the appropriate Phrasal verb.
The old man ________ without any trouble last night.
They all contributed to get Ajay a birthday present.
Directions: Sentences are given below with phrasal verbs highlighted in bold that may be grammatically or contextually wrong. Find the correct answer f...
That cannot be taken away