Question
X acquired a car on hire purchase basis and made a down
payment of Rs. 1,00,000. Subsequent payments to be made are Rs. 2,63,000, Rs. 1,85,000, and Rs. 1,14,000 at the end of 1st year, 2nd year, and 3rd year respectively. Interest is charged @ 14% per annum. Calculate cash price.Solution
The correct answer is D
Which type of insurance usually requires higher premium ?
The Insurance Act was first introduced in India in:
Which of the following terms is NOT associated with insurance?
A policy that covers the cost of repairing or replacing damaged boilers and pressure vessels is:
A 'Roadside Assistance' cover in a motor insurance policy provides:
What is an extension of endowment plans?
____________ is the ratio of the number of life insurance policy that lapsed within a given period to the number of policy in Force at the beginning of...
The insurance companies collect a fixed amount from its customers at a fixed interval of time. What is it called?
The coinsurance is specified by which of the following term?
The contractual term for the premium in an insurance contract is known as:
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