Question
National Insurance Company reported a total premium
collection of ₹800 crore for FY2023. During the same period, the company paid out claims amounting to ₹640 crore. What is the claims ratio, and what does it imply about the company’s underwriting performance?Solution
Claims Ratio = Claims Paid / Premium = 640 / 800 = 80%. Ratios between 75-85% are generally considered efficient in general insurance underwriting.
(i) saponification
(a) triglycerides
(ii) milk fat
(b) alkali
(iii) ...
Moisture content in intermediate moisture food (IMF) is:
Recently a compound Sulforaphane has been discovered to offer protection against cancer. In which of the following can it be found?
Preservative used as anti-mold agent in bread
Most enzymes are active in pH range
a) 3.5-9.5
b) 4.5-8
c) 4-7
d) 3.5-6
Emission of ethylene during transportation of cut flowers causes a disorder called:
A process uses gases like CO2 at high pressure to extract food components known as
a) Solvent extraction
b) Supercritical...
Sustainable manufacturing is required for_________.
Which of the following does not characterize business activity?
In high-temperature short-time (HTST) pasteurization, milk is heated at:
