Question
An insurer has outstanding claims at the start of the
year ₹50 lakh. During the year, claims paid total ₹3 crore. At year-end, the estimated outstanding claims are ₹70 lakh. Calculate the claims incurred for the year.Solution
• Claims incurred = Claims paid + Closing outstanding – Opening outstanding = 3,00,00,000 + 70,00,000 – 50,00,000 = ₹3.20 crore.
A phenomenon in which the fruits are produced without fertilisation is called
The hydraulic brakes used in automobiles is a direct application of :
Which of the following is/are not Green House Gases?
1. Nitrous oxide
2. Ozone
3. Sulphur dioxide
Select t...
Clostridium bacteria is responsible for spoilage of
Which of the following not belong to Post harvest handling of seed crop?
Which insect has one pair of wings?
National Centre for Organic and Natural farming is located at ____
The first KVK of India was started at which place?
Which of the following class of compounds shows H-bonding even more than in alcohols?
Which of the following is a valid form of guarantee given by food business operator under Food safety and Standards Act?