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    Question

    Premium income for the year is ₹240 crore, evenly

    earned. As at year-end, unexpired risk is 50% of premium. Calculate UPR to be carried forward.
    A ₹100 crore Correct Answer Incorrect Answer
    B ₹120 crore Correct Answer Incorrect Answer
    C ₹130 crore Correct Answer Incorrect Answer
    D ₹110 crore Correct Answer Incorrect Answer
    E ₹115 crore Correct Answer Incorrect Answer

    Solution

    • UPR = 50% × ₹240 crore = ₹120 crore.

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