Get Started with ixamBee
Start learning 50% faster. Sign in now
The Insurance Regulatory and Development Authority of India (IRDAI) formed a taskforce that will review the existing bancassurance framework and improve the efficiency of the same amid complaints of mis-selling/forced selling of policies. In order to achieve this objective and considering the interest of the policyholder, IRDAI has set up a taskforce to examine the bancassurance framework. The committee will be headed by J Meena Kumari, Executive Director (Life) IRDAI, who will serve as the Chairperson of the taskforce. As per the terms of reference for the taskforce, it has to suggest regulatory stipulations on the market conduct requirements of bancassurance partners amid rising complaints of mis-selling or forced selling of policies from customers.
‘A’ invested Rs. 3600 for ‘x’ months while ‘B’ invested Rs. 600 less amount than ‘A’ for (x + 2) months....
A, B and C joined into a partnership with investment in the ratio of 6 : 7 : 9 respectively. Behind one year, B doubled his investment. At the end of ...
"Ankita" invested Rs. 4,000 to launch a business. After ten months, "Vicky" joined him and contributed Rs.6000, while "Ankita" added another Rs.1000 to ...
'E' and 'F' enter into a partnership by investing Rs. 6,000 and Rs. 'z', respectively. Ten months later, 'E' doubled his investment, while 'F' withdrew ...
‘A’ invested Rs. 4800 for ‘x’ months while ‘B’ invested Rs. 800 less amount than ‘A’ for (x + 3) months....
Pawan and Qureshi initiated a business with investments of Rs. 20,800 and Rs. 16,000, respectively. After 't' months, Rinku joined them with an investme...
In a business, A invested Rs. 1800 more than that by B. After 10 months, A left the business. If at the end of the year, profit earned by B is equal to ...
Amit, Binod, and Chandu jointly started a business with initial investments of Rs. 'x', Rs. 'x + 2000', and Rs. '4x', respectively. After eight months, ...
'Asmita,' 'Bikshu,' and 'Chetna' jointly invested Rs. 12000, Rs. 20000, and Rs. 15000 in a construction business. After 8 months, 'Asmita' withdrew Rs. ...
A, B and C invest in a business, A invests twice as compared to B and C invests 90% more than A's investment, if all invest for same time duration, then...
