Question
What is the role of reinsurance companies in the Indian
insurance market?Solution
Reinsurance companies play a crucial role in the Indian insurance market by providing insurance to insurance companies. The primary function of reinsurance is to insure the risks of insurance companies and protect them from catastrophic losses. Reinsurance companies work as risk-sharing partners with insurance companies and help them manage their risks more efficiently. In India, reinsurance is regulated by the Insurance Regulatory and Development Authority of India (IRDAI) and operates under the provisions of the Insurance Act, 1938. Hence, option B is correct.
Among six persons F, G, H, I, J, and K, who is second tallest?
I. F is shorter than only two persons and I is taller than only J.
II....
How is B related to F?
I.B is wife of C. D is wife of E. F is sister of G, who is daughter of E.
II. E is husband of D, who is daughter &n...
How is L related to A?
I. A is the son of N and the brother of T.
II. M is the daughter of L and the wife of N.
Among Q, R, S, T , U and V, who earns the highest salary?
I. T earns more than U but less than at least two persons, Q earns more than T but l...
In which direction is point B with respect to point C?
Statements:
I. F is to the east of C, which is to the east of E. D is to the nor...
How is ‘ready’ written in a code language?
I. In the code language ‘ready to go’ is written as ‘so lo do’ and ‘ready the way’ ...
There are seven letters M, N, E, I, A, C, H in a word. Is ‘MACHINE’ the word formed after performing the following operations using these se...
What is the age of Suhani ?
I. Suhani is twice as old as Riya
II. Riya is twice as old as Rani
If it is given that 1PS, 3TS and TQ2, is P greater than Q?
I. 1XY means X is not smaller than Y. XY1 means X is not greater than Y.
II. 2X...
What is Priya’s rank from top in a class?
I. In the class of 80 children, Priya is 56 from the bottom.
II. Priya is sixteen ranks below Shakti.
