Question
Which of the following is true regarding the Insolvency
and Bankruptcy Code (IBC) and its impact on insurance companies in India?Solution
The Insolvency and Bankruptcy Code (IBC) is a comprehensive law that was enacted in India in 2016 to address the issue of insolvency and bankruptcy of companies and individuals. The IBC allows for the resolution of insolvent insurance companies through a process of liquidation or reorganization. The code applies to all companies, including insurance companies, and has a significant impact on the functioning of the insurance sector in India. Hence, option B is correct.
For A = [[2,3],[-1,4]], find det(2A).
A man spends 30% of his salary on rent, 25% on groceries, and the remaining on savings. If he saves ₹18,000, what is his total salary?
Determine the mean of the following observations:
24, 26, 22, 25, 20, 21, 24, 251153, 1206, ?, 1326, 1393, 1464
Solve the quadratic equations and determine the relation between x and y:
Equation 1: x² + 2x - 15 = 0
Equation 2: y² - 4y - 12 = 0
84 is divided into two parts in such a way that the fourth part of the first part and the fifth part of the second are in the ratio 1 : 2. The first par...
6 mangoes are bought for Rs 24 and 3 mangoes are sold for Rs 18. Find the percentage profit or loss.
In how many ways can 5 boys and 5 girls sit around a circle such that no two boys sit adjacent and no two girls sit adjacent?
A woman invested Rs. 75,000 at compound interest of 12% p.a. compounded annually for 1 year. If the interest had been compounded semi-annually, how much...
