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When two or more alternative proposals are such that the acceptance of one proposal automatically rules out the possibility of accepting another proposal, then such decisions are known as mutually exclusive decisions. In other words, these proposals are competing with each other and only one can be accepted. For example, if a company is considering investing in either Project A or Project B, and it can only choose one project, then the decision is mutually exclusive.
In which year New India Assurance Co Ltd nationalized?
Life Insurance Corporation of India provides its policy holders the facility to deposit premium at which of the following intervals?
A policy that covers damage to neon signs is:
What is the minimum group size in Micro Insurance Schemes?
In respect of Life insurance and individual Health insurance policies, a free look cancellation period of ____days has been provided to provide sufficie...
A professional liability coverage for physicians, lawyers, and other specialists against suits alleging negligence or errors and omissions that have har...
Commercial coverage against losses resulting from the failure of business debtors to pay their obligation to the insured, usually due to insolvency is t...
A term policy that can be converted to permanent coverage rather than expiring on a specific date is called _________.
The maximum foreign direct investment (FDI) allowed in Indian insurance companies is:
2000 factories require a Sum Insured of Rs.10 crores each. Statistically, we know that 2 factories get destroyed by fire each year. However, we do not ...
