Question
Which insurance company has become the second company to
enter into the surety bonds business?Solution
New India Assurance has become the second insurance company to enter into the surety bonds business after United India Insurance. The central government is pushing for surety bonds as an alternative to bank guarantees for government procurement.
A boat moves upstream at 18 km/hr. If it covers 270 km downstream in 5 hours, determine the speed of the current.
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