Question
What is the maximum amount that can be awarded by
Insurance Ombudsman, in case of a grievance?Solution
Insurance Ombudsman can pass an award within 3 months of receiving all the requirements from the complainant and which will be binding on the insurance company. The  award can be of any compensation up to the loss suffered  by the complainant as a direct consequence of the cause of action and not exceeding Rs.30 lakhs  (including relevant expenses, if any).
An employee in a financial organization receives an email claiming to be from the company CEO, asking them to urgently transfer funds to a specific acco...
Which of the following data visualization tools is specifically designed for creating interactive dashboards for business analytics?
Which of the following strategies helps reduce sampling bias?
Which of the following statements about the mean, median, and mode is true when applied to a dataset with a skewed distribution?
Which of the following best represents the role of data wrangling in the data analysis process?
Which of the following is a key distinction between Big Data and Traditional Data in the context of data analysis?
...Deadlock prevention in operating systems can be achieved by ensuring which of the following conditions does NOT hold?
Why is sampling crucial in data analysis, especially when handling large datasets?
In hypothesis testing, what does a p-value less than 0.05 typically indicate?
In defining KPIs for a marketing campaign, what is the most critical aspect a data analyst should ensure?
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