Question
India’s insurance regulator has set up a 15-member
committee for two years to give suggestions for increasing health insurance coverage in the country, who is the Chariman of this committee?Solution
The 15-member committee is headed by Rakesh Joshi, member at Insurance Regulatory and Development Authority of India (IRDAI), and it will have representatives from the healthcare and insurance industries. The committee has been asked by the regulator to identify challenges in carrying out health insurance business and make recommendations to facilitate ease. Among the terms of references, the committee has been asked to make recommendations regarding appropriate product designs, including a universal standard product that is basic and simple, keeping in mind the changing dynamics of healthcare. Learn Along: IRDAI Headquarters: Hyderabad Chairperson: Debasish Panda
‘A’ started a business with the investment of Rs. 19000. After ‘x’ months and after 6 months from starting ‘B’ and ‘C’, respectively, jo...
‘Anuj’ and ‘Bheem’ started a business with an investment of Rs. (m + 5000) and Rs. (3m – 2500) respectively. After eight months, ‘Bheem’ i...
A and B started a business by investing Rs.300 and Rs.400 respectively. After 6 months, A increased his investment by Rs.800. Find the ratio of annual p...
Kisan and Laxman started a business with the investment of Rs. 1600 and Rs. (y+200) respectively. After four months of the start of business, Mayur join...
Ashish started a business by investing Rs. 6300. Few months later; Ramesh joined him by investing Rs. 8000 such that at the end of the year, the profit ...
A and B invested Rs.3000 and Rs.5000 in a business respectively and after 5 months B withdrawn 50% of his initial investment and again after 5 months he...
The spending habits of A, B, and C follow a ratio of 3:2:4, while their savings follow a ratio of 3:1:2. The combined expenditure of all three individua...
Ravi invested Rs. Y and Kiran invested Rs. (Y + 12) for 24 months and 18 months respectively. Their profit ratio is 4:5. Find Kiran’s investment.
A and B together started a business by investing their capital in the ratio of 10:9, respectively and total amount invested by them together is Rs. 2850...
If the ratio of time periods of investment of A and B is 4:5, profit at the end of the year is Rs.150000 and A’s share in it is Rs.30000, then what is...
