Question
Which life insurance company has announced that the
overseas branch of its international subsidiary will now offer US Dollar denominated life and health insurance solutions for Non-Resident Indians (NRIs) from GIFT City – IFSC?Solution
 HDFC Life – the insurance arm of HDFC Bank has announced that the overseas branch of its international subsidiary HDFC International Life and Re, will now offer US Dollar denominated life and health insurance solutions for Non-Resident Indians (NRIs) from GIFT City – IFSC, under the brand name HDFC Life International.    HDFC Life International will cater to NRIs and the global Indian diaspora, and the products Savings, Health, and Retirement.  The first product –US Dollar Global Education Plan, is now open for enrollment and is designed to help parents build a US Dollar denominated corpus to meet future expenses for their child’s overseas education. This product aims to eliminate any future mismatch between the currency of investment and the currency of expenses. The asset management arm, HDFC AMC also announced the set-up of its wholly owned subsidiary HDFC AMC International (IFSC) Limited at IFSC
A salesman is allowed 32% commission on the total sales by him and a bonus of 3% on the sales over Rs. 15000. If the total earnings of a salesman is Rs....
Marked price, selling price and cost price of an article are in the ratio 12:8:5. If difference between marked price and cost price of an article is Rs....
A school bag is sold for Rs.630 after giving two successive discounts of 20% and 30%. If school bag is marked up by Rs.600 above its cost price, then fi...
The marked price of the washing machine is 10% above its cost price. The seller offers two successive discounts of 5% and 10%, respectively. If he incur...
A trader marks a product 50% above its cost price and gives a discount of 20% on the marked price. If the selling price of 4 such products is Rs. 3840, ...
P purchased a book from registered store and gets 13% discount while Q purchased the same book from a roadside stall and got 16% discount. If Q paid Rs....
A purchased an article for Rs 1300. She sold the article at 12% profit. She then added Rs 400 to the amount received and purchased a purse such that the...
The cost price of two articles is same. One article is sold at 12.5% profit and another at 20% loss. If the selling price of one article is Rs. 390 more...
- A seller marked an article 60% above its cost price and sold it after allowing 25% discount. If he made a profit of Rs. 45, then find the difference betwee...
On selling an article for ₹. 123.40, the gain is 20% more than the amount of loss incurred on selling it for Rs.108. If the article is sold for ₹.12...
Relevant for Exams:
