Question
What is the unique feature of LIC's 'Amritbaal' plan for
children?Solution
• The Life Insurance Corporation of India (LIC) announced the launch of a non-participating product – ‘Amritbaal’. • The product, designed for children, will be available from February 17, 2024. It is a Non-Linked, Non-Participating, Individual, Savings, Life Insurance Plan. • The plan is designed to meet the higher education and other needs of the child. • It facilitates the accumulation of a corpus through Guaranteed additions at the rate of Rs 80 per thousand basic sum assured at the end of each policy year from the inception till the end of the Policy term, provided the policy is in force. • The Minimum Sum Assured is Rs. 2,00,000, with no limit for the Maximum Basic Sum Assured. Learn Along: About LIC • The Parliament of India passed the Life Insurance Corporation Act on the 19th of June 1956, and the Life Insurance Corporation of India was created on 1st September, 1956, with the objective of spreading life insurance much more widely and in particular to the rural areas with a view to reach all insurable persons in the country, providing them adequate financial cover at a reasonable cost. • Chairperson : Siddhartha Mohanty Headquarters: Mumbai
Statement: L ≥ I ≥ K = J ≥ T ≥ V
Conclusions:
I. V < L
II. L ≥ T
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is /are definitely true and t...
Statement: J ≥ K ≥ L = M ≤ N = O
Conclusions:
I. J > N
II. L ≤ ORead the given statement and conclusions carefully. Decide which of the given conclusions is/are true based on the statement.
Statement:
U...
Statements: P ≥ Q > R, S ≤ R, T = W ≥ R
Conclusions:
I. T ≥ S
II. Q < W
Statements: B ≥ C > D; B < E > J; G > A ≥ H > J
Conclusion:
I. D ≤ A
II. G > C
Which of the following symbols should replace (1) and (2) respectively in the given expression in order to make the expression N > P definitely true?
Statement:
R ≤ P >K ≤ L; W ≤ X = K > O; Q > L
Conclusion:
I) W < L
II) L = W
Statements: M @ C, C $ X,X # J, J * N Conclusions :
I. N % X
II. J % M
...Statements: D < E = F > G < H < I < J; K > H = N < P < O
Conclusions:
I. O > G
II. N = K
III. F < J
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