Question
The average mark obtained by 120 candidates in a certain
examination is 40. If the average marks of passed candidates are 45 and that of the failed candidates is 20, then what is the number of candidates who passed in the examination?Solution
According to question, => 45 × x + 20 × (120 − x) = 120 × 40 => 45x + 2400 – 20x = 4800 => x = 96
Which of the term is the used when a policy has lapsed due to non-payment of premium?
What is the main role of an insurance underwriter?
What is the Fee paid to an agent or insurance salesperson as a percentage of the policy premium?
Risks that affect simultaneously a great number of policyholders is called?
A written form attached to an insurance policy that alters the policy’s coverage, terms, or conditions is termed as?
Which of the following company is not a foreign insurance company?
If the total premium is Rs. 50,000 and the Limit of Liability is Rs. 20,000,000; what is the rate on line?
A policy that covers the loss of baggage during travel is:
In India, insurance has a deep-rooted history. It finds mention in the writings of?
Who determines the third-party insurance premium of the two-wheelers?
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