Question
What is the principle of indemnity in
insurance?ÂSolution
The insurer should compensate the insured for the actual financial loss suffered due to an unforeseen event or peril Explanation: The principle of indemnity requires the insurer to compensate the insured for the actual financial loss suffered due to an unforeseen event or peril, up to the amount of the sum insured.
Statements: J = S ≤ A = Y > X, W ≥ J > O = B
Conclusion:
I. W ≥ S
II. S > B
III. B < A
Which one is used to protect computers from viruses?
A fridge was sold for Rs. 22,680 at a profit of 10%. If it had been sold for Rs. 21,900 instead, what would have been the profit or loss percentage?
If the first and second letter of each word are interchanged and words arranged in alphabetical order from left to right then which of the following is ...
What will come in the place of question mark to make F is mother of H, in expression C # D $ E @ F & G ? H?
Statements : P > Q < R = U ≤ V = S ≤ W ≥ X > I
Conclusions :
I. Q ≥ V
II. R ≤ W
Select the option in which the pair of letter clusters is related in the same way as the pair of letter clusters given below.
RWG: UDD
- Riya spent 40% of her income on groceries and 50% of the remaining on entertainment. If she saves Rs. 1800 after these expenses, what is the amount spent o...
How many seats are there around the table?
Following is the step III for an input. What will be the second step for the input?
Step III: 45 47 342 121 55 211 414
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