What is the principle of indemnity in insurance?
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.
Which Country’s Supreme Court clears the way to decriminalize homosexuality in May 2023?
When a number is increased by 50% then the number obtained is 75 less than thrice the original number. Find the original number.
Which one of the following is not a correct description of the Namami Gange Programme ?
Which financial statement would show the amount of cash a company has on hand at the end of the year?
Consider the following statements regarding the Nuclear Power Programme of India :
1. Pressurized heavy water reactors have been set up at Kai...
Which one of the following statements about Trial Balance is correct?
A shopkeeper sold an article after giving a discount of 20% and made a profit of Rs. 70. Find the marked price of the article if cost price of the artic...
The maturity period of the Mahila Samman Savings Certificate account is 2 years and a partial withdrawal facility is provided under is _______.
The mean, median and modal marks of 150 students were found to be 50, 51 and 53 respectively. Later on it was discovered that a score of 64 was misread ...
In an office, the ratio of the number of males to number of females is 11:8. If 4 males joined the class and 6 females left the class, then the ratio of...
