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Insurance Regulatory and Development Authority of India (IRDAI), is a statutory body formed under an Act of Parliament, i.e., Insurance Regulatory and Development Authority Act, 1999 (IRDAI Act 1999) for overall supervision and development of the Insurance sector in India. Entities regulated by IRDAI: a. Life Insurance Companies - Both public and private sector Companies b. General Insurance Companies - Both public and private sector Companies. Among them, there are some standalone Health Insurance Companies which offer health Insurance policies. c. Re-Insurance Companies d. Agency Channel e. Intermediaries which include the following: •Corporate Agents •Brokers •Third Party Administrators •Surveyors and Loss Assessors.
A man purchased an article for Rs 2,000. He sold it to the first customer at a 10% loss, and the first customer then sold it to the second customer at a...
A shopkeeper buys 15 kg of sugar at ₹20 per kg. He mixes it with 5 kg of sugar purchased at ₹30 per kg. If he sells the mixture at ₹25 per kg, wha...
A traveller wants to earn
A and B started a partnership business investing in the ratio of 3 : 8. C joined them after 4 months with an amount equal to 3/4th of B. What was their...
A trader purchased two articles for a combined cost of ₹6400. He sold the first article at a profit of 30% and the second article at a loss of 20%. Th...
If a product originally priced at Rs 80 is on sale for 20% off, what is the sale price?
A shopkeeper priced an item at Rs. 640 above its original cost and then sold it at a 25% discount, resulting in a 35% profit. Calculate the cost price o...
A dishonest seller uses a weight of 900 gms instead of 1 kg and also sells his goods at 10% more than CP. Find his approx. profit percent.
A company produces two types of products, A and B. The production cost of A is Rs. 300 per unit, and the production cost of B is Rs. 450 per unit. The c...
