Question
What is the term for insurance that covers a defined
group of people, such as the members of a society, professional association, or the employees of a particular employer?Solution
An insurance that covers a defined group of people, for example the members of a society or professional association, or the employees of a particular employer is termed as Group Insurance.
If the PV ratio us 80% and MOS is 20000. Calculate FC if SP per unit is 5 and Contribution is 40000.
ABC analysis is mainly used for:
In the proposed budget (2017-2018), MAT credit to be carried forward to:
Unearned premium reserve (UPR) at year-end requires time-apportionment for annual policies. For a policy written on 1 Nov with annual premium ₹24,000,...
Which of the following is not a cash equivalent?
Within how many days a person should apply for registration?
Which Section of the Indian Partnership Act, 1932, defines 'Partnership at will'?
Material costing Rs. 700 in the erection of the machinery and the wages paid for it amounting to Rs. 400 should be debited to:
Under the PM Vishwakarma Scheme, collateral-free credit can be provided up to ____________ in the first tranche to artisans and craftspeople identified ...
As per Negotiable Instruments Act, 1881, Negotiable Instruments means:
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