Question
The IRDAI (Insurance Regulatory and Development
Authority of India) was formed based on the recommendations of which committee?Solution
The Malhotra Committee (1993) laid the groundwork for liberalizing India’s insurance sector, leading to the formation of IRDAI in 1999.
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Aman bought two guitars, ‘P’ and ‘Q’, with cost prices in the ratio 7:9, and sold them at a loss of 10% and a profit of 30%, respectively. If th...
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A vendor has 2700 kg of tea. He sells a portion at 30% profit and the remaining at 20% profit. The overall profit made is 25%. Find the amount (in kg) o...
A person named 'X' purchased a mobile phone and a headphone. He sells the mobile phone at a 20% profit and the headphone at a 10%...
