Question
Which of the following principles of Insurance denotes
insurance of same subject matter with two different companies or with the same company under two different policies?Solution
Situation in which the same risk is insured by two overlapping but independent insurance policies. It is lawful to obtain double insurance, and the insured can make claim to both insurers in the event of a loss because both are liable under their respective polices. The insured, however, cannot profit (recover more than the loss suffered) from this arrangement because the insurers are law bound only to share the actual loss in the same proportion they share the total premium. Also called dual insurance
Which among the given operators should replace the “%” (in the same order) in the given expression below:
6 % 11 % 6 % 37 % 30 % 7
- Interchanging which two signs will make the following equation correct?
15 + 3 × 9 – 4 ÷ 16 = 57 Select the correct combination of mathematical signs to sequentially replace the * signs and balance the given equation.
[(345 + 255) ÷ 30 X 12 ...
Select the correct combination of mathematical signs that can sequentially replace the sign * and make the equation correct.
3 * 12 * 4 * 5 * 4 * 116
If ‘P’ means (÷), ‘Q’ means (×), ‘R’ means (+), and ‘S’ means (-), then what is the value of the expression:
44 S 96 P 12 R 11 ...
Which two signs should be interchanged to make the given equation correct?
11 – 22 + 30 × 25 ÷ 5 = 267
If the following interchanges are made in signs, then what would be the value of the following expression?
16 ÷ 64 X 20 - 16 + 18
Interch...
If A denotes ‘addition’, B denotes ‘multiplication’, C denotes ‘subtraction’, and D denotes ‘division’, then what will be the value of t...
Select the correct combination of mathematical signs that can sequentially replace the “@” sign and balance the following equation.
16@5@4@2@...
If '@' means ' X ', '$' means '-', '#' means '÷', and '%' means '+', then what is the value of the expression:
{5 @ (72 # 8) % (25 $ 10) }<...
