Question
What is the significance of "Section 64 VB" of the
Insurance Act 1963?Solution
The correct answer is B. It mandates that insurers must receive premiums before assuming any risk. Section 64VB of the Insurance Act 1963 states that no contract of insurance shall be valid unless the premium or the first installment of the premium has been paid.
3, 7, 16, 35, ?, 153
51     53     109     332     ?     6686
...A number series is given below, which follows a specific pattern. If 'A' represents the 'x'th term and 'B' represents ...
31Â Â Â 32Â Â Â Â 41Â Â Â Â 66Â Â Â 115Â Â Â Â ?
48Â Â Â 83Â Â Â 118Â Â Â 153Â Â Â 188Â Â Â ?
22Â Â Â Â Â Â Â Â Â Â 62Â Â Â Â Â Â Â Â Â Â 178Â Â Â Â Â Â Â Â 522Â Â Â Â Â Â Â Â 1550Â Â Â Â Â Â ?
...16, 8, 8, ?, 24, 60
3 12 48 192 768 ?
412, 537, 573, 916, 980, ?
12 Â Â Â 11 Â Â Â Â 21 Â Â Â Â 62 Â Â Â Â ? Â Â Â Â Â 1234
