Question
What is the primary purpose of a "burning cost"
analysis?Solution
The correct answer is C. To estimate future claims costs based on past experience. Burning cost analysis examines past claims data to project future claim costs, helping insurers to more accurately price their products.
A says— "Z is an honest man; he never stole B's watch"; intending to cause it to be believed that Z did steal B's watch. This is an example of which o...
According to Section 178 of the Companies Act, what is the composition requirement for the Nomination and Remuneration Committee of a listed public com...
Under Section 79 of the Information Technology Act, 2005, intermediaries enjoy "safe harbour" protection provided they:
Which of the following is a correct implication of the Kesavananda Bharati judgment for Ninth Schedule placements?
A Supreme Court Judge cannot be removed from his office withoutÂ
The Principal Bench of the Tribunal shall be at New Delhi which shall be presided over by the ________________
As laid down under the Contract Act what is the effect of refusal of party to perform promise wholly?
Under Section 32(3) of the Bharatiya Sakshya Adhiniyam, 2023, in a property dispute case, a written letter from Mr. X (now deceased) to his brother stat...
Under Section 21(2) of the DICGC Act, 1961, when Bank W's liquidation concludes, the Official Liquidator recovers ₹50 crores from the bank's assets. O...
Sedition means_______________
