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.
Who was the first social reformer to view modern education as a vehicle for the spread of modern ideas in the country?
Which of the following is NOT a feature of the upcoming Paris Olympics 2024?Â
Consider the following statements:
1.The Eighth Schedule of the Indian Constitution lists 22 languages recognized as scheduled languages of India...
The total number of seats for uttarakhand in the Legislative Assembly of Undivided Uttar Pradesh was
Which of the following statements is correct about 2020 Bihar legislative Assembly election?
(A) National Democratic Alliance emerged as the w...
By what year does the National Geospatial Policy (NGP) 2022 aim to establish high-resolution topographical survey and mapping, along with a high-accurac...
What is a 'one hump camel' called?
The government of India has extended the Foreign Trade Policy from earlier September 30, 2021 to_____ now?Â
Which of the following activities is NOT included in the functions of the Bank for International Settlements (BIS)?
Consider the following functions of a Local Government in India.
1. Ensuring safe and continuous water supply
2. Providing electricity
...
