Question
What is the primary characteristic of a "soft market" in
insurance?Solution
The correct answer is B. Low premiums and increased competition. In a soft market, intense competition among insurers leads to lower premiums and more relaxed underwriting standards.
An item is marked at Rs. 12,500. If it is sold for Rs. 8,500, Determine the % of discount given?
If Aman and Bhanu together earn Rs. ___ per month, and their incomes increase by 25% and 12.5% respectively, Bhanu's new income b...
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What will be the compound interest on a sum of Rs 22,000 after 3 years at the rate of 6 percent per annum?
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Determine the mean proportion of 72 and 50.
