Question
How are the assets of any insurer in India be kept as
per the Insurance Act, 1938?Solution
Section 31 Assets of insurer how to be kept  "(1) None of the assets in India of any insurer shall, except in so far as assets are required to be vested in trustees under sub-section (7) of section 27, be kept otherwise than in the name of a public officer approved by the Authority, or in the corporate name of the undertaking, if a company or an insurance co-operative society, as the case may be."
Statements: B > C = D > H ≥ A; B ≤ D = F ≤ E < G
Conclusions:
I. H < E
II. B ≤ E
...Statements: A = B > H ≥ C = F ≥ D > E > G
Conclusions:
I. H < G
II. B > E
III. D ≤ A
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is/are definitely true and th...
Statements: A > B; C > D; E ≥ A; F = C; C < B
Conclusions:
(i) B > D (ii) A > F (iii) F < E
...Which of the following symbols should be placed in the blank spaces respectively (in the same order from left to right) in order to complete the given e...
Statements:
A ≤ B < C > K; C < S > T; T < U < V
Conclusions:
I). Â A < S
II).  A ≥ S
...Statements: Q # N, N % S, S * U, U # M
Conclusions:
I. Q # S
II. Q * S
III. N % M
Statements: F ≥ G > H; I < J ≤ H; J > K
Conclusions:
I. F > J
II. K < G
III. H > K
In these questions, relationship between different elements is shown in the statements. These statements are followed by two conclusions.
Stat...
Statements:
J < O < K ≥ R > W; Y < B < P ≤ O
Conclusions:
I). W > B
II). Y < K
...
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