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."
16 rotten bananas are accidentally mixed with 155 good ones. It is not possible to just look at a banana and tell whether or not it is rotten. One banan...
10 rotten bananas are accidentally mixed with 140 good ones. It is not possible to just look at a banana and tell whether or not it is rotten. One banan...
What will be the probability of choosing one red and one green ball from a basket containing 4 red and 5 green balls if two balls are drawn randomly?
Three houses are available in a locality. Three persons apply for the houses. Each applies for one house without consulting others. The probabili...
John is answering a survey with 3 questions, each with 2 options. Only one option is correct per question. If John answers randomly, what is the probabi...
What is the probability that a number selected from 1,2,3.......................68,69,70, is perfect square or a perfect cube?
A box contains 8 yellow marbles, ‘x’ blue marbles and 12 white marbles. A box contains 5 yellow marbles, 2 blue marbles and 3 white marbles. The pro...
A box contains 5 red, 6 green and 3 yellow balls. 2 balls are drawn at random. What is the probability that they are not of the same colour?
The probability of selecting a rotten egg randomly from a basket of 250 eggs is 0.2. What is the number of rotten eggs in the basket?
A bag contains 13 white and some black balls. If the probability of drawing a black ball from the bag is 3 times that of drawing a white ball, find the ...
Relevant for Exams:
