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Explanation: Section 64VC Restrictions on opening of new place of business -No insurer shall, after the commencement of the Insurance (Amendment) Act, 1968, open a new place of business or close a place in India or outside India or change otherwise than within the same city, town or village, the location of an existing place of business situated in India or outside India, except in the manner as may be specified by the regulations
A sum of ₹4,360 was to be divided among A, B, C, and D in the ratio 3:4:5:8, but it was divided in the ratio 1/3:1/4:1/5:1/8. Was divided by mistake: ...
P, Q, and R invest a total of Rs. 80500. The ratio of their time investment is 60:45:75, and the profit-sharing ratio is 5:3:6. Find the approximate inv...
'Pawan' and 'Qureshi' invested 9,000 and 12,000 rupees, respectively, to establish their businesses. 6 months later, 'Pawan' invests 'b' more money, and...
‘A’, ‘B’ and ‘C’ started a business by investing Rs. 5,000, Rs. 6,000 and Rs. 4,000, respectively. After 6 months, ‘B’ decreased his inv...
Amit and Bishnu started a partnership by funding Rs. 8000 and Rs. 12000 individually. After four months, Amit take out Rs.2000 & Bishnu funded Rs.3000 m...
Three partners, X, Y, and Z, invest Rs 24,000, Rs 30,000, and Rs 36,000 respectively in a business. The total profit after one year is Rs 48,000. If par...
"Arun and Bharat started a business together with a combined investment of Rs. 3000. After the first year, Arun withdrew Rs. 400 ...
A and B started a business by investing Rs.450 and Rs.600 respectively. After 8 months, A increased his investment by Rs.850. Find the ratio of annual p...
'A' and 'B' started a business with an investment of Rs. 5,600 and Rs. 7,000, respectively. After 6 months, 'C' joined them with an investment of Rs. 8,...
