Question
Under the insurance Act every insurer and re-insurer is
required to maintain at all times an excess of value of assets over the amount of liabilities of, __________as stated under section 6 and arrived at in the manner specified by the regulationsSolution
Section 64VA. Sufficiency of assets--(1) Every insurer and re-insurer shall at all times maintain an excess of value of assets over the amount of liabilities of, not less than fifty per cent. of the amount of minimum capital as stated under section 6 and arrived at in the manner specified by the regulations.
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 t...
Statements: F @ R, R $ J, V % J, V # Z
Conclusions: I. F * V       II. R * V                              �...
In the question, assuming the given statements to be true, find which of the following conclusion(s) among the two conclusions is/are true and then giv...
Statements: R ≥ J > V= A > S ≤ P > G < H
Conclusions: I. R > PÂ Â Â II. H < J
Answer the questions based on the information given below.
A & B means A is greater than B
A * B means A is not greater than B
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 ...
In the question, relationship between some elements is shown in the statements. These statements are followed by three conclusions. Read the statement...
Statements: Â P > Q > R > S > T < U < V < W < X
Conclusion:
I. Â P > T
II. Â U < X
...Statements: J @ K, K $ L, L & M, M % N
Conclusions: I. K @ MÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â II. N & J
...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 t...