Question
What is the objective with which the Insurance Advisory
Committee is established under section 25 of the IRDA Act?Solution
Section 25 Establishment of Insurance Advisory Committee- (4) The objects of the Insurance Advisory Committee shall be to advise the Authority on matters relating to the making of the regulations under section 26 .
A person invests Rs. 'a' at 35% simple interest per annum for 4 years, and another Rs. (a + 300) at 40% compound interest per ann...
The simple interest received after 5 years on Rs. (x + 500) at the rate of 20% p.a. is Rs. (2x – 1500). The amount received on Rs. 3x when investe...
Simple interest received at the rate of 15% p.a. for 2 years on a principal amount of Rs. 9000 is twice of the simple interest received at 10% p.a. for ...
What will be the compound interest earned on an investment of Rs. 20,000 over a period of 3 years at an annual interest rate of 12%, compounded yearly?
A took loan from a bank at the rate of 17%p.a. simple interest. After 5 years he had to pay Rs.6800 interest only for the period. The principal amount b...
Rs 2000 are invested at 5% p.a simple interest. If the interest is added to the principal after every 10 years, the amount will become Rs 4000 after
- Rs. 3,000 becomes Rs. 4,200 in 10 years at simple interest of r% p.a. If Rs. 6,000 is invested at 0.5r% p.a. for 6 years, what will be the interest amount?
A sum of ₹18,000 is divided into two parts. One part is invested at 8% simple interest per annum for 3 years, and the remaining part is invested at 10...
A sum of money, invested for 6 years on 5% per annum simple interest, amounted to ₹169 on maturity. What was the sun invested?
Simple interest received at the rate of 15% p.a. for 4 years on a principal amount of Rs. 8000 is twice of the simple interest received at 10% p.a. for ...
