Question
Under the Insurance Act what is the obligation of
insurers in relation to reinsurance with Indian re-insurers?Solution
Section 101A. Re-insurance with Indian re-insurers--(1) Every insurer shall re-insure with Indian re-insurers such percentage of the sum assured on each policy as may be specified by the Authority with the previous approval of the Central Government] under sub-section (2).Â
Two statements are given followed by three conclusions numbered I, II and III.Assuming the statements to be true, even if they seem to be at variance w...
Select the option that is related to third letter-cluster in the same way as the second letter-cluster is related to the first letter-cluster.
EX...
Statements:
No slim is weak
All weak is lean
Some lean is fat
Mostly lean is big
Conclusions:
I. No big is sli...
Statements:
Some banks are lockers.
Some lockers are stores.
Some stores are panels.
Conclusions:
I. No bank i...
Statements:
Only a few Products are Price.
Only Prices are Place.
No Price is Promotion.
Conclusion
I) Some Pro...
Statements:
All tomatoes are potato.
Some tomatoes are carrot.
Only a few carrots are garlic.
No garlic is brinjal...
In the question below some statements are given followed by two conclusions I and II. You have to take the given statements to be true even if they see...
Statements:
No subject is predicate.
All predicate is vowel.
Only a few vowel is preposition.
Conclusions:
I. No vowe...
Conclusions:Â
I. Some refill may be pen.Â
II. All pen being glitter is a Possibility.
. Statements:
Some ovens are microwaves.
Only a few microwaves are toasters
No oven is a grinder
Conclusions:
I. All ...
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