Question
The ratio of the age of X after 4 years to the age of Y
after 6 years is 3:2. The sum of the ages of Y and Z after 10 years is 72 years. The age of Z before 4 years was half of what it will be after 16 years. Find the present age of X.Solution
ATQ, Z – 4 = 1/2 × (Z + 16) 2Z – 8 = Z + 16 Z = 24 Present age of Z = 24 years Y + 10 + Z + 10 = 72 Y + 10 + 24 + 10 = 72 Y = 72 – 44 = 28 years X + 4 = (3/2) × (28 + 6) X + 4 = (3/2) × 34 X = 51 – 4 = 47 years
Section 39 of Insurance Act related with which of the following ?
What is a form of non-proportional reinsurance?
The 'Insured Declared Value' (IDV) of a vehicle refers to its:
If you might want to discontinue the policy, and take whatever money is due to you. The amount the insurance company then pays is known as?
If an organization wishes to venture into Insurance Business it has to obtain a licence firstfrom which of the following ?
An extension of endowment plans is known as which policy?
Which is not a General Insurance company?
The first motor vehicle insurance policy was issued in the UK in:
What does IRDA mandate for surveyors handling losses above INR 20,000?
Coverage for property taken or destroyed by breaking and entering the insured’s premises, burglary or theft, forgery or counterfeiting, fraud, kidnap ...