Question
What is the median of the following list of numbers: 5,
3, 6, 9, 11, 19,12,20, and 1?Solution
5, 3, 6, 9, 11, 19, and 1 In order- 1,3,5,6,9,11,12,19,20 n =9 Median= (9+1)/2 term = (7+1)/2=5th term. 5th term in the series=9
Which of the following person is basically the representative of the customer and can sell the policies of more than one insurer?
__________ in insurance is the splitting or spreading of risk among multiple parties.
The “Malhotra Committee” was established to:
The contractual term for the premium in an insurance contract is known as:
Which of the following is NOT a duty of the insured in case of a loss?
In relation to insurance sector, what is the full form of FPR?
What is NOT a common express condition in an insurance policy?
What is the Fee paid to an agent or insurance salesperson as a percentage of the policy premium?
What is a form of non-proportional reinsurance?
The section of the policy that outlines what is NOT covered is called:
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