Question
Find the mode of the data: 2, 2, 3, 5, 15, 15, 15, 20,
21, 23, 25, 15, 23, 25.Solution
2, 2, 3, 5, 15, 15, 15, 20, 21, 23, 25, 15, 23, 25 Now count the frequencies: 2 → 2 times 3 → 1 time 5 → 1 time 15 → 4 times 20 → 1 time 21 → 1 time 23 → 2 times 25 → 2 times Most frequent number: 15 (appears 4 times)
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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