Question
Akshay bought 25 notebooks for Rs.1260 from shop A and
13 notebooks for Rs.1210 from shop B. What is the average price he paid per book?Solution
Total money paid for 38 notebooks = Rs. (1260 + 1210) = Rs. 2470  ∴ Average price paid per notebook = Rs. (2470/38) = Rs.65
What is accumulation hazard?
The section of the policy that outlines what is NOT covered is called:
_______ in the insurance industry involves an applicant gaining insurance at a cost that is below their true level of risk.
The 'No Claim Bonus' is calculated based on:
_________ is the first and fundamental step towards becoming an IRDAI Agent/Insurance Advisor.
The General Insurance Corporation of India was incorporated as a company in which year?
A form of liability insurance providing coverage for negligent acts and omissions such as workers compensation, errors and omissions, fidelity, crime, ...
___________ is a type of life insurance policy designed to pay a lump sum on maturity or on death.
Percentage of each premium rupee that goes to insurers expenses including overhead, marketing and commissions is called ____.
A policy that covers damage to neon signs is: