Total wage of 25 labourers in the initial group = 25 × 470 = Rs. 11750 New average wage of the group = 470 + 46 = Rs. 516 New number of labourers in the group = 25 – 4 + 2 = 23 So, according to the question, 11750 – 4 × 350 + 2K = 516 × 23 Or, 11750 – 1400 + 2K = 11868 Or, 10350 + 2K = 11868 Or, 2K = 11868 – 10350 = 1518 Or, K = (1518/2) = 759
Identify the scenario where a debate on the need for insurance is not required.
Insurance Repository is a company formed and registered under which act?
Under Pradhan Mantri Jeevan Jyoti Bima Yojana, the life coverage available until the age of ______.
Name the first life insurance company to function in India?
What is a coverage that guarantees bondholders timely payment of interest and principal even if the issuer of the bonds defaults?
Which principle specifies an insured should not collect more than the actual cash value of a loss?
A term policy that can be converted to permanent coverage rather than expiring on a specific date is called?
What are the assumptions about rates of investment earnings, mortality, turnover and distribution or actual ages at which employees are likely to retire?
Which of the following is not one of the stages in product life cycle?
This broad type of coverage was developed for shipments that do not involve ocean transport is known as?