Start learning 50% faster. Sign in now
Get Started with ixamBee
Start learning 50% faster. Sign in nowATQ,
Let incomes be Rs. 6x and Rs. 5x.
Savings of Tanu = 6x × 0.2 = Rs. 1.2x
Expenditure of Tanu = 6x - 1.2x = Rs. 4.8x
Expenditure of Manu = 4.8x × 0.9 = Rs. 4.32x
Savings of Manu = 5x - 4.32x = Rs. 0.68x
ATQ,
(1.2x - 0.68x) = 9,000
⇒ 0.52x = 9,000
⇒ x = 17,308
Income of Manu = 5x = Rs. 86,540
The Indian insurance industry is governed by which of the following act ?
Which of the following is a public sector general insurance company in India?
What is an extension of endowment plans?
Which type of insurance policy provides additional coverage to easily movable property ?
What is the purpose of "reinsurance treaties"?
How many insurance companies were merged to form the Life Insurance Corporation of India?
Which among these is not a type of General Insurance plans?
I. Motor Insurance
II. Marine Insurance
III. Health Insurance
The Public Sector Insurance companies in India include:
A policy that covers the loss of stock due to refrigeration failure is:
Erection All Risks (EAR) Policy is also known as: