Question
What is the unit digit of the sum of first 111 whole
numbers?Solution
Sum of first 11 whole numbers is 0+1+2...110 i.e n(n+1)/2 =110*111/2 =55*111 Therefore unit digit is 5
What is the primary method to calculate the pure premium for a group of insured?
What is the difference between a "condition" and a "warranty" in an insurance policy?
The Life Insurance Corporation of India (LIC) came into existence in which year?
What is the main role of an insurance underwriter?
The Complaint to Insurance Ombudsman must be registered within ____ year(s)
How many Insurance Ombudsman are functional in India?
Once an insurance company has paid up to the limit, it will pay no more during that year is known as ____________?
_________ is the first and fundamental step towards becoming an IRDAI Agent/Insurance Advisor.
A single insurance policy that combines several coverage previously sold separately is termed as?
Which of the following is NOT a duty of the insured in case of a loss?