Question
A started a business with an investment of Rs.30000.
After few months B joined him with an investment of Rs.42000. If at the end of the year, they share the profit in the ratio of (A:B) 7:10, then find after how much time B joined the business?Solution
Let B invested for āmā months. According to the question, => (30000 x 12)/(42000 x m) = 10/7 => m = 6 months So, the required time = 12 ā 6 = 6 months
Mortality Charge is the amount charged _____________ by the insurer
What do you mean by money back policy in insurance?
A 'Roadside Assistance' cover in a motor insurance policy provides:
Which feature is not allowed in the Indian insurance market?
Section 39 of Insurance Act related with which of the following ?
Intangible assets cover non-physical assets that cover ________________.
The Insurance Regulatory and Development Authority (IRDAI) was formed on the recommendation of which committee?
A retrocessionaire is:
The āMalhotra Committeeā was established to:Ā
Which among the following is not a characteristic of ethical behaviour?Ā
