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Let the required number = (LCM of denominator 5 and 8) = 40 According to the question, Wrong answer = 8/5 × 40 = 64 Correct answer = 5/8 × 40 = 25 Required percentage of error = (64-25)/25 × 100 = 156%
Insurance is, thus, a financial tool specially created to reduce the financial impact of unforeseen events and to create______.
Under the Sampoorna Gram Bima Yojana, what is the minimum number of households to be covered in one village?
The role of a risk engineer in the insurance process is to:
Which of the following is a public sector general insurance company in India?
The Indian insurance industry is governed by which of the following act ?
A person who makes an insurance claim is called?
The largest general insurance company in the world by revenue is:
The Employment State Insurance (ESI) Act of 1948 is applicable to all establishments having __________or more workers.
An excess is another word for:
Under which type of plans, the sum assured is paid at the end of the term as maturity or on the death of the insured during the term of the policy?