Question
If someone pays their gas bill before the due date, they
receive a 20% discount. However, a person got only 17% discount and ended up paying Rs. 18 more. What is the total bill amount?Solution
ATQ,
Let the amount of the bill = Rs. x
According to the question,
x × 20% - x × 17% = 18
x × 3% = 18
x = Rs. 600
Insurance is primarily a method of:
Identify the scenario where a debate on the need for insurance is not required.Â
What is NOT a common express condition in an insurance policy?
What does the preamble of an insurance policy NOT typically include?
The 'Third-Party Liability' cover in a motor insurance policy is mandatory in India as per the:
An extension of endowment plans is known as which policy?
Which of the following is one who offers claims services on behalf of the insurer?
The Insurance Regulatory and Development Authority (IRDA) was established in:Â
Which section of the Indian Insurance Act 1938 provides for nomination of a person?
A retrocessionaire is:
