Question
A printing machine βPβ and a printing machine
βQβ can print a set of documents in 14 hours and 21 hours, respectively. If both machines work together, then how much time do they need to print 80% of the documents?Solution
ATQ, Let total number of documents be 42 {LCM of (14 and 21)} Efficiency of machine βPβ = (42/14) = 3 documents/hour Efficiency of machine βQβ = (42/21) = 2 documents/hour Required time = {(0.80 Γ 42) / (3 + 2)} = 6.7 hours
What is the term used to describe the process of transferring a portion of risk to another insurer?
How many part-time members is appointed by the Government of India in the Composition of IRDAI?
Third-Party Administrators (TPAs) are primarily involved in:
Which of the following institution was setup with the objective of promoting exports from the country by providing credit risk insurance and related ser...
The Public Sector Insurance companies in India include:Β
A policy that covers loss or damage to a householder's property is:
What is a quota share treaty?
What is a coverage that guarantees bondholders timely payment of interest and principal even if the issuer of the bonds defaults?
What is the purpose of a risk survey in underwriting?
Which of the following showcased a tableau for the first time in Republic Day Parade 2023?