Question
A box contains only three colors of balls- red, green
and blue. What is the minimum number of balls that should be picked from the box to ensure that at least 5 red balls or at least 6 green balls or at least 8 blue balls are picked?Solution
If we pick at least 4 red balls, 5 green balls and 7 blue balls from the box, the total number of balls picked from the box will be 16. If one more ball is picked from the box, irrespective of what it is, it can be said that at least 5 red balls or at least 6 green balls or at least 8 blue balls have been picked from the basket. Hence, required number of balls = 16 + 1 = 17
A type of insurance often used for high frequency low severity risks where risk is not transferred to an insurance company but retained and accounted f...
The 'Own Damage' cover in a motor insurance policy protects the insured against:
In Insurance, CGL stands for?
Which of the following is a public sector general insurance company in India?Â
A coverage that protects businesses engaged in electronic commerce from losses caused by hackers is termed as?
A missing person is considered to be dead after how many years of missing ?
Insurance that indemnifies the owner of real estate in the event that his or her clear ownership of property is challenged by the discovery of faults i...
_________ is the first and fundamental step towards becoming an IRDAI Agent/Insurance Advisor.
What does the term "insured" refer to in insurance?Â
Which of the following is an example of Broad Form Insurance?
