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Time taken by 2 men to complete the work = (3 × 4)/2 = 6 days Time taken by 6 women to complete the work = (4 × 9)/6 = 6 days Therefore, required time = (6 × 6)/(6 + 6) = 36/12 = 3 days
Which of the following is NOT a conventional classification of general insurance under the Insurance Act, 1938?
Which of the following principles of Insurance enables the insured to claim the amount from the third party responsible for the loss?
Which type of insurance usually requires higher premium ?
Process of transferring life insurance to another person is called _____ of policy.
Identify the correct full form of GAAT?
What is a life insurance policy that remains in force for the policyholder’s lifetime?
Under which type of plans, an insurance that provides coverage at a fixed rate of payments for a limited period of time is called?
Third Party Liability Premium rates are laid down by _______.
What is the purpose of a declaration policy?
What is the primary purpose of a "burning cost" analysis?
