Question
A boy is running North to South and then turns left and
ran in a semicircle round his house, and then turns right. In which direction is the boy now running?Solution
What is the primary method to calculate the pure premium for a group of insured?
Insurance premiums are payable in advance but the insurance company does not fully earn them until the policy period expires is termed as?
_________ is the first and fundamental step towards becoming an IRDAI Agent/Insurance Advisor.
The 'Insured's Declaration' form is typically filled by:
What is a type of reinsurance in which the reinsurer can accept or reject any risk presented by an insurance company seeking reinsurance?
A policy that covers the loss of money in transit is:
 Which of the following government increase the foreign direct investment (FDI) limit in the insurance sector to 74% from 49%?
What is the purpose of risk management for an insured?
In case of a motor accident, the first step to be taken by the insured is to:
The premium of insurance of your two-wheeler depends on its IDV. What does IDV denotes?