Question
Statement: Automobile majors began the new fiscal on a
strong note, posting high double-digit growth in their domestic passenger vehicle sales. I . The companies with new launches did particularly well. II. The production capacity has been increased by the automobile manufacturers. In each question below a statement is given followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement.Solution
Statement says that the new fiscal year was begun by big Automobile companies with posting of high growth in domestic vehicle sale. Nothing has been said about the new launches in the statement, so I is not implicit . Also, nothing has been said in the statement about the increase or decrease in the production capacity. Thus, II also isn’t implicit.
In India, insurance has a deep-rooted history. It finds mention in the writings of?
The primary purpose of a motor insurance policy is to:
The process of amending a policy during its term is known as:
What is the difference between a "condition" and a "warranty" in an insurance policy?
when a company has declared that there will be a dividend in the future but has not yet paid it out, it is known as?
A motor insurance policy can be cancelled by:
When we look at claims’ trends, we look at a number of factors. Some of these are listed below. Which factor is not to be considered from this list?
Which term referring to property coverage for the perils of burglary, theft and robbery?
The Motor Vehicles Act, 1988 requires what document as proof of insurance?
The first motor vehicle insurance policy was issued in the UK in: