Question
Statement: Of the 478 storm water drains identified for
clean-up before monsoon in the city, only 167 have been taken up, and work on these is still under way. Assumption I: There is a shortage of manpower owing to which the authorities are not able to take up the task of cleaning of all the storm water drains. Assumption II: The authority has taken up clean-up of only those storm water drains which are in areas susceptible to water logging. 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
Because of inadequate data none of the assumptions is implicit.
Specific questionnaires in insurance proposal forms are common for:Â
Why do insurers arrange for survey and inspection of the property before acceptance of a risk?Â
The coinsurance is specified by which of the following term?
The Vallarpadam Terminal, which is a container trans-shipment facility, was launched in February 2011. It is a part of which among the following ports?
Consider the following statement:
I. NCB is given to the insured and not to the insured vehicle.
II. On transfer of the vehicle, the ...
A policy that covers the cost of repairing or replacing damaged plant and machinery during construction or erection is:
Which of the below option best describes the process of insurance?Â
In which year, the Actuaries Act was passed by Indian government?
Which of the following is NOT a factor considered by insurers while determining premium rates for motor insurance?
Selling insurance through groups is called?
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