Question
Statements: Only cars are motorcycles. No
motorcycle is a bike. Some bikes are scooters. All scooters are jeeps. Conclusions: I. Some scooters are not motorcycles. II. No bike is a motorcycle. In each of the questions below are given four statements followed by two conclusions numbered I and II . You have to take the given statements to be true even if they seem to be at variance with commonly known facts. Read all the conclusions and then decide which of given conclusions logically follows from the given statements disregarding commonly known facts.Solution
No motorcycle is a bike (E) + Some bikes are scooters (I) = Some scooters are not motorcycles (O). Hence, Conclusion I will follow. No motorcycle is a bike (E) ⇒ Conversion ⇒ No bike a motorcycle (E).Hence, Conclusion II will follow.
Insurance that pays claims arising out of incidents that occur during the policy term, even if they are filed many years later is known as?
Underwriting process involves:
An Insurance company has been in business for how many years to launch IPO ?
Which of the following is the benefit accrued to an insured for not making any claims during the previous policy period?
Once an insurance company has paid up to the limit, it will pay no more during that year is known as ____________?
Losses other than property damage that occur as a result of physical loss to a business for example, the cost of maintaining key employees to help reorg...
What are the documents to be kept in the vehicle while driving in public places?
Who is responsible for investigating and settling claims?
Which of the following situation occurs when one party in a negotiation has relevant information the other party lacks.
What does the preamble of an insurance policy NOT typically include?
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