Question
Statements : All SBI is RBI. Only a few
RBI is UCO. Only a few UCO is UGB. No UGB is IDBI. Conclusions : I. Some UCO not being UGB is a possibility. II. Some SBI is UCO. III. Some RBI being IDBI is a possibility. In each of the questions below is given some statements followed by some conclusions. 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 the given conclusions logically follows from the given statements disregarding commonly known facts.Solution
I. Some UCO not being UGB is a possibility that will not follow as some UCO are not UGB is already a definite conclusion. And we know that the possibility case of any conclusion that is definite does not follow. Hence conclusion I does not follow. II. Some SBI is UCO is not a definite conclusion. Hence conclusion II does not follow. III. Some RBI being IDBI is a possibilit y, There is no definite connection between RBI and IDBI so possible cases will follow, Hence conclusion III follows.
Which of the following is the benefit accrued to an insured for not making any claims during the previous policy period?
The primary categories of insurance business in India are:
A person who makes an insurance claim is called?
Any insurance risk resulting from a human decision is called?
A term policy that can be converted to permanent coverage rather than expiring on a specific date is called _________.
Which of the following is NOT a common type of insurance policy?
The 'Third-party liability' cover in a motor insurance policy protects the insured against:
A comprehensive motor insurance policy covers:
Failure to disclose material facts can make the policy:
Consider the following statement:
I. NCB is given to the insured and not to the insured vehicle.
II. On transfer of the vehicle, the ...
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