Question
In the question below some statements are given
followed by three conclusions I, II and III. 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 conclusion definitely follows from the given statements, disregarding commonly known facts. Statements: All Ribbons are Threads. Some Threads are Balloons. No Balloon is Cake. Conclusions: I. Some Threads are not Cakes. II. Some Cakes are Ribbons. III. All Threads are Ribbons.Solution
Some Threads are Balloons (I) + No Balloon is Cake (E) β Some Threads are not Cakes (O). Hence conclusion I follows. All Ribbons are Threads (A) + Some Threads are Balloons (I) β No conclusion. Hence conclusion II does not follow. All Ribbons are Threads (A) β Conversion β Some Threads are Ribbons (I). Hence conclusion III does not follow.
What is the term used to describe the process of transferring a portion of risk to another insurer?
How many part-time members is appointed by the Government of India in the Composition of IRDAI?
Third-Party Administrators (TPAs) are primarily involved in:
Which of the following institution was setup with the objective of promoting exports from the country by providing credit risk insurance and related ser...
The Public Sector Insurance companies in India include:Β
A policy that covers loss or damage to a householder's property is:
What is a quota share treaty?
What is a coverage that guarantees bondholders timely payment of interest and principal even if the issuer of the bonds defaults?
What is the purpose of a risk survey in underwriting?
Which of the following showcased a tableau for the first time in Republic Day Parade 2023?