A company has undertaken a fire insurance policy for ₹ 8 lakh. After two months due to fire it incurred a loss of ₹ 5 lakh. How much amount will the company get as conpensation ?
1 Answers
A massive fire due to short circuit gutted 50 odd shops in the congested area of SadarBazar in Delhi leading to loss of life and property. As a report
Word Limit: 150- 200 words Suggested value points: How the fire started How the fire spread Reaction of the crowd Number of people injured/got burnt Action taken-rescue operations-when and how...
2 Answers 84 views
i. The primary document of a company states the aims and objectives of a company. ii. The document establishes the company’s relationship
i. Memorandum of Association ii. Memorandum of Association iii. Memorandum of Association iv. Memorandum of Association v. Memorandum of Association
2 Answers 1 views
According to Company Rules 2014, a company will have to create Debenture Redemption Reserve atleast how much percentage of the face
Correct option is: (B) 25 %
2 Answers 1 views
i. meeting of the company which has less than 1000 members? ii. meeting of the company which has more than 5000 members?
i. The quorum for less than 1000 members is 5 members. ii. The quorum for more than 5000 members is 30 members. iii. The quorum for 2500 members is 15 members.
2 Answers 1 views
X and Y started a business with investments of ₹ 5000 and ₹ 8000 respectively. After 6 months, Y withdrew an amount of ₹ 2000 from his investment and
Correct Answer - ₹4487
2 Answers 1 views
In a life insurance contract, insurable interest must exist both at the time of making the contract and at the time of payment under the policy. True/
Correct Answer - False : In life insurance, insurable interest must be present only at the time of effecting th policy, but need not be necessary at the time when...
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Name the principle of insurance which states that it is the duty of the insured to take reasonable steps to minimise the loss or damage to the insured
Correct Answer - Principle of Mitigation.
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Ragini has insured her house for ₹ 5,00, 000 against the fire. There is a fire and Ragini suffers a loss of ₹ 1,00,000. How much amount she can recove
Correct Answer - `₹` 1,00,000
2 Answers 1 views
The Lunar months Chaitra Vaishakha are equal to these English months.
D) March – April
2 Answers 1 views
Population of Rajasthan = 570 lakhs and population of UP = 1660 lakhs. Area of Rajasthan = 3 lakh km2 and area of UP = 2 lakh km2. (i) How many people
Correct Answer - 12 कंप्यूटर
2 Answers 1 views