McqMate
Q. |
Ms. Prajakta earns Rupees 2,40,000/-, Per Annum. She spends Rupees 1 Lakh, Per Annum, on Her-Self. The Market Rate-of-Interest is 7%. Calculate Ms. Prajakta's Life Assurance Amount, through the Human Life Value (H.L.V.) Method. |
A. | Rupees 15 Lakhs. |
B. | Rupees 20 Lakhs. |
C. | Rupees 10 Lakhs. |
D. | Rupees 24 Lakhs. |
Answer» B. Rupees 20 Lakhs. |
View all MCQs in
Insurance Exam (LIFE)No comments yet