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In January 2020, which of the following has collaborated with Drone Federation of India (DFI) to create insurance products and services for the Drone Industry?

In January 2020, which of the following has collaborated with Drone Federation of India (DFI) to create insurance products and services for the Drone Industry? Correct Answer ​Tata AIG

  • Tata AIG and Drone Federation of India (DFI) have collaborated to create insurance products and services for the Drone Industry.
  • The association of DFI with Tata AIG will help create insurance solutions for the Drone Industry thus operationalizing a very important part of the Civil Aviation Requirements for RPAS as mandated by DGCA India.
  • The Drone Federation of India (DFI), a not-for-profit industry-led body that strives to build a safe and scalable unmanned aviation industry in India.

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Raw material purchased:
1st January, 600 units @ Rs. 12 per unit
12th January, 500 units @ Rs. 14 per unit
21st January, 300 units @ Rs. 13 per unit
Raw material issued for manufacture:
3rd January 300 units
5th January 124 units
15th January 250 units
16th January 300 units
Raw material returned to stores from manufacturing department on 14th January, 50 units. The material is issued on First-in-First out method.
The value of material remaining in store on 21st January will be:
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