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  2. Topic
    Information Technology
  3. Study Set
    Banking and Insurance
  4. Exam
    Exam 6: Understanding Insurance and Its Components
  5. Question
    Risk Is Evaluated on the Basis of …………………………………….Theory
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Risk Is Evaluated on the Basis of …………………………………….Theory

Question 1

Question 1

Multiple Choice

Risk is evaluated on the basis of …………………………………….theory


A) Variability
B) Contingency
C) Probability
D) All

Correct Answer:

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Related Questions

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Q3: _ insurance is a not a contract

Q4: ……………………………….is the party who gets his life

Q5: Which of the following insurance contract is

Q6: Insurance provides security against ………………………….<br>A)Risk<br>B)Losses<br>C)Both (a) and

Q7: The document which lays down the terms

Q8: ……………………….in a social device for eliminating or

Q9: LIC was formed in ………………………….<br>A)1952<br>B)1956<br>C)1957<br>D)1962

Q10: Human life is the subject matter of

Q11: The subject matter of insurance is _<br>A)Risk<br>B)Return<br>C)Income<br>D)Profit

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