Multiple Choice
The term „Risk? includes:
A) Damage to machinery and property
B) Impact on the health or life of a person
C) Leakage of toxic products into the atmosphere
D) all the above
Correct Answer:
Verified
Correct Answer:
Verified
Q2: _ means the transfer of all the
Q3: _is the oldest form of insurance<br>A)Motor insurance<br>B)Marine
Q4: A human being<br>A)Is an economic asset<br>B)Is an
Q5: _ is a contract between two insures
Q6: Insurance is meant to<br>A)Prevent specified events<br>B)Prevent damage
Q7: Freight insurance is under<br>A)life insurance<br>B)marine insurance<br>C)fire insurance<br>D)other
Q8: Virtual banking is also called<br>A)Internet Banking<br>B)Home banking<br>C)Mobile
Q9: Insurance is necessary because<br>A)Assets depreciate over time
Q10: The IRDA stands for<br>A)Insurance Regulatory and Development
Q11: Risk may be:<br>A)objective<br>B)subjective<br>C)Both (a) and (b)<br>D)None of