Multiple Choice
Virtual banking is also called
A) Internet Banking
B) Home banking
C) Mobile banking
D) None of these
Correct Answer:
Verified
Correct Answer:
Verified
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
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
Q12: Insurance compensate losses<br>A)By replacing the original asset<br>B)To
Q13: Insurance works on the principle of<br>A)Sharing<br>B)Probabilities<br>C)Large numbers<br>D)All