Multiple Choice
________ was the first Indian Insurance Company
A) Bombay Mutual Assurance Society Ltd.
B) Bombay Insurance Society Ltd.
C) Insurance Regulatory Development Authority
D) General Insurance Corporation
Correct Answer:
Verified
Correct Answer:
Verified
Q12: In the case of life insurance, the
Q13: Hull insurance is a type of<br>A)Motor insurance<br>B)Fire
Q14: Which of the following insurance contract is
Q15: Marine insurance may cover loss or damage
Q16: Which of the following risks are insurable?<br>A)Speculative<br>B)Economic<br>C)Sure
Q17: In case of life insurance, insurable interest
Q18: Crop insurance covers the risks of<br>A)Natural fire<br>B)Storm<br>C)Drought<br>D)All
Q19: The central office of LIC of India
Q21: Freight insurance is under<br>A)Life insurance<br>B)Marine insurance<br>C)Fire insurance<br>D)Other
Q22: When a banker collects cheques, dividend warrants,