Multiple Choice
When a banker collects cheques, dividend warrants, bills or other services on behalf of the customer, the banker the banker acts as an__________
A) Principal
B) Agent
C) Bailor
D) Bailee
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
Q20: _ was the first Indian Insurance Company<br>A)Bombay
Q21: Freight insurance is under<br>A)Life insurance<br>B)Marine insurance<br>C)Fire insurance<br>D)Other