Multiple Choice
…………….. is planned retention by which the part or full of the exposure arising a risk factor is retained by the firm
A) Reinsurance
B) Self insurance
C) Risk financing
D) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Risk which can be measured using numerical
Q3: Insurance is a risk management technique involving…<br>A)Risk
Q4: …………. Refers to a situation where outcome
Q5: IRDA Act passed in the year…………..<br>A)1972<br>B)1999<br>C)1989<br>D)2000
Q6: Speculative risk is a situation in which……………………
Q7: A policy for protecting a group of
Q8: ………… another name of fundamental risk<br>A)Systematic risk<br>B)Interest
Q9: Annual maintenance contract for computers is …………<br>A)Risk
Q10: Changes is technology is a example for
Q11: Which of the following is a method