General insurance business in India is transacted by Life Insurance Corporation of India.
A) true
B) false
C) may be true
D) may be false
Correct Answer:
Verified
Q10: Due to the inclusion of average clause
Q11: The Insurance Company cannot prevent the happening
Q12: Insurance is a financial service for collecting
Q13: A marine insurance policy is taken to
Q14: The amount paid by insured to insurer
Q16: A memorandum trading account is to be
Q17: A policy of fire insurance is intended
Q18: Gross profit must always be calculated as
Q19: Average clause is applicable in case of
Q20: A fire policy covers loss of or
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents