Discuss the Risk-Management Technique, employed by an Individual, when He or She purchases the Insurance.
A) Risk-Avoidance
B) Risk-Retention
C) Risk-Transfer
D) Risk-Mitigation
Correct Answer:
Verified
Q3: What led to the Formulation of Insurance?
A)Hazard
B)Indemnity
C)Loss
D)Risk
Q4: Which One of the Following Methods of
Q5: When would You choose, to go for
Q6: Which One of the Following, is, the
Q7: Name the Public Sector Life Assurance Company,
Q9: Discuss the Difference between Insurance and Assurance.
A)Insurance:
Q10: Mr. Poddar has used Insulated Wiring in
Q11: Ms. Shaheen refuses to go on a
Q12: Mr. Suresh has purchased a Life Assurance
Q13: Ms. Smita has set-up a Reserve Fund,
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