Practice Test | Kullabs.com
0%
  • Insurance is a way, which provides security to the man and his property against the ______.

    uncertainity
    risk
    insecurity
    all the options are correct
  • "Insurance can be defined as a contract made by the person paying a certain amount based on estimated life and he or his representative gets the amount after his death or expiry of a policy?period." Who gave this definition?

    G. R. Agrawala
    Shirley Taylor
    Prof. R. S. Sharma
    Insurance Business Act, 2042
  • "Insurance is a co-operating device to spread loss caused by a particular risk over a number of persons who are exposed to it who agree to insure themselves against that risk." Who gave this definition?

    Insurance Business Act, 2042
    Prof. R. S. Sharma
    R.K. Gupta
    B.M. Shrestha
  • The insurance business has become ______ part of the business.

    supplemental
    incidental
    fractional
    an integral
  • The people of the society exposed to a number of personal risks due to their ______.

    unemployment
    all the options are correct
    death
    accidental
  • You scored /5


    Take test again