Fundamental risk is also termed as
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Unemployment, war, inflation, earthquakes etc., are the examples of
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Risks are not suited to treatment by insurance refers to
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The danger of loss from the unforeseen circumstances in future refers to
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________ involved those losses that occur even if there were no changes in the economic environment
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Committee of reforms in insurance sectors during 1993 headed by
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Which of the following is the similarity between insurance and gambling?.
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Main emphasis of risk management is on
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The principle of contribution applies when
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IRDA refers to_________
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When the same risk and subject matter is insured with more than one insurer is called as
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When the amount for which a subject matter is insured is more than its actual value is called
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