Freight Insurance Is Under

Q2: _ means the transfer of all the

Q3: _is the oldest form of insurance<br>A)Motor insurance<br>B)Marine

Q4: A human being<br>A)Is an economic asset<br>B)Is an

Q5: _ is a contract between two insures

Q6: Insurance is meant to<br>A)Prevent specified events<br>B)Prevent damage

Q8: Virtual banking is also called<br>A)Internet Banking<br>B)Home banking<br>C)Mobile

Q9: Insurance is necessary because<br>A)Assets depreciate over time

Q10: The IRDA stands for<br>A)Insurance Regulatory and Development

Q11: Risk may be:<br>A)objective<br>B)subjective<br>C)Both (a) and (b)<br>D)None of

Q12: Insurance compensate losses<br>A)By replacing the original asset<br>B)To