Multiple Choice
The minimum sum insured under Fire insurance is
A) Rs.1 crore
B) Rs.2 crore
C) Rs.3 crore
D) Rs.4 crore
Correct Answer:

Verified
Correct Answer:
Verified
Q12: In insurance the risk is<br>A)certain<br>B)uncertain<br>C)Both a and
Q13: The following are the types of life
Q14: When was Life Insurance sector nationalised?<br>A)1947<br>B)1951<br>C)1956<br>D)1959
Q15: An insurance which is concern with the
Q16: Insurance which provides cover for losses or
Q18: Freight insurance is under<br>A)Life insurance<br>B)Marine<br>C)Fire<br>D)Motor
Q19: Motor insurance provides insurance cover to<br>A)Private vehicles<br>B)Commercial
Q20: Life Insurance underwriting is mainly concerned with<br>A)Age<br>B)Health
Q21: _caters specifically to the transportation of goods
Q22: For regulation and development of the insurance