Question

A fire loss incurred but not reported by balance sheet date is classified as:

A Contingent liability
B IBNR claim
C Paid claim
D Salvage
E Subrogation
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)