Login / Signup

Question

What does the principle of subrogation allow the insurer to do?

A Cancel the policy after a claim

B Increase the premium for the next year

C Recover the claim amount from the third party responsible for the loss

D Share the loss with other insurers

E Deny the claim based on non-disclosure

Practice Next

More Previous year papers Questions

NexaTech Solutions began as a highly centralized firm where every decision required approval from the top-tier executives. The company followed a strict ch...
Which section under the Income Tax Act provides relief from double taxation for individual taxpayers?
Duration Gap Analysis is a crucial technique extensively utilized by banks to identify, measure, and mitigate their exposure to which of the following spec...
During a bank audit, the auditor detects a sudden increase in sanctioned loans in March without corresponding disbursements. What risk does this signal?
What is the purpose of the International Organization of Securities Commissions (IOSCO)?
The notional turnover on the recognized stock exchanges in IFSC increased to USD 2867 billion during FY 2021-22, showing a jump of what percentage from FY ...
The reporting requirement for banks to provide credit information to Central Repository of Information on Large Credits (CRILC) about their borrowers is ap...
According to the MSMED Act, the board constituted under Section 3 shall meet at least how many times in every three months?
Which of the following options correctly describes the type of costing that Batch costing is?
Under the Retail Direct Scheme, individuals can invest in which of the following securities?

Hey! Ask a query

ask-question