Question

What is the main purpose of the principle of utmost good faith in insurance?

A To ensure the insurer provides accurate information
B To ensure the insured provides accurate information
C To ensure both parties provide accurate information
D To ensure the insurer makes a profit
Practice Next

Relevant for Exams:

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)