Question
It is a situation in which one party gets involved in a
risky situation where the party knows that it is protected through insurance and the other party will incur the loss?Solution
Moral hazard is a situation in which one party gets involved in a risky event knowing that it is protected against the risk and the other party will incur the cost. It refers to behavioral changes that might occur and increase the risk of loss when a person knows that insurance will provide coverage.Â
Select the set in which the numbers are related in the same way as are the numbers of the following set.
(NOTE : Operations should be performed o...
Select the letter cluster that will replace the question mark (?) in the following series.
VCN, YAQ, BYT, EWW, HUZ, ?
6 : 222:: 7 : ?
If 60 [15] 3 and 108 [63] 7, then what is the value of A in 156 [A] 16?
Select the option that is related to the third word in the same way as the second word is related to the first word.
(The words must be considered...- Select the option that follows the same pattern.
1924 : 1935 :: 4536 : ? :: 7284 : 8395 Select the option in which the numbers are not related in the same way as are the number of the following set.
(54, 23, 26) Â
By interchanging the given two signs which of the following equation will be not correct?
+ and –
GTSN : 7201914 :: UNEP : ?
Select the option in which the words share the same relationship as shared by the pair of words below.
Gullible : Naive