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Start learning 50% faster. Sign in nowThe Competitive Exclusion Principle, also known as Gause’s Law, states that when two species compete for the same resources within the same ecological niche, one will outcompete and eliminate the other over time. This happens because one species will have a slight advantage in resource utilization, survival, or reproduction, leading to the exclusion of the other species.
What is the primary characteristic of a "soft market" in insurance?
What is the purpose of "File and Use" regulations?
The first unit-linked insurance plan (ULIP) was launched by which of these countries?
What is the primary goal of risk management?
Failure to disclose material facts can make the policy:
In Insurance, CGL stands for?
The Institute of Insurance and Risk Management (IRM) was founded in which of the following year?
_______ is basically a trade in which imported goods are re-exported with or without any additional processing or repackaging.
One of the methods of reducing insurance cost of an insured is __________.
The 'Third-party liability' cover in a motor insurance policy protects the insured against:
