Question
A type of insurance often used for high frequency low
severity risks where risk is not transferred to an insurance company but retained and accounted for internally is known as?Solution
Self-insure is a risk management technique in which a company or individual sets aside a pool of money to be used to remedy an unexpected loss. Theoretically, one can self-insure against any type of loss. In practice, however, most people choose to purchase insurance against potentially large, infrequent losses.
Read the given statements, labelled Assertion (A) and Reason (R), and select the most appropriate option with respect to them.
Statement :
...The Government of India celebrates ________ every year as Civil Services Day' for the civil servants to rededicate themselves to the cause of citizens a...
What is the minimum and maximum tenure for a Certificate of Deposit (CD)?
Which sector of the Indian economy was the second largest recipient of Foreign Direct Investment in India during
2019-20?
Under Union Budget 2019, the government plans to form 10,000 Farmer Producer Organisations (FPOs) in the next __ years
The acceleration of an object is said to be _______ when an object travels in a straight line and its velocity increases or decreases by equal amount i...
The following sportspersons have created a record in their sports in 2022. Match the sportsperson (list I) with their sport (list II).
Which of the following errors is not detected by Trial Balance?
The 7th schedule of the Indian Constitution falls under which article?
What is the maximum amount of flexible limit is provided (as Flexi KCC) based on the land holding?
