Question
Circumstance including possibility of loss or no loss
but no possibility of gain is termed as?Solution
Pure risk, also known as absolute risk, is a category of hazard in which the outcomes are a loss or no loss, and there is no opportunity for gain. ... There are products available to mitigate pure risk hazards, such as homeowners insurance, which helps protect homeowners against the destruction of their homes.
The IRDAI introduced new guidelines for which aspect of travel insurance in early 2025?
What is the name of the world's first large methanol-enabled container vessel unveiled by Maersk?
For snow-bound areas, what is the reference date for the Census 2027 enumeration?
What is India’s key focus area within the Sendai Framework for Disaster Risk Reduction, as highlighted by Principal Secretary P.K. Mishra?
India is going to allocate export quotas of non-basmati white rice.Which of the following is not one of the countries to be allocated these quotas?Â
Archbishop Desmond Tutu passed away. He belonged to ___________.
Who conferred the SCOPE Eminence Awards to Public Sector Enterprises in the reported event?
According to the data provided by RBI, which of the following recorded a 150 % jump in gross inflows from retail investors during 2021-22 (FY22)?
What was the purpose of Chief of Defence Staff Gen Anil Chauhan's official visit to France?
The National Stock Exchange (NSE) has launched 13 new commodity derivatives contracts, a move that will help investors efficiently manage their risk.How...
