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.
In June 2022, the Supreme Court directed that every protected forest, national park and wildlife sanctuary across the country should have a mandatory e...
What theme was decided to celebrate the second ‘International Day of Yoga’ in India?
The phenomenon of electromagnetic induction is:
When was the first match of ICC Cricket World Cup 2019 played ?
Who was the revenue minister of Akbar?
Ebony and Mahogany trees are found in which type of forests?
Where is the Salar Jung Museum located?
Which part of the soil contains humus?
Which Space agency has fitted the Laser Retroreflector Array (LRA) on the Vikram lander of Chandrayaan 3, positioned near the Manzinus crater in the moo...
During the British rule in India, which of the following Governor Generals devised the ‘Doctrine of Lapse’, a policy of annexation?
