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      Question

      In relation to insurance sector, what is the full form

      of FPR?
      A Free Premium Receipt Correct Answer Incorrect Answer
      B First Premium Receipt Correct Answer Incorrect Answer
      C First Pay Receipt Correct Answer Incorrect Answer
      D First Premium Report Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      After receiving the payment, the insurance company issues the First Premium Receipt, which acknowledges the proposal of the life-assured. It is known as FPR.┬а

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