Question
Insurance is primarily a method of:
Solution
Explanation: The correct answer is B. Pooling and sharing losses among a group. Insurance works by collecting premiums from a large pool of insured individuals and using these funds to compensate those who suffer covered losses.
Which writ is issued by a court in cases of illegal detention?
In which session did the Indian National Congress adopt 'Purna Swaraj' as its goal?
Consider the following statements in the context of NITI Aayog:
1. It is an extra-constitutional body.
2. It provides both directional and...
The Government of India Act 1935 was enacted following which event?
Which one of the following is not a circumstance for proclamation of Emergency by the President of India under Article 352 of the Constitution of India ?
Which article of the Indian Constitution mandates the formation of the Finance Commission?
The maximum seats in the Lok Sabha are 552. However, there are a total of 545 members. If only 300 members are present at the time of voting, then a con...
Consider the following statements:
1. Chairpersons of the National Human Rights Commission (NHRC) and State Human Rights Commission (SHRC) are ap...
A Governor gives its resignation to whom?
Which of the following states have been the former union territories?
1. Himachal Pradesh
2. Manipur
3. Haryana
4. Tripura
