Question
What is the purpose of classifying risks in
underwriting?Solution
The correct answer is C. To accurately price risks and determine appropriate coverage. Classifying risks allows insurers to group similar risks together, enabling them to more accurately assess and price them.
Which country is the first to implement the Men5CV vaccine recommended by WHO?
Indian Navy Participation Women20@g20 at which of the following city in 27 – 28 Feb 23?
Who topped Bloomberg’s list of the Top 10 Richest Families in Asia in 2025?
Which organization manages the Bharat Bill Payment System?
The Competition Commission of India (CCI) has approved the merger of Fincare Small Finance Bank with AU Small Finance Bank. As per the terms of scheme o...
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Which state government recently approved the 'CM Tourism Fellowship Programme,' aimed at selecting researchers to promote tourism and attract investment...
The President of which country is on an official visit to India from 6th December, 2021?
