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 of the following can cause a Tsunami?
The human eyeball is composed of three layers. The correct sequence of the layers from exterior to interior is
What percentage of the project cost is provided under the TREAD scheme by the Ministry of MSME? Â
Which two countries share the longest International border?
Sonal Mansingh is famous for:
For how many days is the Hornbill festival held?
Shree Narayana Dharma Paripalana Yogam (SNDP), founded in 1903, to carry on the work of social reform was active in which of the following states?
Nagpur Plan classifies roads in India into how many categories?
Who is the current Chief Election Commissioner of India?
The National Botanical Research Institute is situated in which city?