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 is not the right reason for fluctuation in prices?
The first step of plant breeding is
The law that determines best use of limited resources among alternative use is known as
2,4-Dichlorophenoxyacetic acid in low concentration is used as a hormone but in high concentration it is used as ____.
What does LP stand for in the context of milk preservation?
Bread wheat is:
Which was the first metal used by man?
Ufra disease in rice is caused by ___
Among the various countries that import Indian guar gum, which country holds the distinction of being the largest importer?
A wheat crop grown on two hectare area produced 10 ton grain and required 5 irrigations of 6 cm each, find out its field water use efficiency