Top 150+ Solved Risk Management and Insurance MCQ Questions Answer
Q. One who shares the risk under an insurance policy or policies is known as __________.
a. Assurer.
b. Insurer.
c. Co-insurer.
d. Agent.
Q. Individuals define risk as____________.
a. deviation from some expected return.
b. a cost of investing.
c. a quantitative measure.
d. “losing money.”
Q. Committee of reforms in insurance sectors during 1993 headed by ________.
a. R.N. Malhotr
b. S. Narashiman.
c. Manmohan Singh.
d. P.Chidambaram.