Banking and Insurance MCQs and Notes
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Q 21. Which of the following risks are insurable?
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Q 22. The principle of utmost good faith is important to ensure
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Q 23. The principle of utmost good faith is meant to protect the interest of
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Q 24. Virtual banking is also called
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Q 25. The IRDA stands for
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Q 26. ________ means the transfer of all the rights and remedies available to the insured in respect of the subject matter to the insurer after indemnity has been effected.
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Q 27. The term „Risk‟ includes:
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Q 28. Insurance principle does not include
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Q 29. Freight insurance is under
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Q 30. The spreading of losses incurred by the few over the entire group is called
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