Insurance and Risk Management Online MCQ Set 4

QN01. The premium implies ______________ Consideration by Service Consideration by cash Consideration by Kind Speculative Cash Answer(B)Consideration by cash QN02. A risk manager should report to ______________ Managing Director Company Secretary Supervisor General Manager Answer(C)Supervisor QN03. The Risk Evaluation breaks into two parts.They are ______________ The cause of loss and its affects The probability of…

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