Que. 1 : Risk transfer through risk pooling is called ____
   1.  Savings
   2.  Investments
   3.  Risk mitigation
   4.  Insurance
Que. 2 : Which of the below statement is correct regarding household insurance ?
   1.  A Comprehensive policy that tends to offer coverage to most perils ; May be purchased as a less expensive alternative to a named peril policy
   2.  A named peril policy may be purchased as a less expensive alternative to a comprehensive coverage policy that tends to offer coverage to most perils
   3.  A named peril policy and A Comprehensive policy comes at same price
   4.  All of the above
Que. 3 : Origins of modern insurance business can be traced to __
   1.  Botta mry
   2.  Rhodes
   3.  Lloyds
   4.  Malhotra Committee
Que. 4 : Which of the below insurance scheme is run by an insurer and not sponsored by the Government ?
   1.  Jan Arogya
   2.  Employees State Insurance Corporation
   3.  Crop Insurance Scheme
   4.  All of the above
Que. 5 : Which among the following is the regulator for the insurance industry in India ?
   1.  Insurance Authority of India
   2.  Life Insurance Corporation of India
   3.  Insurance Regulatory and Development Authority
   4.  General Insurance Corporation of India

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