Insurance is a system of-

A Welcoming risk
B Avoiding risk
C Spreading risk
D Developing risk

Correct Answer: Spreading risk

Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. The amount of money charged by the insurer to the policyholder for the coverage set forth in the insurance policy is called the premium.
Bissoy MCQ
#সাধারণ জ্ঞান #Bima Corporation #Sadharan Bima Corporation - Asst. Manager - 18.07.2009

Related Questions

According to a survey of business firms in a certain city, 750 firms offer their employees health insurance , 640 offer dental insurance and 280 offer health insurance and dental insurance. How many firms offer their employees health insurance or dental
A 920
B 1,100
C 1,110
D 1,030
Which of the following is correct? Statement A. The system of insurance benefits individual, family and the society Statement B. Insurance companies could invest in speculative ventures.
A A is correct
B B is correct
C Both A & B
D None of the above
Private Insurance Companies started operating, in the Bangladesh Insurance market form-
A 1984
B 1985
C 1986
D 1987
--------- insurance is the oldest form of insurance that was introduced in the 12th/13th century in the northern part of Italy.
A Marine
B Fire
C Burglary
D Motor
At present approximately a total of private, public and foreign insurance companies are operating in the insurance sector of Bangladesh.
A 56
B 58
C 60
D 62
Private General insurance companies in Bangladesh must place 50% of their re-insurance business with which of the following companies?
A Jibon Bima Corporation
B ALICO
C Sadharon Bima Corporation
D Directorate of Insurance
Which of the following insurance products is offered by 'Bangladesh Insurance Academy'?
A Fire insurance
B Does not offer any insurance products
C Education insurance
D Research insurance
To allow insurance companies in private sector, 'The insurance corporatin Act 1973' was amended in the year-
A 1982
B 1983
C 1984
D 1985
Travel insurance is sometimes mistaken for "temporary" health insurance but the two are actually different.
A transitory
B passing
C mutable
D permanent
Whenever G employs only one detective, which of the following must be true? 1.R works for two insurance companies. 2. T works for G, 3. S works for two insurance companies
A 1 only
B 2 only
C 3 only
D 1 and 2 only

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