Which of the following is a Contingency product?

A Bank deposits
B Real Estate
C Postal savings
D Insurance

Correct Answer: Insurance

Insurance is a Contingency product. The Contingency Insurance Industry is a specialized group of individuals that deal with insurance products that usually fall outside of the more easily recognized property, marine, casualty, and financial services departments of most companies.
Bissoy MCQ
#Commerce #Insurance

Related Questions

Which of the following is a contingency product
A Shares
B Bonds
C Life insurance
D Bank Deposits
Scheme-1: C6H5N2Cl→CuCNC6H5CN→H2o/H+C6H5COOH→∆Product-I Scheme-2: C6H5NO2→Fe/HCLC6H5NH2→N2NO3+HCL, 273KC6H5N2Cl→H2O/H+Product-II Scheme-3: CH3COOH→NH3CH3CONH2→NaOBrProduct-III উল্লিখিত Scheme সমূহে Product-I, Product-II এবং Product-III হলো যথাক্রমেঃ
A C6H5COONH4, C6H5Cl and CH3OH
B C6H5CONH2, C6H5NH2 and CH3OH
C C6H5CONH2, C6H5NH2 and CH3NH2
D C6H5CONH2, C6H5OH and CH3OH
Which among the following can be categorised under contingency products?
A Bank deposits
B Life insurance
C Shares
D Bonds
Identify which quotation section is incorrect. We made plans 'to meet' any contingency, 'which' we 'can possibly' 'foresee'.
A to meet
B which
C can possibly
D foresee
Contingency products typically address which type of need?
A Cash requirements
B Against uncertainties
C Wealth creation
D All of the above
Which is not a pension related contingency?
A Health
B Longevity
C Inflation
D Investment risk
The president can expend out of the Contingency Fund of India
A only with the approval of the Parliament
B without the approval of the Parliament
C only in the case of the national calamities
D None of the above
What is the basic contingency associated with pensions?
A Mortality
B Morbidity
C Post-retirement income security
D Disability
A manufacturer sells three products i.e. A, B and C. Product A cost 200 and sells for 250, Product B costs 150 and sells for 180, Product C costs 100 and sells for 110. On which product, he has maximum percentage of profit?
A B only
B A and B both
C A only
D C only
A manufacturer sells three products i.e A, B C. Product A costs 200 and sells for 250, product B costs 150 and sells for 180, Product C cost 100 and sells for 110. On which product, he has maximum percentage of profit?
A B only
B A and B both
C A only
D C only

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