A. The duty of full disclosure
B. The utmost good faith
C. The delivery of goods
D. All of above

A. Personal
B. Pecuniary
C. Liability
D. Motor

A. Risk reduction
B. Risk retention
C. Risk transfer
D. Bothe A and C
E. Both B and C

A. Actual Loss
B. Consequential Loss
C. Total loss
D. Partial loss

A. Insurance
B. Agriculture
C. Banking
D. All of above

A. Imperfection in Labor market
B. Seasonal Factors
C. Business Cycle Downsizing
D. All of the above

A. True
B. False

A. Acceptable Risk
B. Objective Risk
C. Subjective
D. Pure Risk

A. True
B. False

A. Danger
B. Hazards
C. Risk
D. Peril

A. Expected risk
B. Pure loss
C. Subjective risk
D. Objective risk

A. Moral hazard refers to character of the person who is approaching the insurancecompany for insurance
B. Physical hazard refers to the characteristics and qualities of the subject matter which is proposed to be insured.
C. Only A is correct
D. Only B is Correct
E. Both A and B are correct

A. Gambling and betting
B. Horse Racing
C. Trading of equity shares in stock market
D. Lottery
E. Robbery

A. Speculative Risk
B. Important Risk
C. Financial Risk
D. Dynamic Risk
E. Business Risk

A. Large
B. Multiple
C. Small
D. Single
E. Higher