Which of the following is the best description of what insurance is?
A. Insurance - Paying for other mistake
B. Insurance - Collective bearing of risk
C. Insurance - Paying for something with will never happen
D. All of the above
Answer: Option B
This Question Belongs to Commerce >> Banking And Financial Institutions
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The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
C. Whole of India, except the State of Jammu & Kashmir
D. None of the above
Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment
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