Which principle means flow of resources from many to one?

A. Mutuality or pooling

B. Mutuality or cooperation

C. Pooling or funding

D. Resourcing or pooling

Answer: Option A

Solution(By Examveda Team)

Mutuality or pooling principle means flow of resources from many to one. Mutuality is the principle of private, commercial insurance; individuals enter the pool for sharing losses, and pay according to the best estimate of the risk they bring with them.