Q. What is the foundation principle of insurance?

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Q. How do insurance companies collect and use premiums?

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Q. What role does insurance play in terms of investment and entrepreneurship?

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Q. Why do many banks and financial institutions insist on property insurance?

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Q. What do general insurers do before accepting large complicated risks?

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Q. How does insurance contribute to a country's economy?

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Q. What is the role of social security schemes in relation to insurance?

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Q. Which act provides for the payment of expenses related to sickness, disablement, maternity, and death for industrial employees and their families in India?

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Q. How do insurers contribute to social security in India?

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Q. Which of the following is a government-sponsored social security scheme in India?

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Q. What is the ultimate objective of insurance covers offered on a commercial basis by the insurance industry?

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Q. Which of the following insurance schemes are sponsored by the Government of India?

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Q. What is the primary purpose of insurance?

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Q. Where did commercial insurance business, as practiced today, begin?

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Q. What are the essential components of an insurance arrangement?

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Q. What is it called when persons with similar assets and risks contribute to a common pool of funds?

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