Question

How does insurance contribute to a country's economy?

a.

It increases the level of speculation in the economy

b.

It discourages foreign investment

c.

It earns foreign exchange for the country

d.

It limits the development of new fields

Answer: (c).It earns foreign exchange for the country Explanation:Insurance earns foreign exchange for the country.

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

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