Question

How do insurers contribute to social security in India?

a.

By offering commercial insurance covers that have no relation to social security

b.

By providing insurance for government-sponsored schemes

c.

By not participating in social security schemes

d.

By competing with government schemes

Answer: (b).By providing insurance for government-sponsored schemes Explanation:Insurers play an important role in social security schemes sponsored by the Government by providing insurance for various government schemes.

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

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