Insurance Awareness - Reinsurance
Government-mandated reinsurance pools in India are commonly established to cover which of the following risks?
Government-mandated reinsurance pools in India are commonly established to cover which of the following risks?
easy Q3 of 15
Step-by-Step Solution
Step 1: Recall government-mandated pools
Government mandates reinsurance pools for large-scale risks like crop insurance to help spread risk among insurers.Final Answer:
Crop insurance risks → Option BQuick Check:
Personal health, life, and motor insurance are generally handled by individual insurers, not through government-mandated reinsurance pools.
Quick Trick: Think of large-scale, government-priority risks for pools.
Common Mistakes:
MISTAKES- Confusing general insurance pools with individual health or motor insurance.
Master "Reinsurance" in Insurance Awareness
Start learning the concept with an interactive lesson.
Want More Practice?
15+ quiz questions · All difficulty levels · Free
Free Signup - Practice All QuestionsMore Insurance Awareness Quizzes