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Explanation: Raw materials often occur in sizes that are too large to be used and, therefore, they must be reduced in size. This size-reduction operation can be divided into two major categories depending on whether the material is a solid or a liquid. If it is solid, the operations are called grinding and cutting, if it is liquid, emulsification or atomization. All depend on the reaction to shearing forces within solids and liquids.
An environment where insurance is plentiful and sold at a lower cost, also known as a Buyer’s market is called?
What is the role of an actuary in the insurance industry?
A person named in a life insurance contract to receive the benefits of the policy if other named beneficiaries are not living is referred as ________.
The Private equity investors shall not hold more than _________ percent of the paid up equity share capital of the Indian insurance company.
In case of a motor accident, the first step to be taken by the insured is to:
A policy that covers the loss of stock due to refrigeration failure is:
What is the purpose of a "warranty" in an insurance policy?
Which of the following is NOT a common type of insurance policy?
Which part of the policy includes details such as policy duration and limits of liability?
What is the difference between a "condition" and a "warranty" in an insurance policy?