Question
Circumstance including possibility of loss or no loss
but no possibility of gain is termed as?Solution
Pure risk, also known as absolute risk, is a category of hazard in which the outcomes are a loss or no loss, and there is no opportunity for gain. ... There are products available to mitigate pure risk hazards, such as homeowners insurance, which helps protect homeowners against the destruction of their homes.
Which of the following is NOT correctly matched?
Who among the following is Not part of Parliament of India?
From where was Mission Shakti, an anti-satellite missile test was conducted?
The Reserve Bank of India (RBI) has increased the threshold for bulk fixed deposits for Scheduled Commercial Banks and Small Finance Banks to ₹3 crore...
Where was the first 'Open Rock Museum' inaugurated by the Union Minister of State for Science & Technology and Earth Sciences, on January 6, 2021?
What is the main purpose of the Indus PayWear introduced by IndusInd Bank?
Which of the following states is home to the only mine in the country involved in industrial-scale mining of diamonds?
The Reserve Bank of India had constituted a Task Force on Development of Secondary Market for Corporate Loans under the Chairmanship of __________.
The Majuli masks, recently awarded a GI tag, belong to which Indian state?
Where was the 14th edition of the All India Police Commando Competition held?
