Vidyalelo
Commerce · Q370

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 370

Q370

An instrument by which a pure risk is transferred by a party other than insurer is:

A.
Insurance
B.
Retention
C.
Non-Insurance Transfer
Answer
D.
Reinsurance

Answer: Option C

Solution

Answer: Option C
No explanation is given for this question Let's Discuss on Board