………… means indemnity or protection against risk of loss by spreading the risk over a number of a person, who are exposed to it and who is agree to insure themselves against risk.

Related MCQs

• Financial services offered financing risk project e.g. Risk capital scheme of I F C I venture capital fund of I D F I etc. to provide ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐.
• Forfeiter determines ………..risk & risk.
• The number of lead merchant bankers may not exceeds in case any issue of , issue size less than Rs.50crore,number of MBs ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐.
• The instrument which provides proprietary interest in company and which entitles a person to dividend on profits, is called?
• ...............bonds are high risk and high yield bonds developed in USA
• …………….banker is any person who is engaged in the business of issue of management either by making arrangement regarding selling, buying, securities to manager.
• The basic ideamovement is that poor people should come together and develop banking habits within small means.
• In ----------leasing, the risk of obsolescence is assumed by the lessee
• In ............... lease, leasing company assumes risk of obsolescence.
• Exchange risk in case of foreign currency Non Resident (Banks) scheme (FCNR) Is borne by_________.