The books maintained on the basis of magnitude of the business are

Related MCQs

• Risk is evaluated on the basis of ________ theory
• _____________ Policy issued on the basis of the number of persons assured.
• ________ are the basis of the contract between the proposer and insurer.
• The corpus fund is created with contributions from the Central Government and State Government on ________ basis
• All of the following are financial risks which may be faced by business organizations EXCEPT
• Which of the statements is correct? A. One of the methods of risk retention is by way of voluntary excess or deductible available under the policy. B. Another method of retention of risk is to absorb small losses as normal operating expenses of business.
• The business of insurance is related to protection of:
• The company doing insurance business is called:
• The business of insurance is related to protection of
• The general insurance business in India was nationalized in the year.