Q38: Which statement best explains Insurance? | UPSC EPFO APFC 2026
SEO MCQ Question Page

Which statement best explains Insurance?

Practice this MCQ with options, instant answer checking, explanation, exam-wise filters, next/previous navigation and shareable result image.

Question ID #27566

Which statement best explains Insurance?

Correct Answer: B. Risk-transfer arrangement under which an insurer provides financial protection in return for premium

Which statement best explains Insurance? - MCQ Explanation

This question is useful for exam preparation because it provides direct multiple-choice practice with options, answer checking and explanation.

Correct answer: B. Risk-transfer arrangement under which an insurer provides financial protection in return for premium

WhatsApp