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Which of the following is not a function of Insurance? - Commercial Studies

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Question

Which of the following is not a function of Insurance?

Options

  • Risk sharing

  • Assist in Capital Formation

  • Lending of Funds

  • None of the above

MCQ

Solution

Lending of Funds

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Chapter 13: Logistics and Insurance - EXERCISES [Page 233]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 13 Logistics and Insurance
EXERCISES | Q 22 | Page 233
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