n NISM Certifications
NSM General NISM
Medium

In insurance, what is an "asset"?

Practice question from IC 38 Mock Test 18 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    A potential for loss or damage

  2. A tangible or intangible resource that has value

    Correct answer

  3. C

    A risk management technique

  4. D

    A financial liability

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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