n NISM Certifications
NSM General NISM
Medium

Into how many groups are the risks associated with an insured person categorized?

Practice question from IC 38 Mock Test 20 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    One group: standard risk

  2. B

    Two groups: high-risk and low-risk

  3. Three groups

    Correct answer

  4. D

    Varies by insurance company

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

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