n NISM Certifications
NSM General NISM
Medium

The pure rate of premium is primarily determined by _________.

Practice question from IC 38 Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Future loss experience

  2. Statistical data of past losses

    Correct answer

  3. C

    Market trends

  4. D

    Customer preferences

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

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