n NISM Certifications
NSM General NISM
Medium

What is the cost of insurance based on mortality rate?

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

Options

  1. A

    Rs. 35 per 1000 sum assured

  2. Rs. 3.50 per 1000 sum assured

    Correct answer

  3. C

    Rs. 0.35 per 1000 sum assured

  4. D

    Rs. 0.0035 per 1000 sum assured

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

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