n NISM Certifications
NSM General NISM
Medium

Which of the following are elements of the insurance process?

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

Options

  1. A

    Risk and risk avoidance

  2. Asset, risk, and risk pooling

    Correct answer

  3. C

    Risk control and risk financing

  4. D

    Risk retention and risk transfer

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

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