Question

2: Insurance
3: Equity shares
4: Real Estate
Q6. Which of the following statements is true?
1: Insurance is a method of sharing
the losses of a few' by 'many'
2: Insurance is a method of transferring the risk of an individual to another individual
3: Insurance is a method of sharing the losses of a 'many' by a 'few'
4: Insurance is a thethod of transferring the gains of a few to the many
a
Q7. Insurance is a mechanism that helps reduce adverse consequences through
1: Pooling
2: Spreading​

Answer 1

Answer:

gate book Jeet and try

Explanation:

20 minutes