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State whether the following is True or False : Premium is the amount paid to the insurance company every month. - Mathematics and Statistics

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Question

State whether the following is True or False :

Premium is the amount paid to the insurance company every month.

Options

  • True

  • False

MCQ
True or False
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Solution

Premium is the amount paid to the insurance company every month True.

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Chapter 2: Insurance and Annuity - Miscellaneous Exercise 2 [Page 30]

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Balbharati Mathematics and Statistics 2 (Commerce) [English] Standard 12 Maharashtra State Board
Chapter 2 Insurance and Annuity
Miscellaneous Exercise 2 | Q 3.04 | Page 30
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