Maharashtra State BoardHSC Commerce (Marketing and Salesmanship) 12th Board Exam
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Syllabus
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The Principle of Indemnity is Not Applicable to - Organisation of Commerce and Management

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The Principle of indemnity is not applicable to ____________

a. life insurance

b. marine insurance

c. fire insurance.

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Solution

a. life insurance

Concept: Concept of Insurance
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2013-2014 (October)
Q 1.A.2

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2013-2014 (October) (with solutions)
Q 1.A.2 | 1 mark
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