GK
INSURANCE AWARENESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A seller’s market in which insurance is expensive and in short supply is termed as ____
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Soft Market
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Hard Market
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Alternative Market
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None of the Above
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Explanation:
Detailed explanation-1: -A seller’s market in which insurance is expensive and in short supply is termed as Alternative Market. A term commonly used in risk financing to refer to one of a number of risk funding techniques is known as Alternative Market.
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