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Insurance · EPFO APFC · Question 6 of 30

Insurance: The oldest type of insurance in the world is

Step-by-step solution. Insurance for EPFO APFC.

Topic
Insurance
Subject
General Studies
Difficulty
Medium
Solve Time
45-60 sec

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Q · InsuranceMedium · 45s

The oldest type of insurance in the world is

TopicInsurance
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.25
Test Duration30 min

Step-by-Step Solution

The complete worked solution.

Every step explained - no skipped algebra.

Marine insurance is the earliest form, dating back to ancient trade.

Final Answer: Option (B) Marine Insurance
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The oldest type of insurance in the world is - Insurance (General Studies) Solved Question