Insurance · EPFO APFC · Question 22 of 30

Insurance – Question 22

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

Which of the following is NOT an essential element of insurance contract?

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

Step-by-Step Solution

The complete worked solution.

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Insurance is not a wager; wagering contracts are void.

Final Answer: Option (C) Wagering Nature
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Insurance Question 22 – EPFO APFC