A. A large number of people face the same risk
B. A Possibility of making profit out of an event
C. only a small number will actually suffer the loss in any one year
D. A large number makes a small contribution to a common pool
E. Possibility of assessing the frequency of occurrence of the event
Correct Answer:
Option B – A Possibility of making profit out of an event
Veterinary medicine is the branch of medicine that deals with the prevention, diagnosis, and treatment…
Anthropology is the scientific study of human beings and their cultures. It encompasses a wide…
Sociology is the scientific study of human society, culture, and behavior. It examines the social…
Social Work is a profession dedicated to helping individuals, families, and communities to cope with…
Religious studies is an academic discipline that explores the beliefs, practices, and history of various…
Public administration is the field of study and practice that focuses on the organization and…