Multiple choice

Which of the following terms is not used in insurance sector in India?

  1. Net line

  2. Tobin tax

  3. Protection

  4. Proximate cause

  5. Utmost faith
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Tobin tax is an excise tax assessed on currency conversions. It is used in taxation and economics and not in insurance sector.

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