Multiple choice

Which of the following is the cause for the rise in Moral hazard?

(i) Carelessness (ii) Industrial relations (iii) Wrong claims (iv) Honesty

  1. (i) only

  2. (ii) and (iii) only

  3. (i), (ii) and (iii)

  4. All (i), (ii), (iii) and (iv)

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Moral hazard could arise in the following ways:

(1) Dishonesty (2) Carelessness (3) Industrial relations (4) Wrong claims