Post Utme Achievers University 2023 Commerce Question 11

Practice objective / multiple choice question 11 from the 2023 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2023 Commerce Objective / Multiple Choice
Question 11 POST_UTME_ACHIEVERS_UNIVERSITY • 2023 • COMMERCE • objective

What is the primary goal of risk management in insurance?

Answer Options

A. To maximize profits
Correct Answer B. To minimize losses
C. To increase market share
D. To reduce competition
Correct Answer
B
Correct Option:
To minimize losses

About This Question

This is Post Utme Achievers University 2023 Commerce Question 11. It is one of the objective questions from the 2023 Post Utme Achievers University Commerce examination.

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