Question

Select the proper option from the options given below and rewrite the sentence.

The activity that removes difficulty of risk is __________.

(a) insurance
(b) transport
(c) advertising

Answer 1

The activity that removes difficulty of risk is insurance.

Explanation:
Every business involves various types of risks due to the existence of factors beyond one's control. Insurance acts as a protection against these risks. On the payment of a nominal premium, the loss suffered by a business can be recovered from the insurance company. Hence, insurance removes the difficulty of risk.
The correct option is A.