Which among the following is a method of risk transfer?

Bank FD

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Insurance

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Equity shares

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Real estate

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Solution

The correct option is B
Insurance

Answer: (B) Insurance
Insurance is a risk transfer method.
Risk management or influence over dangerous conditions that transfer the risk from one group or the other is referred to as risk transfer.
One method of moving risk is insurance.
Insurance is a contract that mutually reduces between two groups, i.e. the policy header, and the insurance provider.

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