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2. Define insurance . State the characteristic of insurance . 3. Discuss the objectives and importance of insurance . 4. State in what ways insurance

2. Define insurance . State the characteristic of insurance . 3. Discuss the objectives and importance of insurance . 4. State in what ways insurance helps in furtherance of modern business 5 . Discuss in brief ( a ) Importance of insurance to an individual ( b ) Socio - economic significance of insurance

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