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  3. Banking

Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-3

  • question_answer
    An insurance purchased by agricultural producers to protect themselves against either the loss of their crops due to natural disasters or loss of revenue due to declines in the prices of agricultural commodities is known as _________

    A)  Crop Insurance

    B)  Third Party Insurance

    C)  Gap Insurance

    D)  Marine Insurance

    E)  Auto Insurance

    Correct Answer: A

    Solution :

     Crop insurance is purchased by agricultural producers, including farmers, ranchers, and others to protect themselves against either the loss of their crops due to natural disasters, such as hail, drought, and floods, or the loss of revenue due to declines in the prices of agricultural commodities.


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