EDSAC was produced using a concept known as
Circuit switching
Packet routing
Packet switching
Stored program
Correct answer is D
No explanation has been provided for this answer.
The part of a policy that describes the event that led to a loss is
operative clause
recital clause
heading
schedule
Correct answer is A
The Operative clause in an insurance policy sets outs the circumstances that must be present before an insurance company will pay out any claims to insured parties.
Desktop computer
Laptop computer
Mainframe computer
Minicomputer
Correct answer is B
No explanation has been provided for this answer.
which of the following professionals is an operator in the reinsurance market?
agent
consultant
broker
adjuster
Correct answer is C
An insurance broker is a specialist in insurance and risk management. Brokers act on behalf of their clients and provide advice in the interests of their clients.
A policy that covers a trader against the risk of payment default by customer is
stock insurance
trade insurance
fidelity insurance
credit insurance
Correct answer is C
Fidelity Guarantee Insurance provides insurance against direct financial loss to companies arising out of the dishonesty of their employees.