Que. 1 : Q1) Insurance is a mechanism to reduce impact of adverse events on __________. 1. a) Value generating assets 2. b) Non value generating assets 3. c) Risks 4. d) Fixed assets Que. 2 : Q2) What kind of payment mode involves less administrative work? 1. a) Monthly mode 2. b) Yearly mode 3. c) Half Yearly mode 4. d) Quarterly mode Que….