Download App

Tertiary Sector — Economics STD 9 — Question

ICSE BoardEnglish MediumSTD 9EconomicsTertiary Sector2 Marks
Question
Give two advantages of insurance.
✓

Answer

(i) Life insurance provides protection to the family in case of untimely death of an individual.
(ii) It gives financial protection at old age when earning capacity is reduced.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "[2 Mark Question Answer]" from Tertiary Sector→Tertiary Sector — all question types→Economics STD 9 question papers→ICSE Board STD 9 question papers→ICSE Board question paper generator→

Similar questions

Define the following terms :
(a) Labour force$\quad$(b) Work force
→
Explain how industry and agriculture are complementary to each other.###How are industry and agriculture interdependent on each other?
→
State two features of primary sector.
→
Describe the importance of education in social economic development.
→
Define goods. Explain 'free goods' and 'economic goods' with examples.
→
Give two causes of low agricultural productivity in india.
→
What are productive services?
→
How has liberalisation of trade and investment policies helped the globalisation process?
→
Give growth defination of economics.###Give Samuelson's definition of economics.
→
What are the main problems faced by Indian agriculture? Explain any four of them briefly.
→