insurence exam LIC AAO Mock Test 2023 General Knowledge

Which of the following are the components used to calculate the Gross Premium?

I: Net Premium.

II: Expense-Loading.

III: Loading for Contingencies.

IV: Bonus-Loading.

1
I and II.
2
II and III.
3
I and IV.
4
II, III, and IV
5
I, II, III, and IV
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