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The history of insurance traces the development of the modern business of insurance against risks, especially regarding cargo, property, death, automobile accidents, and medical treatment.. Regular Inspection, maintenance and adequate lubrication reduce. We have compiled NCERT MCQ Questions for Class 11 Business Studies Chapter 4 Business Services with Answers Pdf free download. Stock godown not having stock more than 30 days, C.     A manufacturing unit not used for manufacturing or storage purpose. CLAIM FOR LOSS OF STOCK Fire insurance being a contract of indemnity, a claim can be lodged only for the actual amount of the loss, not exceeding the insured value. Try this amazing MCQ On Working Capital Management quiz which has been attempted 3543 times by avid quiz takers. 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