Economics · Market Failure and Public Goods
Which type of insurance risk is least suited for purely private market provision?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Auto insurance for safe drivers
- 2Life insurance for corporate employees
- 3Insurance for natural disasters like floods due to catastrophic risk✓
- 4Health insurance for young adults
Correct answer
Insurance for natural disasters like floods due to catastrophic risk
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Market Failure and Public Goods MCQs →Want more practice questions on Market Failure and Public Goods?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Market Failure and Public Goods