Q.1
Which of the following information is not found in the Policy Schedule?
Q.2
Standard provisions of a policy contains which of the following information?
Q.3
Specific policy provisions may contain –
Q.4
Which is evidence of commencement of contract/risk cover?
Q.5
Which is a Premium receipt?
Q.6
Which will act as a proof of premium payment should any dispute arise as to premium payment?
Q.7
Which of the following information is not contained in a Medical Examiner’s Report?
Q.8
When medical report of the life insured is essential?
Q.9
As per PML Act, 2002, which came into effect from 2005, money laundering is punishable by
Q.10
What are the KYC documents?
Q.11
Objective of KYC guidelines is to prevent –
Q.12
If Assets are undervalued it would result in –
Q.13
What does moral hazard indicate?
Q.14
Moral Hazard Report is completed by _________
Q.15
The first part of the policy document deals with
Q.16
Where was the Universal Life Policy introduced first?
Q.17
If liabilities are overvalued, it would result in –
Q.18
If Assets/Liabilities are liberally valued, it would benefit –
Q.19
Free assets of a company are –
Q.20
To ascertain which of the following Age proof is not required:
Q.21
For the subsequent premiums received by the insurance company after the first premium, the company will issue _________.
Q.22
When an applicant is seeking license for the first time, he / she is supposed to undergo _________of practical training (from an approved institution) in life insurance.
Q.23
Which of the below forms first part of a standard insurance policy document?
Q.24
In respect of Bonuses, which of the following is incorrect?
Q.25
Which is a bonus?
Q.26
Terminal Bonus would _________ with the duration/term of the policy.
Q.27
What does the letter 'S' denote in the term IFSC?
Q.28
A method of valuing insured property or the value computed by that method is known as
Q.29
What is the expanded form of the term ALM used in the banking sector?
Q.30
Which of the following is not a part of India's Money Market?
Q.31
An insurance company needs free assets for –
Q.32
Prospectus is a document which is _________
Q.33
Which is not provided in a Prospectus?
Q.34
SEF is abbreviated as _________
Q.35
Which one of the following does not belong to regulatory bodies in India?
Q.36
Which one of the following is the special drawing rights given by the International Monetary Fund to its member countries?
Q.37
Which was the first Indian bank started solely with Indian Capital?
Q.38
Fiscal policy is related with which of the following?
Q.39
As per Section 45 of Insurance Act, 1938, an insurance company can reject a claim within 2 years from issuance of policy if the material facts in the proposal are proved _________
Q.40
Which of the following is a combination of insurance as well as an investment?
Q.41
Investment in ULIPs is related to which section of the Income Tax Act?
Q.42
In pursuance of which one of the following was the General Insurance Corporation of India was formed?
Q.43
Repudiation of death claim means –
Q.44
Which bank has started as a private shareholders bank, mostly by European shareholders?
Q.45
In which city the head office of Corporation Bank is situated?
Q.46
Which of the following organization decides Repo Rate?
Q.47
What are true about IMF?
Q.48
A person can be presumed to be dead if he has not been heard about for
Q.49
What is the time limit set for an insurer by IRDA Regulations for calling for documents from the date of receipt of claim intimation?
Q.50
What is the time limit set for an insurer by IRDA Regulations for settling non-early claims from date of receipt of all documents.
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