Insurance

Insurance

Insurance MCQs for NICL AO Main 1. The Non Government organizations(NGO) helps the insurance industry mainly in 1)Linking third party administrators 2)Promotional activities 3)Drafting new regulations 4)Linking buyers and sellers 2. Based on which aspect,Churning is bad ? 1)Agents earn Lower Commission on churning 2)Policyholders suffer due to surrender charges...

Insurance

Must Do Insurance MCQ for NICL AO Main 1. Which of the following insurance companies is the sole reinsurer in the domestic reinsurance market in India? It provides reinsurance to the insurance companies. 1) National Insurance Company Limited 2) General Insurance Corporation of India 3) The New India Assurance Company...

Insurance

Must Do Insurance MCQ for NICL AO 1. "A contract that pledges payment of an agreed upon amount to the person (or his/her nominee) on the happening of an event covered against" is technically known as Death coverage Life insurance Savings for future Provident fund 2. With which of the...

Insurance

Must Do Insurance MCQ for NICL AO 1. Under the ESOP, who of the following are offered shares in the company? Employees Existing Shareholders Promoters NRIs 2. State financial Corporations give assistance mainly to develop which of the following? Small and medium scale industries Agricultural sector Cotton industry Large scale...

Insurance

Must Do Insurance MCQ for NICL AO 1. The central office of the Life Insurance Corporation of India (LIC) is located at 1) Kolkata 2) New Delhi 3) Chennai 4) Pune 5) Mumbai 2. Which of the following was the parent company of New India Assurance ? 1) LIC 2)...

Insurance

Insurance MCQ for NIACL Assistant/NICL AO 1. The punch line of the advertisement of which of the following organization is “Jindagi ke sath bhi Jindagi ke bad bhi” ? 1) New India Assurance 2) General Insurance Corporation 3) ICICI Prudential 4) Life Insurance Corporation Of India 5) None of these 2....

Insurance

Insurance MCQ for NIACL Assistant/NICL AO 1. Which of the following types of companies/organisations issue ULIP? 1) Insurance companies 2) Banks 3) NABARD 4) RBI 5) None of these 2. Which amongst the following is not an insurance company functioning in India? 1) ICICI prudential 2) ING Vysya 3) National...

Insurance

Insurance MCQ for NIACL Assistant/NICL AO 1. The punch line of the advertisement of which of the following organization is “Jindagi ke sath bhi Jindagi ke bad bhi” ? 1) New India Assurance 2) General Insurance Corporation 3) ICICI Prudential 4) Life Insurance Corporation Of India 5) None of these...

insurance

Insurance MCQ for NIACL Assistant/NICL AO 1. Which of the following is NOT contained in the Declarations page of the Personal Auto Policy (PAP)? 1) Policy period. 2) Insuring agreement. 3) Policy number. 4) Name of the insurer. 5) Limits of insurance for each coverage provided. 2. Liability coverage- Part...

Insurance

Insurance MCQ for NIACL Assistant/NICL AO 1. Which of the following Insurance Companies was launched with NABARD as one of its promoter’s with 30% stake in it ? 1) General Insurance Corporation Ltd. 2) National Insurance Cornpany Ltd. 3) Agriculture Insurance Company Ltd, 4) SBI Life Insurance Company Ltd. 5)...