All chapters of PPBI

All chapters of PPBI

University

61 Qs

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All chapters of PPBI

All chapters of PPBI

Assessment

Quiz

Professional Development

University

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Minal G

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61 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Insurance is a _________ subject in India.

Federal
Secular
Risky
Nominal

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Insurance Act came in to force on ______

1st July 1999
1st July 1938
26th Feb 1972
26th Feb 1963

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The minimum paid up capital for Life Insurance Company is_____

1000 Crores
250 Crores
200 Crores
100 Crores

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One of the aim of Life Insurance Act is

Protection of Property
Provision of Tax
Tax Concession
Encourage Expenditure

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Marine Insurance Policy is also called as ________ Policy

River
Sea
Lake
Water

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Insurer in Marine Insurance is called __________

The Underwriter
Insurance Company
Reinsurer
Client

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_______ is a right of insured to receive the amount secured under the policy of insurance contract promised by Insurer.

Premium
Commission
Claim
Fees

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