BDM Quiz

Which is not a parameter for QVP

• IRP Budget Achievement

• 100% Benchmark Premium (IRP) Achievement

• Return On Activity

• 83% 13th Month Rolling Premium Persistency

What is the maximum payout eligible grid if persistency >=95

• 3.5%

• 4.5%

• 4%

• 3.75%

Rated NBP (IRP) = Rs. 1 crore

IRP Budget achieved = 135%

Traditional Budget achieved = 110%

Benchmark Premium = 100%

Persistency = 75%, Improvement in Persistency = 2%

Calculate QVP

• 50000

• 250000

• 25000

• Not eligible

What would be the payout percentage if persistency is <83% and improvement in persistency is >=3%

• 0.5%

• 0.25%

• 1.0%

• Not eligible

If IRP budget achievement and traditional budget achievement is 100% each, what would be the payout percentage?

• 0.5%

• 0.75%

• 1.75%

• 1%

To avoid penalty, what is the minimum IRP budget requirement ?

• 80%

• 60%

• 70%

• No penlaty

In Smart Platina Assure, if yearly premium is 75000, what would be the Guaranteed Addition?

• 6.25%

• 5.75%

• 5.5%

• 6.5%

In Smart Platina Assure, which ia correct?

• PPT 7 & 10

  PT 15 & 20

• PPT 6, 7 & 10

  PT 12, 15 & 20

• PPT 7, 8 & 10

  PT 15, 20, 25 & 30

• All are incorrect

In Smart Platina Assure, premium frequency available are

• Yearly only

• Monthly, Quarterly, Half Yearly & Yearly

• Monthly, Half Yearly & Yearly

• Monthly & Yearly

In case of Reduced paid-up policies, what would be the rate of guaranteed additions, if yearly premium is 1 lakh and above?

• 5.25%

• 6.25%

• Not eligible for future guarantee

• 4.75%