Legal Overview Quiz

IRDAI has regulations pertaining to which of the aspects mentioned below:

• All of the above

• Solvency

• Advertisement

• Protection of policyholders

What does EPC stand for?

• Enterprise Process Committee

• Enterprise Process Center

• Entity Process Center

• Entity Product Committee

Premium can be received from ___________________

• Relative of policy holder

• Proposer

• Either from Proposer, Policy holder/Insured

• Policy holder/Insured

Who can solicit Insurance?

• Brokers

• All licensed intermediaries

• Insurance Marketing Firm

• Corporate Agent

Who issues license to Insurance intermediaries?

• Insurance Company

• RBI

• SEBI

• IRDAI

What does section 64 VB convey?

• Adherence to solvency regulation

• Indemnity for losses

• Receipt of premium prior to Risk assumption

• Providing cover to insured

What is full form of NDNC as per TRAI regulations?

• National Do Not Call Registry

• National Domestic News Council

• New & Digital National Corporation

• National Data Network Center

Which font should be used in all official communication for IL?

• Arial 11

• Zurich BT 11

• Zurich BT 10

• Calibri 10