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Recent questions tagged finance-quiz
1
answer
In ‘Hit and Run’ cases, claims are settled from _______
asked
Aug 2, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
hit-and-run
claim
solatium-fund
irda
1
answer
The minimum paid up capital required for a General Insurance Company is Rs. ____
asked
Aug 2, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
capital-account
general-assurance
1
answer
Which of the following types of insurances is mandatory?
asked
Aug 2, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
insurance-type
motor-own-damage
product-liability
1
answer
Which clause specifies the perils insured in a scheduled form of policy?
asked
Aug 2, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
clause
perils
policy
preamble-clause
1
answer
Time Policies relate to:
asked
Aug 2, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
time-policies
fire-insurance
hull-insurance
1
answer
The Third Party Administrator’s role mainly involves
asked
Aug 2, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
third-party
canvassing-business
insurers
1
answer
As per the Insurance Act, every insurer has to prepare at the end of financial year
asked
Aug 2, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
insurance-act
financial-year
balance-sheet
1
answer
As per structured formula under the Motor Vehicle Act, victims of fatal injuries are paid compensation on the basis of:
asked
Aug 2, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
motor-vehicles-act
associated-with-fatal
1
answer
Which of the following terms is dissimilar to the other four in the context of death claims in life insurance?
asked
Jul 31, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
life-insurance
life-insurance-plan
death-claims
early-claims
foreclosure
1
answer
Which of the following terms is dissimilar to the other four in the context of insurable interest in life insurance?
asked
Jul 31, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
insurable-interest
employer
creditor
1
answer
Find out which of the given statements is incorrect
asked
Jul 31, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
incorrect-statement
accounts-department
marketing
1
answer
Find out which of the given statements is incorrect
asked
Jul 31, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
incorrect-statement
organisation-support
1
answer
Which of the following terms matches closest with ‘Foreclosure’?
asked
Jul 31, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
foreclosure
surrender-value
1
answer
Which of the following terms matches closest with ‘Automatic Teller Machines’?
asked
Jul 31, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
general-assurance
atm
divisional-offices
1
answer
Select the expanded form of SV as commonly used in life insurance
asked
Jul 31, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
general-assurance
sv-full-form
selected-value
1
answer
Select the expanded form of OR as commonly used in life insurance
asked
Jul 31, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
general-assurance
or
once-renewed
1
answer
Select the expanded form of SA as commonly used in life insurance
asked
Jul 31, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
general-assurance
sa
sum-assured
1
answer
A nomination can be made only in favour of ________________
asked
Jul 31, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
insurance-priniciple
insurance-nomination
1
answer
Compared to the premium for a Whole Life plan, the premium for an Endowment plan will be ____________ for the same age
asked
Jul 28, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
premium-insurance
life-insurance-plan
endowment
same-age
1
answer
Which of the following is an important reason for insurers to sell life insurance policies through agents?
asked
Jul 28, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
important-things
insurers
life-insurance
insurance-agents
1
answer
Which of the following is/are important activities of an organisation’s Accounts Department?
asked
Jul 28, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
organisation-support
keeping-control
investments-of-fund
bill
1
answer
State which of the statements given below is correct?
asked
Jul 28, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
risk-driving
interfere
buy-insurance
good-health
1
answer
________ may be described as a social device to reduce or eliminate risk of loss to life and property.
asked
Jul 28, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
reduce-speed
long-term-investment
saving
1
answer
State which of the statements given below is correct.
asked
Jul 28, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
true-or-false
organisation
employees
1
answer
A policy where the policyholder makes a one-time payment of premium, is known as a ______________
asked
Jul 28, 2021
in
Finance
by
voice
(
257k
points)
finance
finance-quiz
insurance
policyholder
one-time-payment
money-back-policy
single-premium-policy
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