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Answers by admic
0
votes
Which of the following is an important reason for insurers to sell life insurance policies through agents?
answered
Jul 28, 2021
in
Finance
finance
finance-quiz
insurance
important-things
insurers
life-insurance
insurance-agents
0
votes
Which of the following is/are important activities of an organisation’s Accounts Department?
answered
Jul 28, 2021
in
Finance
finance
finance-quiz
insurance
organisation-support
keeping-control
investments-of-fund
bill
0
votes
State which of the statements given below is correct?
answered
Jul 28, 2021
in
Finance
finance
finance-quiz
insurance
risk-driving
interfere
buy-insurance
good-health
0
votes
________ may be described as a social device to reduce or eliminate risk of loss to life and property.
answered
Jul 28, 2021
in
Finance
finance
finance-quiz
insurance
reduce-speed
long-term-investment
saving
0
votes
State which of the statements given below is correct.
answered
Jul 28, 2021
in
Finance
finance
finance-quiz
insurance
true-or-false
organisation
employees
0
votes
A policy where the policyholder makes a one-time payment of premium, is known as a ______________
answered
Jul 28, 2021
in
Finance
finance
finance-quiz
insurance
policyholder
one-time-payment
money-back-policy
single-premium-policy
0
votes
In cases where a Life Insurance Agent collects the premium from the policyholder and remits it to the insurer’s office
answered
Jul 28, 2021
in
Finance
finance
finance-quiz
insurance
life-insurance-agent
premium-policyholder
irda
insurance-company
0
votes
Which of the following terms matches closest with ‘Family Floater’?
answered
Jul 28, 2021
in
Finance
finance
finance-quiz
insurance
family-floater
health-insurance
property-insurance
accidental-injury
0
votes
GA as used in insurance
answered
Jul 28, 2021
in
Finance
finance
finance-quiz
insurance
ga
general-assurance
general-average
0
votes
CTL as used in insurance
answered
Jul 28, 2021
in
Finance
finance
finance-quiz
insurance
ctl
contributory-total-loss
constructive-total-loss
0
votes
Fidelity Guarantee Policies cover losses due to fraud by ____________.
answered
Jul 28, 2021
in
Finance
finance
finance-quiz
insurance
fidelity-guarantee-policies
fraud-borrowers
0
votes
The principle of average applies when the value is _____________ in the proposal.
answered
Jul 28, 2021
in
Finance
finance
finance-quiz
insurance
average-applies
understated
overstated
not-ascertainable
0
votes
The principle of _____________ ensures that an insured does not profit by insuring with multiple insurers.
answered
Jul 28, 2021
in
Finance
finance
finance-quiz
insurance
subrogation
contribution
co-insurance
indemnity
0
votes
An actuary is expected to
answered
Jul 28, 2021
in
Finance
finance
finance-quiz
insurance
actuary-expected
exact-forecast
liability
0
votes
Which of the following intermediaries do not require IRDA’s license/approval to operate in India?
answered
Jul 28, 2021
in
Finance
finance
finance-quiz
insurance
irda-license
insurance-broker
insurance-agents
0
votes
The main purpose of having Life insurance is:
answered
Jul 28, 2021
in
Finance
finance
finance-quiz
insurance
life-insurance
long-term-investment
income-tax
0
votes
The term ‘Risk’ includes:
answered
Jul 28, 2021
in
Finance
finance
finance-quiz
insurance
risk-free
machinery-property
health
toxic-products
0
votes
Insurance helps to
answered
Jul 28, 2021
in
Finance
finance
finance-quiz
insurance
insurance-priniciple
finanacial-consequences
0
votes
Insurance works on the principle of
answered
Jul 28, 2021
in
Finance
insurance
insurance-priniciple
insurance-works
sharing-of-lossess
probability-damage-loss
0
votes
Sometimes you can READ the actions of another driver to anticipate what their vehicle may do.
answered
Jun 10, 2021
in
Automobile
automobile
driving
education
true-or-false
anticipating-actions
vehicles
0
votes
Reaction time is the time it takes you to recognize there is a problem and for your body to physically react to
answered
Jun 10, 2021
in
Automobile
automobile
driving
education
true-or-false
driver-reaction
physical-illness
indicate-problem
0
votes
Reaction distance and braking distance are the same.
answered
Jun 10, 2021
in
Automobile
automobile
driving
education
true-or-false
driver-reaction
braking-distance
0
votes
Speed increases the distance that your vehicle travels while you are recognizing and reacting to a situation.
answered
Jun 10, 2021
in
Automobile
automobile
driving
education
true-or-false
increase-speed
distance
0
votes
Paying attention is the most important driving task because it helps create the time needed to recognize hazards and
answered
Jun 10, 2021
in
Automobile
automobile
driving
education
true-or-false
attract-attention
potential-hazards
prevent-accident
0
votes
A “false turn signal,” can occur when the sun flashes off a highly reflective turn signal light.
answered
Jun 10, 2021
in
Automobile
automobile
driving
education
true-or-false
turn-signal
flashing-lights
light-reflector
signal
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