Insurance Awareness Quiz - Part 8

Insurance Awareness Quiz for today :-

insurance quiz

Q1. Which of the following is not an insurance scheme launched by Government of India:
a) Varsha Bima Yojna
b) Janashree Bima Yojna
c) Shiksha Sahyog Yojna
d) None of These



Q2. 'Zindagi ke Saath bhi, Zindagi ke baad bhi' is the punch line of the advertisement of which of the following organization:
a) General Insurance Corporation
b) ICICI Prudential Life Insurance
c) Life Insurance Corporation 
d) None of These

Q3. IIB stands for:
a) Intellectual Insurance Board
b)  International Insurance Board
c) Insurance Information Bureau
d) None of These


Q4. AIC stands for:
a) Assurance Investment Corporation
b) Agriculture Insurance Company of India Limited
c) Agriculture Investment Company of India Limited 
d) None of These


Q5. India's Agriculture Insurer is:
a) NABARD
b) AIC
c) GIC
d) None of These

Q6. AIC was incorporated under the Indian Companies Act, 1956 on ________:
a)  26 December, 2002
b) 25 December, 2002
c) 20 December, 2002
d) None of These


Q7. IIS stands for:
a) Indian Insurance Society
b) International Insurance Society
c) International Investment Society 
d) None of These

Q8. Which of these is related to Prime Minister Jan Dhan Yojna (PMJDY):
a) HDFC Ergo
b) IFFCO
c) TATA AIG
d) None of These

Q9. Headquarter of International Association of Insurance Supervisors is located at:
a) London
b) New York
c) BASEL
d) None of These


Q10. Which General Insurance Company completed its 50 years in 1997:
a) UICL
b) OICL
c) NICL
d) None of These

Q11. The regulator of Insurance sector in India is:
a) RBI
b) SEBI
c) IRDA
d) None of These


Q12. Institute of Insurance and Risk Management is situated in:
a) Jodhpur
b) Mumbai
c) Hyderabad
d) None of These


Q13. Which of following banks recently got RBI's permission to enter Non Life Insurance Sector:
a) Kotak Mahindra Bank
b) Karur Vysya
c) Indusind Bank
d) None of These


Q14. Which of the following is correct about Actuary:
a) A specialist in Insurance Claim settlement
b) A specialist in Insurance Calculations
c) A specialist in Insurance Marketing
d) None of These


Q15. In ____, The Actuaries Act was passed to give the profession statutory status on par with chartered accountants, notaries, cost and works accountants, advocates, architects and company secretaries:
a) 2006
b) 2004
c) 2008
d) None of These


Q16. Following the recommendation of the Malhotra Committee, an interim Insurance Regulatory Authority was set up in _______:
a) 1997
b) 1996
c) 1999
d) None of These


Q17. Which of the following was the parent company of New India Assurance:
a) LIC
b) GIC
c) United India Insurance
d) None of These


Q18. Insurance company transfer the insurance which can not bear by them to which of the following:
a) Reinsurance
b) Bancassurance 
c) TPA
d) None of These


Q19. Which of the following is customer of a Re-insurer:
a) High Net worth Individual
b) Licensed Insurance Agents
c) Insurance Companies
d) None of These

Q20. RBI was nationalized in____:
a) 1950
b) 1949
c) 1947
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