Insurance Awareness Quiz for today :-
Q1. "Yogakshemam Vahamyaham" is tagline of which of the following insurance companies:
Q1. "Yogakshemam Vahamyaham" is tagline of which of the following insurance companies:
a) Tata AIA Life Insurance Company Limited
b) SBI Life Insurance Company Limited
c) Life Insurance Corporation of India
d) None of These
a) 1996
b) 1998
c) 2000
d) None of These
Q3. Insurance Ombudsmen were introduced for:
a) Protection of Insurer interests and grievance redressal
b) Protection of consumer interests and grievance redressal
c) Both of Above
d) None of These
Q4. In 1818, ______was started:
a) United India Insurance Company
b) Oriental Life Insurance Company
c) National Insurance Company
d) None of These
Q5. FDI limit in insurance sector is:
a) 43%
b) 49%
c) 50%
d) None of These
Q6. FII stands for:
a) Fixed Investment in Insurance
b) Foreign Institutional Investors
c) Foreing Investment Institutions
d) None of These
Q7. FDI was introduced in India way back in _____:
a) 1991
a) 1991
b) 1995
c) 1992
d) None of These
Q8. In 1991, FDI was introduced, that time Finance Minister was:
a) Manmohan Singh
b) Amar Dharamlingam Anathpliam
c) U.K. Sinha
d) None of These
Q9. The policy assigning creditor as beneficiary for insurance on a debtor thereby remitting balance of payment to creditor upon death of debtor is known as:
a) Creditor Claim Life Insurance
b) Outstanding Life Insurance
c) Credit Life Insurance
d) None of These
Q10. A refund of a portion of the premium paid by the insured from insurer surplus is called:
a) Interest
b) Dividend
c) Bonus
d) None of These
Q11. ERISA stands for:
a) Employee Retirement Income Security Act
b) Employee Re-Insurance Security Act
c) Employee Retrenchment Income Security Act
d) None of These
Q12. Employee Retirement Income Security Act was launched in:
a) 1975
b) 1974
c) 1976
d) None of These
Q13. GAAP refers to:
a) Generally All Accepted Principles
b) Generally Accepted Accounting Principles
c) Generally Acquired Accounting Principls
d) None of These
Q14. HMO stands for:
a) Health Making Organization
b) Health Maintenance Organization
c) Heavy Maintenance Organization
d) None of These
Q15. A medical group plan that provides physician, hospital and clinical services to participating members in exchange for periodic flat fee is linked with:
a) MMO
b) HMO
c) BMO
