what is the maximum time in which the insurer should settle a claim when all documents are submitted.?
(a) 5 days
(b) 20 days
(c) 30 days
(d) None of these
A missing person is considered to be dead after how many years of missing?
(a) 3 years
(b) 5 years
(c) 15 years
(d) 7 years
(e) None of these
Ques 3.
A insurer advertises through daily news paper . What type of marketing is
(a) cross selling
(b) policy selling
(c) solicitation of policy
(d) Insurance selling
Ques 4.
How is complaint to be launched with an insurance ombudsman?
(a) Made face to face
(b) made in writing
(c) through newspaper advertisement
(d) orally over the phone
(e) None of these
Ques 5.
Who was the actual pioneer of LIC ?
(a) Debendranath Tagore
(b) S.K .Roy
(c) Surendranath Tagore
(d) A.K .Roy
(e) None of these
Ques 6.
What does the term Actuary stands for in Insurance :
(a) A specialist in Insurance claim settlement
(b) A specialist in Insurance Calculating
(c) A specialist in Insurance marketing
(d) An agent
(e) None of these
Ques 7.
ECGC is made to private :
(a) Insurance cover in external trade
(b) Insurance cover in internal trade
(c) Insurance cover in import trade
(d) Insurance cover in export trade
(e) None of these
Ques 8.
IIB stands for :
(a) International Insurance Board
(b) Intellectual Insurance Board
(c) Insurance information Bureau
(d) International Insurance bond
(e) None of these
Ques 9.
The non Government organization (NGO) helps the insurance industry mainly in
(a) Linking third party administrator
(b) promotional activities
(c) Drafting new regulations
(d) Linking buyers and sellers
(e) None of these
Ques 10.
Insurance company transfer the insurance which cannot bear by them to which to the following ?
(a) TPAs
(b) Bancassurance
(c) Reinsurance
(d) Actuaries
(e) None of these
Solutions :
Ans 1. 30 Days
Ans 2. 7 years
Ans 3. solicitation of policy
Ans 4. Made in writing
Ans 5. Debendernath Tagore
Ans 6. A specialist in insurance calculating
Ans 7. Insurance cover in export trade
Ans 8. Insurance information Bureau
Ans 9. Linking buyers and sellers
Ans 10. Reinsurance
