EASY
IBPS Clerk Mains
IMPORTANT
Earn 100

Insurance helps to _____.

50% studentsanswered this correctly

Important Questions on Knowledge of Financial Sector

EASY
IBPS Clerk Mains
IMPORTANT
Administrative Officers (AO) Preliminary & Main Exam Objective Test - Financial Awareness>Chapter 1 - Knowledge of Financial Sector>MULTIPLE CHOICE QUESTIONS>Q 181
The term "Risk" includes:
EASY
IBPS Clerk Mains
IMPORTANT
Administrative Officers (AO) Preliminary & Main Exam Objective Test - Financial Awareness>Chapter 1 - Knowledge of Financial Sector>MULTIPLE CHOICE QUESTIONS>Q 182
The main purpose of having Life Insurance is
EASY
IBPS Clerk Mains
IMPORTANT
Administrative Officers (AO) Preliminary & Main Exam Objective Test - Financial Awareness>Chapter 1 - Knowledge of Financial Sector>MULTIPLE CHOICE QUESTIONS>Q 183
Which of the following intermediaries do not require IRDA's license/approval to operate in India?
EASY
IBPS Clerk Mains
IMPORTANT
Administrative Officers (AO) Preliminary & Main Exam Objective Test - Financial Awareness>Chapter 1 - Knowledge of Financial Sector>MULTIPLE CHOICE QUESTIONS>Q 184
The principle of _____ ensures that an insured does not profit by insuring with multiple insurers.
EASY
IBPS Clerk Mains
IMPORTANT
Administrative Officers (AO) Preliminary & Main Exam Objective Test - Financial Awareness>Chapter 1 - Knowledge of Financial Sector>MULTIPLE CHOICE QUESTIONS>Q 185
CTL as used in insurance:
EASY
IBPS Clerk Mains
IMPORTANT
Administrative Officers (AO) Preliminary & Main Exam Objective Test - Financial Awareness>Chapter 1 - Knowledge of Financial Sector>MULTIPLE CHOICE QUESTIONS>Q 186
GA stands for _____ in insurance.
EASY
IBPS Clerk Mains
IMPORTANT
Administrative Officers (AO) Preliminary & Main Exam Objective Test - Financial Awareness>Chapter 1 - Knowledge of Financial Sector>MULTIPLE CHOICE QUESTIONS>Q 187
In cases, whereas life insurance agent collects the premium form the policyholder and remits it to the insurer's office, he is acting as an agent of _____.
EASY
IBPS Clerk Mains
IMPORTANT
Administrative Officers (AO) Preliminary & Main Exam Objective Test - Financial Awareness>Chapter 1 - Knowledge of Financial Sector>MULTIPLE CHOICE QUESTIONS>Q 188
A policy where the policyholder makes a one-time payment of premium is known as a _____.