MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Earn 100

Insurance works on the principle of ______.

66.67% studentsanswered this correctly

Important Questions on Insurance

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness Learn Revise & Practice>Chapter 9 - Insurance>QUESTION BANK>Q 26

Insurance helps to ______.

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness Learn Revise & Practice>Chapter 9 - Insurance>QUESTION BANK>Q 27

The main purpose of having Life insurance is ______.

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness Learn Revise & Practice>Chapter 9 - Insurance>QUESTION BANK>Q 28

Which of the following intermediaries do not require IRDA's licence/approval to operate in India?

HARD
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness Learn Revise & Practice>Chapter 9 - Insurance>QUESTION BANK>Q 29
According to the passed Insurance Laws (Amendment) Bill 2015, FDI in Insurance Sector was ________.
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness Learn Revise & Practice>Chapter 9 - Insurance>QUESTION BANK>Q 30

Which of the following is largest Non-Life Insurance Company in India?

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness Learn Revise & Practice>Chapter 9 - Insurance>QUESTION BANK>Q 31

Which of the following Insurance Companies was launched with NABARD as one of its promoter's with 30% stake in it?

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness Learn Revise & Practice>Chapter 9 - Insurance>QUESTION BANK>Q 32

If an organisation wishes to venture into Insurance Business it has to obtain a licence first from which of the following?

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness Learn Revise & Practice>Chapter 9 - Insurance>QUESTION BANK>Q 33

Which of the following was the parent company of New India Assurance?