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Who are preparing for the competitive exams or planning to attend any interview can check the Insurance Awareness General Knowledge Online Test. Read this article and find the Insurance Awareness Questions with a definite answer. A comprehensive database of general insurance quizzes online, test your knowledge with general insurance quiz questions. ANSWER: c) 1973 The nationalisation of general insurance business from 1 Jan 1973, was the effect of the General Insurance Business (Nationalisation) Act. These short solved questions or quizzes are provided by Gkseries. View Answer Discuss. Insurance Objective Type Questions and Answers for competitive exams. Reply. Pre-Authorized Chequing is an authorization by the insured to allow the Insurance Company to automatically withdrawal their insurance payments from their chequing account. ANSWER: b) 1850 The first General Insurance Company in India was Triton Insurance Company Ltd. Correct answer: (B) low frequency and high loss severity. Download Banking MCQ Question Answer PDF. 1) The Enterprise App store in Windows 10 is only available if the Windows Store UI is … The AMC MCQ examination is a computer-administered examination. D All of the above . It provides export credit insurance facilities to exporters and banks in India. Motor insurance, Fire/House owners/Householders insurance, Personal accident insurance, Medical and health insurance, Travel insurance are the main products of general insurance. The risk manager maybe able to identify the new ventures involved in _____. Insurance MCQ Questions is important for the preparation of exams like LIC EXAM, IRDA, UIIC, NICL, NIACL, and OICL. These short solved questions or quizzes are provided by Gkseries. We hope, it will help you to score good marks in exam ! 1. C Interest on Loan . 1; 2 » Question No : 1 The income of the banking interest comes from . Hello Friends, we are providing you the best MCQ Questions (Multiple Choice Questions), which you should practice for the objective type questions of UPSSSC & other competitive exams. Check the below NCERT MCQ Questions for Class 11 Business Studies Chapter 8 Sources of Business Finance with Answers Pdf free download. Commerce MCQ questions provides you all type of Accounting, Economics, Taxation and Other General Mcq questions related on Commerce subject with easy and logical explanations. Learn faster with spaced repetition. Insurance MCQ Questions and answers with explanations. ANSWER: a) 1907 The first company to transact all classes of general insurance business was the Indian Mercantile Insurance. Banking in India - General Knowledge questions -02/25/15 « Previous; Next » Banking and Insurance - MCQs with answers - Part I 1. Pure risk. (A) single items (B) group items (C) elementary items (D) entity items. • a multiple choice question (MCQ) examination to test medical knowledge in a one three and a half hour session containing 150 questions. The important thing is not to stop _____.’ Fill in the blank to complete this quotation by Albert Einstein. You need to know all the issues related to the Insurance Awareness from this article. What can they do. as well as Board exams. Our online general insurance trivia quizzes can be adapted to suit your requirements for taking some of the top general insurance quizzes. Basic Banking Knowledge Questions with answers / solution / explanation is given below which is necessary for banking recruitment and other related services. Study Insurance Multiple-Choice Questions flashcards from Jeremy Charles's Camosun class online, or in Brainscape's iPhone or Android app. If the compensation policy of the organisation proves to be best then the organisation can get well motivated, loyal, efficient workforce. Meat b. A.Ravi Kanth says: The questions and answers are very useful for job aspirants. MCQ (Multiple Choice Questions ), Quizzes and Question Papers. a. MCQ model questions answers of Basic Banking Knowledge for various competitive questions. Banking in India - General Knowledge questions -02/09/15 « Previous; Next » Insurance in India - MCQs with answers 1. MCQ Questions for Class 11 Business Studies with Answers were prepared based on the latest exam pattern. MCQ Questions for Class 11 Business Studies with Answers were prepared according to the latest question paper pattern. 5128. © Copyright 2016. A multiple choice test will usually test heavily on definitions (terminology) and numbers (dollar amounts and number of days). Banking Knowledge Basic MCQ Question Answer Objective Model Paper Practice Set . Here we are presenting some Insurance Awareness GK Questions along with the Answers. ANSWER: b) 1972 GIC was formed to control and operate the business of general insurance in India. Question 2: Data items that are divided into sub-items are called _____. d. push the patient to a safe place, apply the wheel locks, and answer the call. as well as Board exams. Data Structures MCQ Questions-Answers – 1. these MCQs have asked in the previous year’s exams. Dear Readers, We collected some important Insurance Awareness Questions for upcoming exam & make it in a PDF Format. General Insurance questions answers are applicable for any kind of Insurance related exam preparation in India like LIC, IRDA Agent. Thank you for this. 7 Common Questions and Answers about General Insurance . Take english mcq online test of perfect, past and mixed modals auxiliary verbs. Bajaj Allianz General Insurance, ICICI Lombard General Insurance, IFFCO-Tokio General Insurance, Reliance General Insurance, Royal Sundaram Alliance Insurance, TATA AIG General Insurance, Cholamandalam General Insurance, HDFC Ergo are the major general insurance private sector companies in India. ANSWER: a) 1750 BC The Babylonians developed a system which was recorded in the Code of Hammurabi. Answer: d. push the patient to a safe place, apply the wheel locks, and answer the call. All Rights Reserved. Insurance Awareness Multiple Choice Questions for LIC, NIACL and other competitive exams. Practice for BBA or MBA exams using these MCQ. Which one of the following does not belong to the main … Do practice the Insurance Awareness GK MCQ Quiz and made it helpful at the time of examinations. Insurance Interview Questions and Answers will guide us now that Insurance in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. In a local market, which one of the following is not likely to be sold? Multiple choice questions. B Interest on Deposit . You need to know all the issues related to the Insurance Awareness from this article. Which bank is the sponsor of Prathama Gramin Bank? a) Bank of Baroda b) Indian Bank c) Punjab National Bank d) Syndicate Bank View Answer / Hide Answer. Home; Translate; Insurance MCQ Federal Tax Considerations For Life Insurance and Annuities An insured had paid only part of her total number of IRA premiums before she died. The term ‘insurance coverage’ means, when an individual takes an insurance policy the insured will be covered by insurance company for a specific amount for themselves or the things that he had taken the insurance policy, for which he would be paying premiums to the insurance company. Below given is the MCQ in Compensation Management with Answers. Insurance MCQ. Insurance Objective Type Questions and Answers for competitive exams. (A) data value (B) attribute value (C) data item (D) elementary. Answer: Pay the death benefit What effect will this have on the insured's estate. ANSWER: d) 1956 Life Insurance Corporation came into existence in 1956. and often a deductible, be paid. Windows 10 MCQ Questions and Answers. CGPSC ANSWER KEY : HELD ON 20/02/2016 (ALL SETS) INSURANCE : Multiple choice questions - 3; INSURANCE : Multiple choice questions - 2; ... INSURANCE : Multiple choice questions - 3. Learn from yesterday, live for today, hope for tomorrow. this Objective type questions will be useful for both graduate and post graduate students. Standard Policy Form is an insurance policy form that is designed to be used by many different insurers and has exactly the same provisions, regardless of the insurer issuing the policy. Speculative risk. It designed a code of conduct to ensure fair business practices. as well as Board exams. We have provided Business Services Class 11 Business Studies MCQs Questions with Answers to help students understand the concept very well. There are no fill-ins (no need to memorize) and no essay (no need to be ready to explain anything) questions. B owns a Whole Life policy with a guaranteed insurability option that allows him to purchase, without evidence of insurability, stated amounts of Life Insurance. B) Pay the death benefit. ... Answers… These short objective type questions with answers are very important for competitive exams like CAT, IBPS etc. The above questions are more relevant. A) Sue for the right to not pay the death benefit. ANSWER: b) Personal accident insurance Whole life, Endowment, Term, Investment-linked, Life annuity plan, Medical and health are the main products of life insurance. Practice for BBA or MBA exams using these MCQ. 100 General Knowledge MCQ – GK Multiple Choice Quiz Questions Answers . A Deposit Received . ANSWER: a) 1818The first life insurance company started functioning in India was Oriental Life Insurance Company. This type of insurance usually requires that a higher premium, ANSWER: b) 1957 On 30 July 1957, Export Credit Guarantee Corporation of India Ltd. ( ECGC ) was established. Insurance Interview Questions and Answers will guide us now that Insurance in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. Download Payroll MCQ Question Answer … We have provided Sources of Business Finance Class 11 Business Studies MCQs Questions with Answers to help students understand the concept very well. Group Risk. These short solved questions or quizzes are provided by Gkseries. Page 5. Page 1. Check the below NCERT MCQ Questions for Class 11 Business Studies Chapter 4 Business Services with Answers Pdf free download. What Is Coinsurance For Health Insurance Policy? D) Pay a decreased death benefit. It functions under the administrative control of Ministry of Commerce & Industry. Risk Management multiple choice questions and answers on Risk Management MCQ questions on Risk Management questions. MCQ Questions for Class 11 Business Studies with Answers were prepared based on the latest exam pattern. C) Refuse to pay the death benefit because of the fraud. ‘Broad Form Insurance’ is an Insurance coverage that extends beyond the basics to include rare events that may be of serious risk to the insured. The aide should a. continue pushing the patient and assume someone else will answer the call. 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View answer. Questions & Answers | Test bank. Compensation management is one of the major concern in HRM. ANSWER: d) The Oriental Insurace Company New India Assurance Company Limited, National Insurance Company Limited, The Oriental Insurance Company, United India Insurance, Agricultural Insurance Company of India are the major general insurance companies in India. Kotti kumaravel says: It’s very useful to us for studying insurance subject in SEM.tq so much . Reply. b. take the patient inside the room while answering the call. These short objective type questions with answers are very important for competitive exams like CAT, IBPS etc. This multiple choice questions with answers exercises grow grammar knowledge Accident and Health Insurance Basics Agent and Agency Licensing AINS 21 Chapter 3 AINS Chapter 6 AINS Chapter 7 AINS Chapter 8 Annuities Assignment Questions Auto Insurance Basic Insurance Concepts & Principles Basic Principles Basic Principles of Life and Health Insurance and Annuities Car Buying Casualty Commercial Property Insurance Dental Insurance Disability Income Insurance … A comprehensive database of more than 102 insurance quizzes online, test your knowledge with insurance quiz questions. Home; Translate; Insurance MCQ Life Insurance B owns a Whole Life policy with a guaranteed insurability option that allows him to purchase, without evidence of insurability, stated amounts of. When did insurance begin in Babylon? 107 insurers were grouped into four companies: National Insurance Company, the New India Assurance Company, the Oriental Insurance Company and the United India Insurance Company. Let’s start with basic Data Structures mcq. c. put the patient back to bed and then answer the call. Banking in India - General Knowledge questions -02/25/15 « Previous; Next » Banking and Insurance - MCQs with answers - Part I 1. ! Practicing these Private, Public and Global Enterprises Class 11 Business Studies MCQs Questions with Answers really effective to … Question 1: A _____ refers to a single unit of values. Check Insurance Awareness General Knowledge Questions from here. All of the insurance exam questions are multiple choice. It was set up under the control of British. Answer : Coinsurance: Instead of, or in addition to, paying a fixed amount up front (a co-payment), the co-insurance is a percentage of the total cost that insured person may also pay. Questions & Answers | Test bank. • a clinical examination, testing clinical and communication skills, of three to four hours duration, which is administered on a single afternoon or morning. multiple choice questions and answers (cma mcq) FOR B.COM/CA/CS/CMA EXAM HELLO GUYS, IN THIS PAGE YOU WILL GET MORE THAN 200 MCQS TYPES ON AUDITING WHICH ARE ASKED REGULARY IN VARIOUS EXAMS. These short objective type questions with answers are very important for competitive exams like CAT, IBPS etc. For example, the member might have to pay 20% of the cost of a surgery over and above a co-payment, while the insurance company pays the other 80%. Payroll MCQ Question with Answer Payroll MCQ with detailed explanation for interview, entrance and competitive exams. The insurance company discovers at that time that the insured concealed information during the application process. ANSWER: d) Syndicate Bank Prathama Bank is the first Regional Rural Bank established on 2 October 1975. You will get here the topic-wise MCQs, based on the important concepts. Page 2 a) 1750 BC b) 1907 BC c) 1971 BC d) 2000 BC View Answer / Hide Answer. Gone are the days when you have insurance policies only for health and life, today when you have so many valuable assets, there are insurance policies for everything. Please provide more questions answers related to insurance if possible. So, go and take the provided Insurance Awareness General Knowledge Online Test. Insurance Awareness Quiz Questions and Answers PDF MCQ. ANSWER: b) 1957 The General Insurance Council was established under the Indian Insurance Act 1938. Question 1. Here you can find MCQ in compensation management with answers which in the syllabus of Human resource management. a) Bank of Baroda b) Indian Bank c) Punjab National Bank d) Syndicate Bank View Answer / Hide Answer. Banking MCQ Question with Answer Banking MCQ with detailed explanation for interview, entrance and competitive exams. Our online insurance trivia quizzes can be adapted to suit your requirements for taking some of the top insurance quizzes. If the compensation policy of the organisation proves to be best then the organisation can get well motivated, loyal, efficient workforce. Here we are presenting some Insurance … Try the following multiple choice questions to test your knowledge of this chapter. View Answer (C) data item. Marketing Research MCQ. Menu. Windows 10 MCQ Questions and Answers contain set of 10 Windows 10 MCQ questions with answers which will help you to clear beginner level quiz. Explanation are given for understanding. Multiple choice Questions on Insurance and Risk Management. General Knowledge MCQ – GK Multiple Choice Quiz Questions Answers Part 1 . ... View answer. Correct answer: (A) Pure risk. Explanation are given for understanding. ANSWER: d) 1999 The Insurance Regulatory and Development Authority (IRDA) was set up as an autonomous body under the IRDA Act, 1999. Marketing Research MCQ Multiple Choice Question with Answers for preparation of MBA, BBA Academic and competitive examinations. Multiple choice Questions on Insurance and Risk Management. Fruits c. Transformers (electric) d. Grocery items Ans. Which bank is the sponsor of Prathama Gramin Bank? The earliest manifestation of … 7. Once you have answered the questions, click on 'Submit Answers for Grading' to get your results. General Insurance Question Answers Online. 2. (c) 2. Insurance Multiple Choice Questions and Answers for competitive exams. Check Insurance Awareness General Knowledge Questions from here. Do practice the Insurance Awareness GK MCQ Quiz and made it helpful at the time of examinations. Who are preparing for the competitive exams or planning to attend any interview can check the Insurance Awareness General Knowledge Online Test. 1. 6. ANSWER: a) 1750 BC The Babylonians developed a system which was recorded in the Code of Hammurabi. Reply. 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