Insurance MCQs | Insurance Multiple Choice Questions with Answers
Questions
61
Which of the following insurance companies gives the slogan Prithvi, Agni, Jal, Akash - Sab ki Surakhsa Hamare Paas?
Answer: Oriental Insurance Company
62
Which of the following words/ terms is closely associated with the insurance business
Answer: Actuary
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63
Which is a fixed amount for a covered service in the health sector?
Answer: Copay
65
In pursuance of which one of the following was the General Insurance Corporation of India was formed?
Answer: General Insurance Business (Nationalization) Act, 1972
66
Which amongst the following is not an insurance company functioning in India?
Answer: National Securities Depository Limited
67
“A contract that pledges payment of an agreed upon amount to the person (or his/her nominee) on the happening of an event covered against” is technically known as
Answer: Life insurance
68
With which of the following did the State Bank of India enter into a joint venture agreement for undertaking general insurance business?
Answer: Insurance Australia Group
69
Which of the following is the regulator of insurance sector in India?
Answer: IRDA
70
The New India Assurance Company was established in 1919 by
Answer: Dorab Tata
