| 1 |
If a person having a property of two lakhs and insurance of fifty thousand, then in case of loss the company will pay: |
- A. 25 thousand
- B. 50 thousand
- C. 1 lakh
- D. Nothing
|
| 2 |
Group insurance is popular among: |
- A. Unemployed people
- B. Employees of business organizations
- C. House wives
- D. All the above
|
| 3 |
The voyage policy is taken for |
- A. Specific voyage
- B. Specific centres
- C. Specific person
- D. Voyage of different countries
|
| 4 |
What type of security does life insurance offer |
- A. Individual
- B. Collective
- C. Both a and b
- D. None of a and b
|
| 5 |
Insurance is an agreement in which the insurer |
- A. Gives profit
- B. Gives interest
- C. Compensates loss
- D. All the above
|
| 6 |
In Pakistan, life insurance business was nationalized in |
- A. 1970
- B. 1972
- C. 1973
- D. 1978
|
| 7 |
Why is public not inclined towards insurance in Pakistan ? |
- A. Due to ignorance
- B. Due to poverty
- C. Due to economic backwardness
- D. All three
|
| 8 |
The time period of rural insurance policy is |
- A. 15 - 20 years
- B. 10 - 15 years
- C. 20 - 25 years
- D. More than 25 years
|
| 9 |
Group insurance is popular among |
- A. Unemployed people
- B. Employed of business organizations
- C. House wives
- D. All the above
|
| 10 |
On the death of the insured, sum is paid to: |
- A. Friends
- B. Dependents
- C. Relatives
- D. Insurer
|
