| 1 |
Insurance is an agreement in which the insurer: |
- A. Gives profit
- B. Give interest
- C. Compensates loss
- D. All the above
|
| 2 |
The voyage policy is taken for |
- A. Specific voyage
- B. Specific centres
- C. Specific person
- D. Voyage of different countries
|
| 3 |
Kinds of fire insurance: |
- A. Voyage and time insurance
- B. Specific and floating policy
- C. Fleet and valued policy
- D. Endowment and term life policy
|
| 4 |
According to Jiwan Sathi insurance,, the husband and wife are provided with financial security in: |
- A. One installment
- B. Two installment
- C. Three installment
- D. Fourinstallment
|
| 5 |
The company that insures is called: |
- A. Insured
- B. Acceptor
- C. Proposer / Insurer
- D. Business company
|
| 6 |
If a person gets his property insured from to different company's then it is called: |
- A. Whole life insurance
- B. Double insurance
- C. Compensatory insurance
- D. None of these
|
| 7 |
On the death of the insured, sum is paid to: |
- A. Friends
- B. Dependents
- C. Relatives
- D. Insurer
|
| 8 |
The objective of life insurance is to |
- A. Make investment
- B. Lessen the financial burden
- C. Get security for loan
- D. All the above
|
| 9 |
The company that insures is called |
- A. Insured
- B. Acceptor
- C. Propose/ Insurer
- D. Business company
|
| 10 |
Types of accidental in insurance are |
- A. Four
- B. Two
- C. Three
- D. One
|
