Basics Of Banking And Insurance Set 9

Bachelor of Commerce (B Com)

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This set of Basics of Banking and Insurance Multiple Choice Questions & Answers (MCQs) focuses on Basics Of Banking And Insurance Set 9

Q1 | Committee of Reforms in Insurance sectors during 1993 headed by...........
Q2 | The danger of loss from the unforeseen circumstances in future refers to
Q3 | The principle of ‘prevention is better than cure’ refers to
Q4 | When the subject is partially lost by a peril insured against, it is called..........
Q5 | Cargo ship caught by fire is an example of
Q6 | Under fire insurance, loss of profit policy is also called
Q7 | Rashtriya Krishi Yojana of crop insurance scheme introduced in India in the year
Q8 | Motor vehicle insurance is compulsory under Motor Vehicle Act, which was enacted in...
Q9 | Motor vehicle Insurance had its beginning in
Q10 | Organisation structure of LIC is
Q11 | IRDA shall consist of note more than...........
Q12 | “Uberrimae Fidei” means
Q13 | ........... is the oldest insurance
Q14 | Boiler insurance policy coming under
Q15 | In life insurance, instalment policy is also known as
Q16 | In insurance, “Causa Proxima” means
Q17 | Which of the following is not a life insurance policy of LIC
Q18 | In India Insurance business are regulated by
Q19 | In insurance, NAIS stands for
Q20 | NAIS launched in 1999 is being implemented through
Q21 | There are........ associated companies of GIC
Q22 | Crop insurance Scheme was introduced by Government of India in the tear
Q23 | ........... is document issued to the insured in advance of the policy
Q24 | ............... is the amount which the insurer is prepared to pay before the date ofmaturity of policy.
Q25 | Risks are not suited to treatment by insurance refers to
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