Question 1

____________caters specifically to the transportation of goods or merchandise packed or in bulk and shipped either by sea, air or land.

Accepted Answer

A) Hull insurance 
B) Cargo insurance 
C) Liability insurance 
D) Business insurance 
A) Hull insurance 
B) Cargo insurance 
C) Liability insurance 
D) Business insurance

Question 2

For regulation and development of the insurance sector of the country the Government has formed:

Accepted Answer

A) SEBI 
B) Reserve Bank of India 
C) Insurance Regulatory and development Authority 
D) General Insurance Corporation. 
A) SEBI 
B) Reserve Bank of India 
C) Insurance Regulatory and development Authority 
D) General Insurance Corporation.

Question 3

IRDA was constituted by which of the following committee?s recommendations

Accepted Answer

A) Singh Committee 
B) Malhotra Committee 
C) Sahota Committee 
D) None of these 
A) Singh Committee 
B) Malhotra Committee 
C) Sahota Committee 
D) None of these

Question 4

The term „ Risk? includes:

Accepted Answer

A) Damage to machinery and property 
B) Impact on the health of life of a person 
C) Leakage of toxic products in the atmosphere 
D) All of the above 
A) Damage to machinery and property 
B) Impact on the health of life of a person 
C) Leakage of toxic products in the atmosphere 
D) All of the above

Question 5

Which one of the following statements is correct?

Accepted Answer

A) The principle of utmost good faith applies only to life insurance 
B) The principle of utmost good faith applies only to non-medical cases 
C) The principal of utmost good faith is operative only for two years 
D) All the above statements are incorrect 
A) The principle of utmost good faith applies only to life insurance 
B) The principle of utmost good faith applies only to non-medical cases 
C) The principal of utmost good faith is operative only for two years 
D) All the above statements are incorrect

____________caters specifically to the transportation of goods or merchandise packed or in bulk and shipped either by sea, air or land.

For regulation and development of the insurance sector of the country the Government has formed:

IRDA was constituted by which of the following committee?s recommendations

The term „ Risk? includes:

Which one of the following statements is correct?

Banking Terms and Concepts: From Demand Deposits to Central Banks and Rtgs

Banking and Finance Terminology

Banking and Cheque-Related

Banking Terminology and Functions

Banking and Insurance

Understanding Insurance and Its Components

Insurance Policy Types and Terms

Insurance Terminology and Concepts

Banking History and Classification in India

Banking and Financial Services: A Compilation of Questions

Banking and Finance FAQS

Various Questions on Banking and Reserve Bank of India

Banking, Monetary Policy, Cooperative Banks, Credit Control, Insurance, and Risks

Insurance Principles, Functions, and Benefits

Understanding Principles and Types of Insurance Policies

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Exam 15: Insurance Sector and Policies: A Comprehensive Overview

____________caters specifically to the transportation of goods or merchandise packed or in bulk and shipped either by sea, air or land.

For regulation and development of the insurance sector of the country the Government has formed:

IRDA was constituted by which of the following committee?s recommendations

The term „ Risk? includes:

Which one of the following statements is correct?

Banking Terms and Concepts: From Demand Deposits to Central Banks and Rtgs

Banking and Finance Terminology

Banking and Cheque-Related

Banking Terminology and Functions

Banking and Insurance

Understanding Insurance and Its Components

Insurance Policy Types and Terms

Insurance Terminology and Concepts

Banking History and Classification in India

Banking and Financial Services: A Compilation of Questions

Banking and Finance FAQS

Various Questions on Banking and Reserve Bank of India

Banking, Monetary Policy, Cooperative Banks, Credit Control, Insurance, and Risks

Insurance Principles, Functions, and Benefits

Understanding Principles and Types of Insurance Policies

Filters