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AnkitTeacher
Asked: August 7, 2021In: Business & Finance

Which insurance company recently waives off charges on credit card payments?

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a. Bharti AXA Life Insurance b. Star Health Insurance c. Tata AIG General Insurance d. Life Insurance Corporation of India e. None of these

InsuranceInsurance AwarenessLIC Assistant Exam
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Ankit
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AnkitTeacher
Asked: August 7, 2021In: Business & Finance

As per the Insurance Act, every insurer has to prepare at the end of financial year

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a. Balance Sheet b. Profit and Loss Account c. Revenue Account for each class of Insurance business d. Accounts of receipts and payments in respect of shareholders’ funds e. All of the above

InsuranceInsurance AwarenessLIC Assistant Exam
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Ankit
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AnkitTeacher
Asked: August 7, 2021In: Business & Finance

Select the expanded form of SV as commonly used in life Insurance

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a. Summary Valuation b. Selected Value c. Surrender Value d. Stamp Value e. Survivor Value

InsuranceInsurance AwarenessLIC Assistant Exam
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Ankit
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AnkitTeacher
Asked: August 7, 2021In: Business & Finance

In which Policy, the insurer agrees to pay the assured or his nominees a specified sum of money on his death or on the maturity of the policy whichever is earlier?

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a. Money Back Plan b. Endowment Plans c. Annuity Policy d. Unit-linked insurance plan e. Micro Insurance Plans

InsuranceInsurance AwarenessLIC Assistant Exam
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Ankit
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AnkitTeacher
Asked: August 7, 2021In: Business & Finance

In which Policy, if the policyholder survives till the end of this period, the risk cover lapses, and no insurance benefit payment is made to him/her?

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a. Money Back Plan b. Endowment Plans c. Term Insurance Plans d. Unit-linked insurance plan e. Micro Insurance Plans

InsuranceInsurance AwarenessLIC Assistant Exam
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Ankit
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AnkitTeacher
Asked: August 7, 2021In: Business & Finance

Which product offered by insurance companies that, unlike a pure insurance policy, gives investors both insurance and investment under a single integrated plan?

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a. Money Back Plan b. Endowment Plans c. Term Insurance Plans d. Unit-linked insurance plan e. Micro Insurance Plans

InsuranceInsurance AwarenessLIC Assistant Exam
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Ankit
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AnkitTeacher
Asked: August 7, 2021In: Business & Finance

Select the expanded form of SA as commonly used in life insurance

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a. Sum Assured b. Surrender of Assurance c. Supplementary Assurance d. Stamp Act e. Survivor’s Annuity

InsuranceInsurance AwarenessLIC Assistant Exam
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Ankit
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AnkitTeacher
Asked: August 7, 2021In: Business & Finance

A nomination can be made only in favour of

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a. Parents b. Spouse and children c. Spouse d. Parents, spouse and children e. Any individual

InsuranceInsurance AwarenessLIC Assistant Exam
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Ankit
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AnkitTeacher
Asked: July 10, 2021In: Computers and Internet

Who Is the Father of Computer?

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[A] Alexander Graham Bell [B] Philo Taylor Farnsworth [C] Charles Babbage [D] John F. Mitchell and Martin Cooper

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Ankit
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AnkitTeacher
Asked: July 10, 2021In: General knowledge

Who Invented the Steam Engine?

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Thomas Savery James Watt Richard Trevithick Rudolf Diesel

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