2.
3.
4.
(2) Insurer
(3) Broker
(4) IRDA
5.
Ombudsman
IRDA Council
6.
Mr.
then Mr. X is
7.
8.
9.
(1)
Appointee
(2) Assignee
(3)
Proposer
(4) Lender
(2) 2 lakhs
(3) 3 lakhs
(4) 4 lakhs
on
his
brother
12.
(2) 2/3
14. Mr.
Client
is
not
satisfied
on
the
plan,
recommended by Mr. agent, what does the agent do
now?
(1)
(2)
(3)
(4)
15.
has
no
(2) ULIP
(4) Pension Plans
Trainee is NRI
Trainee is above 50 yrs.
Trainee undergoing composite training
Brokers
21. when does award happening, if ----------(1) The claimant refuses the Ombudsman
recommendations
(2) Insurer refuses the Ombudsman recommendations
(3) Answer (1) is correct
(4) Both (1) & (2) correct
22. Mr. X wants a life cover for the term of 20 yrs,
also he wants a modest amount if he survives thru
the term. Which plan should he buy
(1) Term Insurance
(3) ULIP
23. Mr. X offers the plan. Mr. Y accepts the order with
condition. The action of Mr. Y refers to
(1) Counter offer
(3) Partial acceptance
(2) 10 days
Post
Post
Post
Post
(2) 3yrs
Life assured is
(2) Pledged
(4) to give the SA of CI
Insurer
IRDA
(2) Client
(4) ombudsman
The
The
The
All
10
46. Who is
India?
(1)
(2)
(3)
(4)
The
The
The
Any
responsible
for
Actuaries
Profession
in
11
of
Overstating/understating
policy
information
the
regarding
benefits
of
the
51. Whether
the
following
will
disqualification of the agent
be
treated
as
doing
to the
or
misconduct
which
is
interests of the insurance
12
(2)
no
of
the
powers
IRDA
to
is
to
regulate
increase
insurance
13
is
to
create
legal
the
element
of
insurable
14
58. Indisputability
applies
to
the
following
statements.
(1) This rule applies during the first year of the
policy
(2) Policy need not be made null and void but
premium can be paid to the client in case of
breach of duty disclosure arises.
(3) Both statements are wrong
(4) Both statements are right.
products
are
bought
by
the
15
loan,
surrender
value,
16