..:: IRDAI on Banking Awareness related Questions and Answers

IRDAI on Banking Awareness related Questions and Answers

Question 1 : Which among the following is correct about LIC's absorption:
1. 154 Indian insurers
2. 16 non - Indian Insurers and 75 provident societies
3. 245 Indian and foreign insurers in all
4. All of The Above
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Question 2 : Life Insurance Corporation (LIC) was came into existence in_______
1. 1955
2. 1956
3. 1957
4. None of The Above
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Question 3 : An Ordinance was issued on ________nationalizing the Life insurance sector:
1. 19 July, 1956
2. 19 January, 1956
3. 2 October, 1956
4. None of The Above
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Question 4 : Oriental Life Insurance company was established at:
1. Delhi
2. Lahore
3. Calcutta
4. None of The Above
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Question 5 : In 1818, _________company was established
1. Oriental Life Insurance Company
2. Britain Insurance Company
3. Standard Insurance Company Limited
4. None of The Above
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Question 6 : Insurance Repository is:
1. It is a facility to help policy holders.
2. It provides the facility, buy and keep insurance policies in electronic form rather than as a paper document
3. Insurance repositories like share depositories or mutual fund transfer agencies will hold electronic records of insurance policies issued to individuals and such policies are called "electronic policies" or "e - policies
4. All of The Above
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Question 7 : Who announced the term insurance repository system in India
1. Prime Minister
2. Finance Minister
3. T.S. Vijayan
4. None of The Above
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Question 8 : Head office of IRDAI was transferred from Delhi to Hyderabad in ______
1. 2002
2. 2004
3. 2001
4. None of The Above
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