FIS - LIC & GIC

The central office of the Life Insurance Corporation of India (LIC) is located at

• 1) Kolkata

• 2) New Delhi

• 3) Chennai

• 4) Pune

• 5) Mumbai

If an organization wishes to venture into Insurance Business it has to obtain a licence first from which of the following ?

• 1) Indian Banks Association (IBA)

• 2) Security and Exchange Board of India (SEBI)

• 3) Tariff Advisory Committee (TAC)

• 4) Insurance Regulatory and Development Authority of India (IRDAI)

• 5) None of these

Which of the following insurance companies writes its punch line in the advertisements “Insurance is the subject matter of solicitation” ?

• 1) CIC

• 2) LIC

• 3) ING Vysya Life InsuranceCo.

• 4) Tata AIG Life Insurance Co

• 5) None of these

Which of the following was the parent company of New India Assurance ?

• 1) LIC

• 2) GIC

• 3) Oriental Insurance Co. Ltd.

• 4) United India Insurance

• 5) None of these

Which of the following words/ terms is closely associated with the insurance business

• 1) Archives

• 2) Donation

• 3) Actuary

• 4) Quest

• 5) All are associated with insurance

Which is the sole reinsurance company in the Indian insurance market ?

• 1) United India Insurance Company Limited

• 2) General Insurance Corporation of India

• 3) New India Assurance Company Limited

• 4) The Oriental Insurance Company

• 5) Life Insurance Corporation of India

Which of the following is the only public sector company in the field of life insurance?

• A General insurance company

• B New India assurance company

• C Oriental insurance company

• D Life Insurance Corporation of India

Which of the following is the regulator of insurance sector in India?

• A RBI

• B AMFI

• C IRDA

• D SEBI

With which of the fields is actuarial science associated?

• A Insurance

• B Banking

• C Micro-finance

• D Space technology

A missing person is considered to be dead after how many years of missing ?

• A 3years

• B 5years

• C 15 years

• D 7years