Day 8

Identify the correct documents required to login a new business proposal from the list below: 1. Clear Colored Photograph 2. Identity Proof 3. PAN Card 4. Age Proof 5. Address Proof 6. Standard Income Proof 7. Questionnaires (as applicable)

• Only 1, 2 and 3

• Only 2, 4, 5, 6 and 7

• All the documents are required

Digital colour photograph is not accepted during the new business login journey.

• TRUE

• FALSE

A separate age proof is mandatory even if the DOB is mentioned on the acceptable identity proof.

• TRUE

• FALSE

Voter's Id card can be used as an age proof.

• True

• False

PAN card can be used as an identity proof.

• True

• False

Expired passport can be used as a valid age proof.

• True

• False

While analysing the allowable protection cover, the following details of LA needs to be considered: 1. Existing insurance policies 2. Only ‘Earned Income’ (and not Gross Income)

• True

• False

Standard income proof is mandatory for the SA up to Rs. 75 Lakhs for Savings plan

• True

• False

Which of the following is the standard acceptable income proof for the salaried prospect? 1. Form 16 for latest 2 years 2. Salary slip 3. Last 2 years ITR with CA certified computation of income

• only 1

• only 1 and 2only 1 and 2

• All 3

Who of the following are eligible for NML under Savings Plans? A. Male Lives – Salaried & Self Employed B. Female Lives – Salaried/Professionals

• Only A

• Only B

• Both A & B