LIC Agents Benefits

LIC Agents Benefits

Professional Development

25 Qs

quiz-placeholder

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LIC Agents Benefits

LIC Agents Benefits

Assessment

Quiz

Professional Development

Professional Development

Hard

Created by

Cayk Verma

FREE Resource

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is LIC agent profitable?
LIC Agents are the highest earning professionals of our country
LIC Agents are the highest earning professionals of our country
LIC Agents are the highest earning professionals of our country
LIC Agents are the highest earning professionals of our country

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much an LIC agent can earn?
₹ 0.3 Lakhs to ₹ 5.5 Lakhs
₹ 0.3 Lakhs to ₹ 5.5 Lakhs
₹ 0.3 Lakhs to ₹ 5.5 Lakhs
₹ 0.3 Lakhs to ₹ 5.5 Lakhs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the target of LIC agent in a year?
12 lives. Or 6 lives and 50000 premium.
12 lives. Or 6 lives and 50000 premium.
12 lives. Or 6 lives and 50000 premium.
12 lives. Or 6 lives and 50000 premium.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the highest paid LIC agent?
Jethani earns over Rs 3 crore a year in commission.
Jethani earns over Rs 3 crore a year in commission.
Jethani earns over Rs 3 crore a year in commission.
Jethani earns over Rs 3 crore a year in commission.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much an LIC agent can earn per month?
₹30,000 to ₹50,000.
₹30,000 to ₹50,000.
₹30,000 to ₹50,000.
₹30,000 to ₹50,000.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is LIC commission taxable?
if a person is engaged in the commission business, then the income from commission business shall be offered to tax under the head "Income from business and profession" and not under IFOS".
if a person is engaged in the commission business, then the income from commission business shall be offered to tax under the head "Income from business and profession" and not under IFOS".
if a person is engaged in the commission business, then the income from commission business shall be offered to tax under the head "Income from business and profession" and not under IFOS".
if a person is engaged in the commission business, then the income from commission business shall be offered to tax under the head "Income from business and profession" and not under IFOS".

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens if my LIC agent dies?
No impact on your Policy
No impact on your Policy
No impact on your Policy
No impact on your Policy

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