SAGA Testing

SAGA Testing

Professional Development

10 Qs

quiz-placeholder

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SAGA Testing

SAGA Testing

Assessment

Quiz

Professional Development

Professional Development

Hard

Created by

Joydip Bhattacharjee

Used 1+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image
IN HDFC Life's SAGA - Future secure option, What is the Max. & Min. Tax-free components from the maturity value respectively? Select the correct option.
40% & 60%
60% & 20%
60% & 40%
All are incorrect

Answer explanation

Jupiter is a gas giant made primarily of hydrogen and helium. Unlike terrestrial planets that have solid surfaces, gas giants like Jupiter don't have a well-defined solid surface, allowing them to accumulate more mass in a gaseous form. This composition has allowed Jupiter to grow significantly larger than planets with solid surfaces.

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image
IN HDFC Life's SAGA - Future secure option, FLS is having a doubt in the GST rates, he come to you and asks if their is any GST applicable or not?
Not applicable
Applicable

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image
Mr. Raj is willing to purchase HDFC Life's SAGA - Future secure option. He will take Single Premium payment option and is an existing customer of HDFC Life. He contacts an FLS from the R&P channel to understand on the discount if any is available? As an FLS what will be your answer-
No discount available
2% on Premium (Excl. GST)
2% on Premium (Incl. GST)
2% addition to annuity rate

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Ms. Neetu is willing to purchase HDFC Life's SAGA - Future secure option. She will take Single Premium payment option and is an existing customer of HDFC Life. He contacts an FLS from the R&P channel to understand on the discount if any is available? As an FLS what will be your answer-
NIL
2% for all premiums if purchased online
2% for first year Premium, purchased online
All are incorrect

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Mr. Anil, age 60, purchased HDFC Life's SAGA - with Future secure option. He has opted for Single Premium of Rs. 25 lacs with 5Y Policy Term. His Premium will be growing @ 5.7% compounding P.A. What will be his maturity value ?
32.9Lacs
33.9 Lacs
30.9 Lacs
31.9Lacs

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Mr. Joydip, age 60, purchased HDFC Life's SAGA - with Future secure option. He has opted for Single Premium of Rs. 50 lacs with 5Y Policy Term. His Premium will be growing @ 5.7% compounding P.A. And his maturity is coming Rs. 65.79Lacs. At inception he opted for 60% commutation. How much amount will be annuitized?
25.31 Lacs
23.61 Lacs
23.51 Lacs
26.31 Lacs

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Mr. Pranjal, age 60, purchased HDFC Life's SAGA - with Future secure option. He has opted for Single Premium of Rs. 10 lacs with 5Y Policy Term. He opted for 5% GRR and he died in the 3rd policy year? What will be the death benefit paid to his nominee?
1167625
1157625.0000000002
1175625
1176525

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