WorksheetsWMS for PPT 2022-23
Total questions: 45
Worksheet time: 23mins
Name
Class
Date
1.
Our Bank is having tie-up with ___________ for offering Standalone Health Insurance to our Customers
a)
IndiaFirst Life Insurance Co. Ltd.
b)
Bax Bupa Health Insurance Co.Ltd.
c)
Chola MS
d)
Nuva Bupa Health Insurance Co. Ltd.
2.
Our Bank is having tie-up with ___________ for offering General Insurance to our Customers
a)
Bax Bupa
b)
Star Health and Allied Insurance Co. Ltd.
c)
National Insurance Co. Ltd.
d)
IndiaFirst Life Insurance Co. Ltd.
3.
Our Bank is having tie-up with ___________ for offering Life Insurance to our Customers
a)
National Insurance Co. Ltd.
b)
IndiaFirst Life Insurance Co. Ltd.
c)
Bax Bupa
d)
Chola MS
4.
IndiaFirst Life Insurance Co. Ltd. Is a Joint Venture between __________ .
a)
Bank of Baroda, Union Bank and Carmel Investment India Pvt. Ltd./ Warburg Pincus
b)
Bank of Baroda and Carmel Investment India Pvt. Ltd./ Warburg Pincus
c)
Bank of Baroda and Union Bank
d)
Union Bank and Carmel Investment India Pvt. Ltd./ Warburg Pincus
5.
Percentage share of our Bank in IndiaFirst Life Insurance Co. Ltd. Is __________ .
a)
29.53
b)
27.17
c)
43.3
6.
Bank of Baroda has partnered with __________ to form Mutual Fund Company
a)
BNP Paribas Asset Management
b)
Union Bank
c)
HDFC Bank
d)
SBI Asset Management
7.
_________________ Division of our Bank offers various products like Demat, ASBA, Loan against securities, Baroda e-trade account etc. under one umbrella.
a)
Digital Banking Division
b)
Capital Market Division
c)
Sales & Marketing Division
d)
None of these
8.
_________________ enables investors to apply in IPO, FPO, Bonds & Debentures and trade in shares and securities.
a)
Saving Bank Account
b)
Current Account
c)
Demat Account
d)
Trading Account
9.
As per IRDA requirement only Certified Employee called ____________________________ can do the sales/ distribution of Life Insurance Products.
a)
Bank Officer (BO)
b)
Designated Persons (DP)
c)
Right Persons (RP)
d)
Specified Perions (SP)
10.
The Branches should log all new applications and renewal premium collection through __________ menu only.
a)
INDIAFirst
b)
INDIAF
c)
INDFIRST
d)
INDIA
11.
___________________ is a Mobile App introduce by InidaFirst Life Insurance Co. Ltd. Which helps in planning Life Time Goals and Retirement Solutions.
a)
WealthFirst
b)
IndiaWealth
c)
IndiaFirst Wealth
d)
Wealthify
12.
_______________________ is the Global, Independent Association of the world's leading life insurance and financial service professionals.
a)
MDRT
b)
MDR
c)
MDRAT
d)
None of these
13.
Only ___________________ can be enrolled under MDRT
a)
Specified Perions (SP)
b)
Bank Officer (BO)
c)
Designated Persons (DP)
d)
Right Persons (RP)
14.
For MDRT Program - 2022, Threshold Target for qualifying the Million Dollar Round Table level is __________ .
a)
Rs.55 Lakhs
b)
Rs.100 Lakhs
c)
Rs.150 Lakhs
d)
Rs.75 Lakhs
15.
For MDRT Program - 2022, Threshold Target for qualifying the Top of Table (TOT) level is __________ .
a)
Rs.150 Lakhs
b)
Rs.100 Lakhs
c)
Rs.170 Lakhs
d)
Rs.330 Lakhs
16.
For MDRT Program - 2022, Threshold Target for qualifying the Court of Table (COT) level is __________ .
a)
Rs.50 Lakhs
b)
Rs.170 Lakhs
c)
Rs.165 Lakhs
d)
Rs.300 Lakhs
17.
Our Bank has launched a life insurance dashboard called _______________, a database of all our potential customers who can buy life insurance from our Bank.
a)
Radiance
b)
Sampark
c)
Qlick
d)
Dlink
18.
________________ is insurance against the risk of incurring medical expenses.
a)
General Insurance
b)
Life Insurance
c)
Health Insurance
d)
None of these
19.
A Corporate Agent can distribute insurance products of maximum ____________ companies in each category i.e. Life, General and Health Insurance
a)
2
b)
3
c)
4
d)
5
20.
_____________ is a cost-sharing essential that comes under a health insurance policy and as per that a specified percentage of the admissible cost will be borne by the insured.
a)
Co-pay
b)
Co-coverage
c)
Co-Insurance
d)
None of these
21.
_____________ is the amount that the insured must pay Out-of-Pocket before the health insurer pays its share.
a)
Co-pay
b)
Capitation
c)
Sum issured
d)
Deductible
22.
____________ means a definite period of time coming immediately after the premium due date during which the payment should be made in order to avoid discontinuity of policy benefits.
a)
Grace Period
b)
Policy Period
c)
Expiry Period
d)
None of these
23.
_____________ means the sum which represents maximum total and cumulative liability of insurere for any and all claims under the policy during the policy period.
a)
Total Insurance
b)
Sum insured
c)
Cumulative Insurance
d)
Whole insured
24.
Insurance contracts that do not come under the ambit of life insurance are called ___________________ .
a)
Common Insurance
b)
Non Insurance
c)
General Insurance
d)
Combined Insurance
25.
Full form of AMFI is _____________________ .
a)
Association of Marketing Funds in India
b)
Association of Marketing Federation of India
c)
Association of Mutual Fund Investors
d)
Association of Mutual Funds in India
26.
_______________ is a trust that pools the savings of a number of investors who share a common financial goal and then invest the money collected in capital market instruments.
a)
Share Fund
b)
Mutual Fund
c)
Market Fund
d)
Money Fund
27.
Our Bank is a distributor of Mutual Fund having ARN (AMFI Registration Number) ___________ .
a)
35783
b)
11225
c)
21521
d)
25925
28.
_________________ is a mode of payment or a way of systematic investment in any Mutual Fund Scheme
a)
System Induce Payment
b)
Systematic Insurance Payment
c)
Systematic Investment Plan
d)
Systematic Investment Procedure
29.
As per SEBI guideline any persons engaged in sales and/ or distribution of mutual fund products are required to obtain certification from ____________ .
a)
MFAI
b)
NIBM
c)
NSMA
d)
NISM
30.
To act as Corporate Agent of tie-up insurance company, IRDAI has issued a Certificate of Registration (CoR) to our Bank having number _____________ .
a)
CA0005
b)
CA0001
c)
CA0003
d)
CA0004
31.
Companies which are coming out with initial public offers appoint a Bank which acts as a __________________-
a)
Banker to the issue
b)
Company Banker
c)
Divident & Interest Bank
d)
None of these
32.
For collecting premium of life insurance above Rs. _____________ PAN is mandatory.
a)
10000
b)
20000
c)
50000
d)
100000
33.
Weightage of Single Premium under MDRT 2021 Program is ___________ .
a)
1
b)
0.1
c)
0.06
d)
0.02
34.
Maximum penalty which can be imposed on Corporate Agent for violation of code of conduct specified by IRDAI is __________
a)
5 Crore
b)
2 Crore
c)
10 Crore
d)
1 Crore
35.
Which of the following is not cover under Motor Insurance
a)
Third Party Cover
b)
Total Loss of Vehicle
c)
Partical Damage of Vehicle
d)
Depreciation, Wear and Tear
36.
Which of the following is not a consitituent of WMS in our Bank
a)
e-trade
b)
PPF
c)
Insurance
d)
Mutual Fund
37.
At present our Bank done not have tie-up with following AMC
a)
Quantum Mutual Fund
b)
CanaraRobeco Mutual Fund
c)
Franklin Mutual Fund
d)
LIC Mutual Fund
38.
Full form of MDRT is __________ .
a)
Millenium Dollar Round Table
b)
Multi Dollar Round Table
c)
Million Dollar Round Table
d)
Multi Dimentional Round Table
39.
“Being disrespectful towards customers” is a non- conforming behavior of which Core Value
a)
Integrity
b)
Cutomer Centricity
c)
Courage
d)
Excellence
40.
“Being the Gold Standard in quality of work” is a conforming behavior of which Core Value
a)
Integrity
b)
Cutomer Centricity
c)
Courage
d)
Excellence
41.
“Challenging the status-quo” is a conforming behavior of which Core Value
a)
Innovation
b)
Cutomer Centricity
c)
Courage
d)
Excellence
42.
“Acting decisively in the face of challenges” is a confirming behavior of which Core Value
a)
Passionate Ownership
b)
Cutomer Centricity
c)
Courage
d)
Excellence
43.
“Truly Knowing Your Customer” is a conforming behavior of which Core Value
a)
Integrity
b)
Cutomer Centricity
c)
Courage
d)
Excellence
44.
“Failure to maintain confidentiality of information” is a non-conforming behavior of which Core Value
a)
Integrity
b)
Cutomer Centricity
c)
Courage
d)
Excellence
45.
“Refusal to accept personal favours from customers” is a conforming behavior of which Core Value
a)
Integrity
b)
Cutomer Centricity
c)
Courage
d)
Excellence
100 %
