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Worksheets

Actuarial Science

Total questions: 15

Worksheet time: 5mins

Name
Class
Date
1.

Which among the following is the oldest insurance company of India?

a)

A.Oriental Life Insurance Company

b)

B.Life Insurance Corporation

c)

C.General Assurance Company of India

d)

D.None of them

2.

Who is the father of modern Actuarial science?

a)

A.William Morgan

b)

B.Allen Ginsberg

c)

C.Mike McNamee

d)

D. William S. Burroughs

3.

Who is the chairman of General Insurance Corporation of India?

a)

A)Debasish Panda

b)

B)M R Kumar

c)

C)Devesh Srivastava

d)

D)V Ramasamy

4.

Who is the chairman of Life Insurance Corporation?

a)

A)Debasish Panda

b)

B)M R Kumar

c)

C)Devesh Srivastava

d)

D)V Ramasamy

5.

Entomology is the science that studies___

a)

A. Behavior of human beings

b)

B.Insects

c)

C. Birds

d)

D. Rocks

6.

The price, at which an article is purchased is known as_____

a)

A. Selling price

b)

B. Cost price

c)

C. Profit

d)

D. Loss

7.

Which word does NOT belong with the others?

a)

A. Parsley

b)

B. Basil

c)

C. Dill

d)

D. Mayonnaise

8.

The most valuable Brand of 2022____

a)

A. Amazon

b)

B. Walmart

c)

C. Flipkart

d)

D. Apple

9.

Which two companies listed below are both owned by Facebook?

a)

A. Twitter and Instagram

b)

B. Snapchat and whatsApp

c)

C. whatsApp and Instagram

d)

D. Twitter and Snapchat

10.

Asia’s biggest Library is located in______

a)

A. India

b)

B. China

c)

C. Japan

d)

D. Korea

11.

Which state launched pink protection project for women safety?

a)

A. Kerala

b)

B. Tamil Nadu

c)

C. Karnataka

d)

D. Andhra pradesh

12.

India’s National vegetable

a)

A. Pumpkin

b)

B. Tomato

c)

C. Beetroot

d)

D. Onion

13.

Endowment assurance provides _____

a)

A. Death benefit

b)

B. Survival benefit

c)

C. Both Death and Survival benefits

d)

D. None of the above

14.

Which of the following is not a Redington's law?

a)

A. PVA=PVLPV_A=PV_L

b)

B. (Volatility)A=(Volatility)L(Volatility)_A=(Volatility)_L

c)

C. (DMT)A=(DMT)L(DMT)_A=(DMT)_L

d)

D. None of the above

15.

Surplus is defined as ____

a)

A. Excess value of assets over liabilities

b)

B. When turnover of the insurer is high

c)

C. Excess value of liabilities over assets

d)

D. Excess of liabilities