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SBIL -NON- PAR

Total questions: 17

Worksheet time: 9mins

Name
Class
Date
1.

What is the maximum entry age under Smart Platina Plus plan?

a)

30 days

b)

55 years

c)

58 years

d)

60 years

2.

What is full form of SPA?

a)

Smart Platina plus

b)

Smart Platina Assuance

c)

Smart Platina Assure

d)

Smart Platina Absolute

3.

How many variants are available in Smart Platina Plus?

a)

One only

b)

Two

c)

Three only

d)

Nonw of the above

4.

What is the maturity benefit available under Smart Platina plus?

a)

110% of total premium paid

b)

Return of total premium paid + 10% interest on total premium

c)

Rs 11L

d)

SA + Bonus

e)

Both A&B

5.

What is the maximum maturity age under Smart Platina Assure plan?

a)

60 years

b)

99 years

c)

75 years

d)

18 years

6.

If customer has invested 1Lakh in smart Platina plus (Life Income) plan and taken 10 year ppt and 25 year income term. If customer dies after 5 years of taking income, how much death benefit customer's nominee will get?

a)

Death benefit plus SA

b)

Minimum 11 times death benefit + remaining income + maturity benefit

c)

Minimum 11 times of Annual premium as death benefit and remaining years of income

d)

SA + bonus

e)

None of the above

7.

Who is the regulator of insurance sector in India?

a)

IRDA

b)

RBI

c)

IRDAI

d)

SEBI

e)

PFRDA

8.

What is the maximum entry age under Smart Platina Assure (SPA)?

a)

55 Year

b)

18 Years

c)

60 Years

d)

30 days

9.

How many pay ppt/pt variants are in SPA?

a)

6/12,7/15

b)

6/12,7/15,10/20

c)

7/15,12/24,10/20

d)

7/15,10/20

10.

How many income options are available under Smart Platina Plus (SPP)?

a)

15, 25 years

b)

10,15,20,25 years

c)

15,20,25, 30 years

d)

15,20,30 years

11.

A customer age 40 invests Rs. 1.04Lakh under SPA 10/20 plan, how much he will get at maturity?

a)

Rs 22L

b)

24L

c)

25.15L

d)

25L

12.

How much GST is payable in SPP in 1st & 2nd year onwards?

a)

4.5%, 2.5%

b)

4.5%, 2.25%

c)

18%, 12%

d)

12%, 18%

13.

What is the maturity age under SPA/ SPP plan?

a)

75, 85

b)

85,99

c)

60, 70

d)

75, 99

14.

What is the sales pitch of Smart Platina Plus plan?

a)

Guaranteed income

b)

Tax Free benefit

c)

110% maturity benefit

d)

Death benefit+ Continuous income

e)

All of the above

15.

How much guaranteed addition would be added under the SPA plan if premium payable is 100000?

a)

5.75%

b)

6.25%

c)

6%

d)

6.5%

16.

What is the sales pitch of Smart Platina Assure?

a)

Maturity Benefit- Money in case you survive

b)

Increasing Death Benefit- Money for family if you are not around

c)

Loan facility- for meeting emergencies - Accident, Disease

d)

All of the above

17.

Suppose you invests Rs.1 lakh in SPA for 7 years then how much maturity benefit you get at the end of 15th year?

a)

15L

b)

14.5L

c)

13L

d)

13.65L