Q 1. A plan that is funded on a ___________ basis means that no money is invested for the plan, as retiree benefits become due the plan sponsor makes the payments directly.
Q 2. As per the Employees Pension Scheme, 1995, members on attaining the age of fifty-eight years and having rendered minimum of _____ years of contributory service qualify for superannuation fund.
Q 3. Bank of India is functioning as NP ________ and it would manage the banking of the Pension fund in accordance with applicable provisions of the Nps Lite, the schemes the guidelines/notifications, issued by PFRDA, Ministry of Finance.
Q 4. The premium guaranteed interest rate applicable to the discontinued fund/ discontinued policy account shall be at an interest rate of__________per annum.
Q 5. Under Government Employees scheme Pension is calculated by
Q 6. For unit linked products, which is a charge levied on the unit fund at the time of part withdrawal of the fund during the contract period?
Q 7. Which of the following is not a defined contribution scheme?
Q 8. Since FY 2015-16 an additional deduction on investment up to the extent of Rs.50,000 is allowed for investmens in NPS under__________
Q 9. Which is the contract of insurance wherein the Insurance Risk appraisal is done taking a group of lives as one single unit?
Q 10. A Subscriber can decide on the frequency of the contributions across the year as per his/her convenience. Say True or False.
Q 11. Which insurance is normally purchased by ceding companies for individual risks not covered, or insufficiently covered, by their reinsurance treaties, for amounts in excess of the monetary limits of their reinsurance treaties and for unusual risks?
Q 12. The amount stand ing to the credit of the subscriber in a PPF account is
Q 13. The Employees' Provident Funds and Miscellaneous Provisions Act, 1952, which applies to specific scheduled factories and establishments employing ............................ensures terminal benefits such as provident fund, superannuation pension, and other related benefits.
Q 14. Which of the following is an example of short term employee benefit?
Q 15. What is the minimum amount of yearly deposit required to open and maintain a PPF account?
Q 16. Employers contribution to the extent of ______ of the salary will not be treated as taxable perquisite in the hand s of the employees.
Q 17. Individuals can contribute to ___________ of insurers which are approved by Insurance Regulatory and Development Authority of India(IRDA) and or to the National Pension System(NPS) ?
Q 18. Group term insurance products with minimum term of 5 years shall be allowed only under the micro-insurance products provided the premiums are aligned with that of pure tern products with similar term and entry age and the maximum payment shall not ex
Q 19. Which of the following is a feature of PPF?
Q 20. Under which reinsurance ,the reinsurer#39;s share of the risk is defined for each separate policy?
Q 21. Who is not covered under National Pension scheme?
Q 22. Which insurance involves providing insurance to a group of individuals who share some common attribute, through a single policy contract?
Q 23. Which charge is exclusive of expense loadings and levied separately to cover the cost of rider cover and this charge, if any, shall be levied by cancellation of units and this charge is levied at the beginning of each policy month from the fund?
Q 24. In Public Provident Fund Scheme, the disciplined investment avenue as your money is blocked for __________.
Q 25. The Projected Unit Stand ard Contribution Rate is usually based on a ________ time period.
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