Q 1. ______ is a good strategy only when it is impossible to transfer the risk.
Q 2. CGHS is applicable to which of the following?
(i) Working central government employees
(ii) Retired central government employees
(iii) Governors
Q 3. Payment of claim amount to claimants who are non residents of India is governed by the ____________.
Q 4. Which of the following is not an essential characteristics of a will?
Q 5. ___________ is incorporated in the agreement so as to avoid court proceedings.
Q 6. Full form of HMO is ______
Q 7. The Employee State Insurance Scheme is applicable to establishments other than power using factories employing _______people.
Q 8. Which of the following is true regarding long term care insurance?
Q 9. Which clause states under what circumstances a recovery is available to the ceding insurer and the extent of that recovery?
Q 10. In health protection policies, the HCB grows at ____for each year subject to a maximum limit of 1.5 times the initial daily benefit opted for.
Q 11. To avoid liability under a policy of the life insurance two years after the policy was effected the life insurance company will have to prove ____________________.
Q 12. Which of the following statement is true regarding term insurance?
Q 13. In convertible term policies, one may choose to convert the term policy to a whole life or endowment policy _____.
Q 14. Which of the following condition is not true regarding investment condition of takaful contract?
Q 15. Amendments with the consent of both the parties is possible due to which of the following clause?
Q 17. Why there is a need for reinsurance?
Q 18. At _________, it is important to adopt good financial habits of budgeting, saving and investing.
Q 19. NPS trust holds an account with the ____________and this bank is designated as the NPS Trustee Bank.
Q 20. ____________ states that the terms on which the reinsurance business has been accepted by the reinsurer, what are the retention limits etc.
Q 21. ____________ is set of rules that is going to replace the existing Income Tax Act (IT Act).
Q 22. Employees who has subscribed to Employees Deposit Linked Insurance scheme are required to deposit ______of their annual wage bill as premium.
Q 23. The insolvency clause usually forms part of ____________clause.
Q 24. Which of the following is the most important step of financial planning?
Q 25. _________means the copy of a will certified under the seal of a court of competent jurisdiction with a grant of administration to the estate of the testator.
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