IC38 - HEALTH INSURANCE AGENT EXAM - 20
| Q1.Which of the below consumer grievance redressal agencies would handle consumer disputes amounting to Rs. 20 lakhs and Rs. 100 lakhs? |
| a) District Forum |
| b) State Commission |
| c) National Commission |
| d) Zilla Parishad |
| Q2.On Which Date, was, Consumer Protection Act, formed? |
| a) 11th April 1974 |
| b) 24th December 1968 |
| c) 24th December 1986 |
| d) 22nd November 1968 |
| Q3.The Principle of Indemnity is Applicable to --. |
| a) Life Assurance |
| b) General Insurance |
| c) Life Assurance and General Insurance |
| d) Neither Life Assurance, Nor General Insurance. |
| Q4.Underwriting Process is said to be complete once__ |
| a) All the critical information related to the health and personal details of the proposer are collected through the proposal form |
| b) All the medical examinations and tests are completed |
| c) Received information such as Proposal forms, Medical records are carefully assessed and classified into appropriate risk categories |
| d) Policy is issued after risk selection and pricing |
| Q5.Which One of the Following Bodies regulates the Banks in India? |
| a) Reserve Bank of India (R.B.I.) |
| b) Securities and Exchange Board of India (S.E.B.I.) |
| c) Insurance Regulatory and Development Authority of India (I.R.D.A.I.) |
| d) Association of Mutual Funds in India (A.M.F.I.) |
| Q 6.In Case: the Proposer or Policy-Holder opts for Premium-Payment, through Net-Banking or Credit-Card or Debit-Card, the Payment must be made, through Net-Banking Account or Credit- Card or Debit-Card issued, in the Name of __. |
| a) Proposer or Policy- Holder |
| b) Proposer or Policy- Holder or Any Blood- Relative |
| c) Proposer or Policy- Holder or Any Family- Member |
| d) Any of the Above. |
| Q7.The most peripheral public health institution available to the rural health population is |
| a) Rural dispensary |
| b) Sub-Centre |
| c) Primary Health Centre |
| d) Community Health Centre |
| Q8.Which of the following Fidelity Guarantee policies is usually granted to large reputable firms to cover the entire staff? |
| a) Floating policy |
| b) Collective policy |
| c) Blanket policy |
| d) Positions policy |
| Q9.Sum insured under an insurance policy means |
| a) It is the agreed value of subject-matter insured |
| b) The amount payable when there is a loss |
| c) The amount on which the premium is calculated |
| d) The maximum limit of liability under the policy |
| Q10.In householders insurance |
| a) Gold and silver ornaments are covered |
| b) Contents of one shop is covered |
| c) Cars owned by the family are covered |
| d) Parcels sent by post are covered during transit. |
