IC83 GROUP INSURANCE - 15
| Q1.Which is also known as No Evidence Limit? |
| a) Dependent Insurance |
| b) Riders |
| c) Free Cover Limit |
| d) Evidence of Insurability |
| Q2.Which pension refers to a pension payable under normal circumstances/by default? |
| a) Life Pension |
| b) Normal Pension |
| c) Guaranteed Pension |
| d) Joint Pension |
| Q3.The _____ paid to agents or corporate agents in respect of a group insurance policy shall not exceed the percentage approved by IRDA. |
| a) Norms |
| b) Premium |
| c) Commission |
| d) None of these |
| Q4.A NPS subscriber who is not satisfied with the services offered, or has any other grievance, can lodge his complaint using |
| a) IGMS |
| b) CGMS |
| c) SCORES |
| d) SAT |
| Q5.Insurers in India are often offering which of the following riders? |
| a) Accidental death cover |
| b) Critical illness cover |
| c) Some partial disability benefits |
| d) All of the above |
| Q6.An investor under the new pension scheme can choose which of the following asset classes |
| a) Equities |
| b) Corporate debt |
| c) Government Securities |
| d) Any of the above |
| Q7.___ is an arrangement established by employers to provide pension and related benefits for their employees. |
| a) Occupational pension |
| b) Gratuity |
| c) Bonus |
| d) Employee stock option |
| Q8.In Pradhan Mantri Suraksha Bima Yojna, It has an annual premium of ___ excluding service tax, which is about 14% of the premium. |
| a) Rs.12 |
| b) Rs.120 |
| c) Rs.330 |
| d) Rs.500 |
| Q9.In case of discontinuance of policy after the lock-in period, the insurer shall offer a revival period of ____ from the date of discontinuance of premium. |
| a) 2 years |
| b) 3 years |
| c) 4 years |
| d) 5 years |
| Q10.The employee's share of contribution under the ESI Act is |
| a) 12% |
| b) 8.33% |
| c) 1.75% |
| d) 4.75% |
