III Exams

IC23 Mock Test Sample 20

The questions cover key concepts of insurance, finance, taxation, and risk manag...

IC23 Mock Test Sample 19

Takaful investment should follow Shariah rules; incorrect statement is investmen...

IC23 Mock Test Sample 18

Employee contribution to superannuation fund is exempt under Section 80C. Reinsu...

IC23 Mock Test Sample 17

Stop loss reinsurance protects against aggregation of small losses. Guaranteed s...

IC23 Mock Test Sample 16

Pension with return of purchase price provides lifetime pension with return on d...

IC23 Mock Test Sample 15

There are three types of claims. Tax rate for ₹5–7.5 lakh is 10%. In no-death-be...

IC23 Mock Test Sample 14

Reinsurance agreements clearly define scope through standard contract wording (b...

IC23 Mock Test Sample 13

Annuity plans provide regular income in old age. Health Savings Accounts began i...

IC23 Mock Test Sample 12

Employee contribution is deductible under Section 80C. Reinsurer inspection is a...

IC23 Mock Test Sample 11

A legatee inherits property under a will. If nominee dies after assured, payment...

IC23 Mock Test Sample 10

A policy document is evidence of the contract. Estate planning ensures asset tra...

IC23 Mock Test Sample 9

Takaful contracts include all conditions (i, ii, iii). Health insurance has two ...

IC23 Mock Test Sample 8

Fire reinsurance deals with property loss/damage risks. Health protection polici...

IC23 Mock Test Sample 7

Reinsurance is the process where the insurer transfers risk to a reinsurer. Defe...

IC23 Mock Test Sample 6

Risk refers to uncertainty of undesirable outcomes. Financial planning begins wi...

IC23 Mock Test Sample 5

Life insurance for key employees is called Keyman insurance. ESIC applies to fac...