Que. 1 : Q1) Maximum Cover for Health Insurance for Individuals in case of Micro Insurance Products is
1. a) Rs 50,000
2. b) Rs 1 Lakh
3. c) Rs 30,000
4. d) Rs 3 Lakh
Que. 2 : Q2) As per current FDI norms how much is the FDI limit for the Insurance Sector
1. a) 49%
2. b) 74%
3. c) 100%
4. d) 26%
Que. 3 : Q3) The insurer will charge a fee not exceeding_____________to act on an assignment request.
1. a) Rs 1
2. b) Rs 5
3. c) Rs 100
4. d) Rs 500
Que. 4 : Q4) As per the powers given by the IRDAI Act 1999, the Central Government can supersede the _______ by issuing a notification.
1. a) LIC
2. b) SEBI
3. c) IRDAI
4. d) RBI
Que. 5 : Q5) Micro Insurance Agent can work for
1. a) Life Insurers
2. b) General Insurers
3. c) Both of the above
4. d) Reinsurers
