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Category: IC24 – LEGAL ASPECTS OF LIFE ASSURANCE – 08

IC24 – LEGAL ASPECTS OF LIFE ASSURANCE – 08

Que. 1 : Q1) As observed by Supreme Court, Public policy or the policy of law is an illusive concept, it has been described as an

   1.  a) unworthy guide

   2.  b) variable quality

   3.  c) uncertain one

   4.  d) All of these

Que. 2 : Q2) The applicant, if not satisfies by the reason given by the CPIO/SPIO/Appellate Authority for rejection of information request under RTI, May complain to the ___________.

   1.  a) Principal

   2.  b) Agent

   3.  c) Central Information Commissioner

   4.  d) High Court Judge

Que. 3 : Q3) An assembly of five or more persons is designated as ‘unlawful assembly’ if their common object is to overawe the Government or to commit any offence, and if the activity of the assembly is accompanied by use of violence, then it is called______ .

   1.  a) Riot

   2.  b) Breach of law

   3.  c) flap

   4.  d) Protest

Que. 4 : Q4) The amount paid by the insurance company at the end of the tenure of the plan, provided the life assured survives, is known as __________.

   1.  a) Death claim

   2.  b) Maturity claim

   3.  c) Rider Benefit

   4.  d) None of these

Que. 5 : Q5) Which act aims at maintaining a hormonious relationship between the employers and employees?

   1.  a) Shops and Establishment Acts

   2.  b) Workmen’s Compensation Act

   3.  c) Industrial Disputes Act, 1947

   4.  d) Payment of Gratuity Act, 1972