IC14 REGULATION OF INSURANCE BUSINESS - 13

Que. 1 : Q1) Till what age can the president and members of IAT hold office ?

   1.  a) 50 years

   2.  b) 55 years

   3.  c) 58 years

   4.  d) 68 years

Que. 2 : Q2) Which one of the following is related to Money Laundering?

   1.  a) Smurfing

   2.  b) Shell Companies

   3.  c) Integration

   4.  d) All of the above

Que. 3 : Q3) Who is at present the sole authority of Reinsurance business in India?

   1.  a) National assurance Company Limited

   2.  b) The New India assurance Co. ltd.

   3.  c) General Insurance Corporation of India (GIC)

   4.  d) All of the above

Que. 4 : Q4) Appeals before the National Commission can be made within ______________ days.

   1.  a) 7

   2.  b) 15

   3.  c) 30

   4.  d) 45

Que. 5 : Q5) Who will make rules to regulate the procedure for the investigation of misbehavior or incapacity of the President and Members of the GRA ?

   1.  a) National Government

   2.  b) Central Government

   3.  c) State Government

   4.  d) District Government