Oriental Life Insurance Company was established in which year?
Anonymous Quiz
10%
1814
12%
1816
71%
1818
8%
1820
Oriental Life Insurance Company was established in which city?
Anonymous Quiz
28%
Bombay
22%
Madras
48%
Calcutta
2%
Nagpur
The first statutory measure in India to regulate the life insurance business
was in which year with the passing of the Indian Life Assurance Companies Act ______?
was in which year with the passing of the Indian Life Assurance Companies Act ______?
Anonymous Quiz
18%
Act of 1909
9%
Act of 1910
13%
Act of 1911
60%
Act of 1912
The Life Insurance Corporation (“LIC”) was formed in ___________ by
the Life Insurance Corporation Act, _____ (“LIC Act”) which granted LIC the
exclusive privilege to conduct life insurance business in India.
the Life Insurance Corporation Act, _____ (“LIC Act”) which granted LIC the
exclusive privilege to conduct life insurance business in India.
Anonymous Quiz
8%
September 1955
86%
September 1956
4%
September 1957
2%
September 1958
GIC undertakes mainly __________ business apart from aviation insurance ?
Anonymous Quiz
8%
Crop Insurance
65%
Re insurance
25%
Miscellaneous Insurance
2%
Engineering Insurance
Which organisation is the licensing authority for insurance companies to operate in India?
Anonymous Quiz
4%
SEBI
96%
IRDA
0%
RBI
0%
None of the above
The first general insurance company established by an "Indian" was Indian
Mercantile Insurance Company Ltd. in Bombay in _________?
The word to be noticed is "Indian"
Mercantile Insurance Company Ltd. in Bombay in _________?
The word to be noticed is "Indian"
Anonymous Quiz
21%
1905
38%
1906
27%
1907
15%
1908
These questions are asked regularly in IC 14 Exams.
Head Quarters of National Insurance Company Limited ?
Anonymous Quiz
25%
Delhi
42%
Mumbai
31%
Kolkata
2%
Chennai
In India the ________ is empowered to regulate the insurance industry.
A. Central Legislature
B. State Legislature C. State and Central Legislature combine. D. The Supreme Court of India
A. Central Legislature
B. State Legislature C. State and Central Legislature combine. D. The Supreme Court of India
Anonymous Quiz
58%
A
11%
B
20%
C
11%
D
The Insurance Councils are formed under Section ______ of the Insurance Act,
1938.
1938.
Anonymous Quiz
46%
64A
30%
64B
22%
64C
1%
64D
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Which of the following institution’s mission is to protect the interests of holders
of insurance policies?
of insurance policies?
Anonymous Quiz
10%
A. Securities and Exchange Board of India (SEBI)
90%
B. Insurance Regulatory and Development Authority (IRDA)
0%
C. Reserve Bank of India (RBI)
0%
D. Association of Mutual Funds of India (AMFI)
According to Section ______of the Insurance Act 1938, all insurers carrying on
insurance business in India will constitute a body corporate known as ‘Insurance
Association of India ?
insurance business in India will constitute a body corporate known as ‘Insurance
Association of India ?
Anonymous Quiz
36%
64 A
24%
64 B
32%
64 C
8%
64 D
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