General Insurance MCQs and Notes
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Q 1. Under the Prime Minister’s Crop Insurance Scheme, farmers will have to pay a uniform premium of percent for Kharif crops?
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Q 2. What is the duration of time provided by RBI to LIC to reduce its stake in IDBI Bank by 10 percent?
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Q 3. Which Section of the Insurance Act 1938, allows the life insurers to call a policy into question, within the initial 3 years, on the ground of misrepresentation or fraud?
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Q 4. The banks can withdraw from DICGC coverage after a period of
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Q 5. Which of the given insurance covers are compulsory by law in India?
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Q 6. The first general insurance company was set up in which city of India?
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Q 7. The insurance law in India has its origin from which country?
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Q 8. Which among the following was the first life insurance company in India to cater to the needs of Indians?
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Q 9. The first ever life insurance industry in India was set up in which city?
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Q 10. Name the committee that recommended the entry of the private sector in the insurance business and also foreign companies be allowed entry by forming joint venture with Indian companies
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