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GK
GK Set-1
Economics
Indian Economics
116

Indian Economics MCQ (GK Set-1) with Answers

116) Which of the following types of companies/organisations issue ULIP?

Insurance companies

Banks

NABARD

RBI

Answer is:

Insurance companies

Indian Economics MCQ (GK Set-1) with Answers

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Related Indian Economics MCQ (GK Set-1) with Answers

117) Which amongst the following is not an insurance company functioning in India?

ICICI prudential

ING Vysya

National Securities Depository Limited

New India Assurance company

Answer is:

National Securities Depository Limited

118) Which of the following is the only public sector company in the field of life insurance?

General insurance company

New India assurance company

Oriental insurance company

Life Insurance Corporation of India

Answer is:

Life Insurance Corporation of India

119) "A contract that pledges payment of an agreed upon amount to the person (or his/her nominee) on the happening of an event covered against" is technically known as

Death coverage

Life insurance

Savings for future

Provident fund

Answer is:

Provident fund

120) With which of the following did the State Bank of India enter into a joint venture agreement for undertaking general insurance business?

New India Assurance Ltd.

Insurance Australia Group

Lehman Brothers Holdings Inc.

Allianz

Answer is:

Insurance Australia Group

Indian Economics MCQ (GK Set-1) with Answers

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