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GK
GK Set-1
Economics
Indian Economics
118

Indian Economics MCQ (GK Set-1) with Answers

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

Indian Economics MCQ (GK Set-1) with Answers

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

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

121) Which of the following is the regulator of insurance sector in India?

RBI

AMFI

IRDA

SEBI

Answer is:

IRDA

122) Which of the following terms is NOT related to the insurance sector?

Indemnity

Coverage

Misuse Alert

Annuity

Answer is:

Misuse Alert

Indian Economics MCQ (GK Set-1) with Answers

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