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GK
GK Set-1
Economics
Indian Economics
124

Indian Economics MCQ (GK Set-1) with Answers

124) The insurance companies collect a fixed amount from its customers at a fixed interval of time. What is it called?

Instalment

Contribution

Premium

EMI

Answer is:

Premium

Indian Economics MCQ (GK Set-1) with Answers

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

125) Which of the following is/are the various types of insurance?

Life insurance

Life insurance and Health insurance

Health insurance and Liability insurance

All the three

Answer is:

All the three

126) Which of the following insurance companies gives the slogan Prithvi, Agni, Jal, Akash - Sab ki Surakhsa Hamare Paas?

Life Insurance Corporation

Oriental Insurance Company

New India Assurance

General Insurance Company

Answer is:

Oriental Insurance Company

127) With which of the fields is actuarial science associated?

Insurance

Banking

Micro-finance

Space technology

Answer is:

Insurance

128) Which of the following terms is used in the field of finance and banking?

Elasticity

Inflation

Pulse rate

Hot waves

Answer is:

Inflation

Indian Economics MCQ (GK Set-1) with Answers

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