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Insurance Administration
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Avg score: 24% • Most missed: “The expenses which arise regularly during the policy term are called ________”
Insurance Administration
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25 Questions

1. Which one of the following statements is correct?
2. Name the Indian insurance organization which for the first time started charging normal rates of premium on Indian?
3. The first requirement of an assignment is?
4. The premium is loaded because of _______
5. Financial underwriting is done to evaluate ____
6. The danger of loss from the unforeseen circumstances in future refers to _____
7. When the amount for which a subject matter is insured is more than its actual value it is called _____
8. Premium fixed by insurance company must be sufficient to _____
9. Policy stamp needs to be affixed on the ________
10. The Oriental Life Insurance Company came to India during _____
11. Which one of the following statement is correct?
12. The expenses which arise regularly during the policy term are called ________
13. Who are the beneficiaries of Insurance?
14. Insurance is based on the principle of ___________
15. The post of chief agents and special agents was terminated in 1956 through ______
16. For introduction of a group scheme, we need a ______
17. The doctrine of contribution is corollary of _____
18. Borkers Association of India was granted recognition by IRDA on ______
19. The Insurer who grants a guarantee from the direct insurer is called as _______
20. When the same risk and subject matter is insured with more than one insurer is called as _______
21. Reinsurance also termed as ______
22. Which one of the following statements is correct?
23. The concept of average clause is applied only in the case of _______
24. The Insurance Act 1938 applicable to _________
25. LIC was formed in 1956 through nationalisation of ________ companies.

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