1. The Premium, Paid for Whole-Life Assurance, is .... than the Premium, Paid for Term Assurance.

2. Which One of the Following, is, the Least Likely Way, that, You may benefit from Having an Understanding of Personal Finance?

3. Which One of the Following, cannot form the Basis for a Valid Consumer-Complaint?

4. Analyse the Following Two Statements, and Determine the True One(s): Statement-I: The Contingent-Event occurs Certainly, in Case of General Insurance. Statement-II: The Contingent-Event occurs Certainly, in Case of Life Assurance.

5. All of the Following Statements are False, with Respect to Unit-Linked Insurance Plans (U.L.I.P.s), Except:

6. How Would You Describe the Agreement between the Insurer and the Insured? Choose the Most Appropriate Option.

7. Mr. Poddar has used Insulated Wiring in His House, so as to Reduce the Chances of Damage, Due to Fire. Identify the Risk-Management Technique, practiced here.

8. Which One of the Following Statements, is In-Correct?

9. If a Customer is aggrieved by an Order, made by a State Commission, then, Where can, He or She appeal, against such Order?

10. Illustrate the Computation, a Person would use, to Determine the Current Value of a Desired Amount, for the Future.

11. Which One of the Following Methods of Risk- Management, is also known as Self-Insurance?

12. Identify the Option, that can be treated as a Valid Contract.

13. ... is an Example of an In-Tangible Product.

14. Look at the Following Scenarios, and Select the Ones, that need to be flagged under an Anti-Money- Laundering (A.M.L.) Programme.
I: A Customer cancels a Transaction, and requests to do a Second Transaction for Less Amount, in order to avoid providing His or Her Identity-Proof.
II: A Customer requests an Un-Usually High Dollar- Transaction, and cannot explain the Reason for the Transaction or the Source of the Cash.
III: A Customer appears Nervous and asks Un-Usual Questions about Your Record-Keeping.
IV: A Customer tries to bribe a Teller.

15. As per Insurance Regulatory and Development Authority of India (I.R.D.A.I.) (Protection of Policy- Holders' Interests) Regulations, 2017, What is the Stipulated Period, within which, Claim under a Life Assurance Policy, shall be paid or shall be disputed, provided that, the Company has received All Relevant Papers?

16. What is the Subject-Matter of Life Assurance?

17. Which One of the Following Consumer-Disputes Redressal-Agencies, entertains the Appeals from the District Forum?

18. What Does, Un-Bundling of Life Assurance Products, refers to?

19. Which One of the Following, cannot be categorised under the Risks, faced by Ordinary People?

20. Mr. Mahesh takes out an Insurance Policy on His House. He sells His House, After a Couple of Months of taking the Policy. In Case, there is Some Damage to the House, can Mr. Mahesh receive the Claim?

21. You are an Insurance-Surveyor. On Behalf of the Insurer, Why Will You survey and inspect a Property, Prior to Insurance?

22. Ms. Smita has set-up a Reserve Fund, to be used for the Repairs, in Case, the House is damaged for Some Reason. Identify the Risk-Management Technique, practiced here.

23. What is the Purpose, behind buying Insurance?

24. Insurance Act came into Effect, on ...

25. Name the Two Policy-Features, on which, Rebates on Premium can be offered by the Insurer.