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General Knowledge :: Insurance Awareness

Insurance Awareness - Section-1
  1. Which was an oldest insurance company, found in 1906:
    2. A.
    LIC
    B.
    National Insurance Company
    C.
    Agriculture Insurance Company of India
    D.
    United India Insurance Company

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  2. Life Insurance Corporation was found on:
    3. A.
    1 April, 1955
    B.
    6 December, 1960
    C.
    4 September, 1956
    D.
    1 September, 1956

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  3. Headquarter of LIC is situated at:
    4. A.
    Kolkata
    B.
    Delhi
    C.
    Mumbai
    D.
    Hyderabad

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  4. Oldest (1818) life insurance company is:
    5. A.
    Postal Life Insurance Company
    B.
    Max Life Insurance Company
    C.
    Oriental Life Insurance Company
    D.
    Bharat Life Insurance Company

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  5. Insurance is listed in the Constitution of India in ______scheduled as Union List subject:
    6. A.
    Eighth
    B.
    Ninth
    C.
    Seventh
    D.
    Tenth

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  6. Insurance is legislated by:
    7. A.
    Insurance Company
    B.
    State Government
    C.
    Central Government
    D.
    Government of India

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  7. Chairman of Life Insurance Corporation of India is:
    8. A.
    Arundhati Bhattacharya
    B.
    U K Sinha
    C.
    S K Roy
    D.
    Vimal Khanna

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  8. Which of the following is not the principle of insurance:
    9. A.
    Utmost Good Faith
    B.
    Principle of Contribution
    C.
    Maximization of Profit
    D.
    Causa Proxima

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  9. In which year New India Assurance Co Ltd was found?
    10. A.
    1918
    B.
    1818
    C.
    1919
    D.
    1945

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  10. What percent are shares of New India Assurance Co Ltd owned by Government of India?
    11. A.
    50%
    B.
    85%
    C.
    99.4%
    D.
    100%

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