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Question 1
The ratio, which describes the percentage of amount that would be charged as administrative, management, advertising, and all other expense by dividing these by average value of asset-
Question 2
Which of the following word defines a period, which falls between the date of the subscription of the policy and the first instalment received?
Question 3
Which of the principle state that the insured should not collect more than the actual cash of a loss?
Question 4
Which among the following is not the principle of insurance?
Question 5
Funds that a lender collects to receive monthly premiums in mortgage as well for paying home owners insurance, and sometimes to pay property taxes is called ____
Question 6
Under which section of insurance regulatory act 1938, the merger of an insurance company and a non-insurance firm is not allowed?
Question 7
A person must be benefited by that thing which he wants to be insured is called:
Question 8
Which of the following word/term is closely associated with the insurance business?
Question 9
The insurance companies collect a fixed amount from its customers at a fixed interval of time. What is it called?
Question 10
Who is the Present Interim Chairman of the Life Insurance Corporation of India?
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Aug 2PO, Clerk, SO, Insurance