CSC VLE Insurance Exam Question Answer Key 2023 [Updated] - 100% Pass Guarantee

CSC VLE Insurance Exam Question Answer Key 2023 - All Questions & Answers [Updated]

 

आज की इस पोस्ट में हम CSC VLE Insurance Exam Question Answer Key 2023 से जुड़े सवाल और उनके जवाब लेकर आये हैं. सभी सवालों को ध्यान से पढ़ें और इनके उत्तर भी इनके साथ ही दिए गए हैं. उम्मीद करते हैं इनसे आपकी काफी मदद हो सकती है.

 

 

CSC VLE Insurance Exam Question Answer Key 2023 - Updated List

Q. Generally a person seeking insurance writes a form to the insurer and applies for
insurance. This form is known as ______
Ans. proposal form.

Q. In any contract if there is an offer and acceptance , what is the third condition that
must be fulfilled to make it a complete contract ?
Ans. Consideration.

Q. A fact that influences a prdent undetwriter ?s decision to Accept the risk or not is
known as_________
Ans. Material fact.

Q. On 26 January of 1956 all Life Insurance Companies Operating in India were taken over by _______nominated custodians.
Ans: 43.

Q. Which Among The following is a method of risk transfer?
Ans: Insurance.

Q. Employees state insurance act 1948 provides for_____
Ans: Medical aid to workers and their families working in industries located in certain notified areas.

Q. Pradhan Mantri Jeevan Jyoti Bima Yojana is to benefit people in case of
death. This scheme with a premium of
Rs. 330 and coverage of Rs.2 lakh is available to persons in the age group of_____
Ans: 18 – 50.

Q. General Insurance means?
Ans: All The Above.

Q. Miscellaneous Insurance business means affecting insurance contracts on all
kinds of risks other than ________
Ans. All the three above.

Q. Some insurance cannot be categorized as a standard group and are a part of ?
Others ? Insurance like_______.
Ans. All the above.

Q. An insurer is bound to furnish details regarding_____
Ans: All The above three.

Q. All the Insurers in India are governed by the rules and regulations framed by IRDAI except_____
Ans: Postal Life Insurance.

Q. A household insurance means _____
Ans: Both of the above.

Q. Origins of modern insurance business can be traced to ______
Ans. Lloyds.

Q. LIC of India act was passed in June 1956 but it came into force on
Ans. Sept 1, 1956.

Q. Every Insurance carrying on business in India shall invest and at all time keep
invested an amount not exceeding _____ of heir funds other capital maker investments.
Ans. 35%.

 

CSC TEC Exam Question Answer Key 2023 [Updated]

Q. On 20th January 1956 all life insurance companies operating in India were taken
over by _____ nominated custodians.
Ans. 43.

Q. : Life Insurance provides the products like_____
Ans: Whole Life Insurance and annuities

Q. How breach of Utmost Good faith occur in a contract of insurance?
Ans: Through both of the above.

Q. Which of the following is a method of risk transfer.
Ans. Insurance.

Q. Which of the following statements is true?
Ans. Insurance is a method of sharing the losses of a few by many.

Q. insurance is a mechanism that heps reduce adverse consequences
through______.
Ans. Pooling spreading and sharing of risk.

Q. Employees state Insurance Act 1948 provides for.
Ans. medical aid to workers and their families working in Industries located in
certain notain notified areas.

Q. In property insurance Insurable interest must exist at the time of______
Ans: Inception and Loss both.

Q. Generally a person seeking insurance writes a form to the insurer and applies for insurance. This form is known as______
Ans: Proposal form.

Q. In any contract if there is an offer and acceptance, what is the third condition that must be fulfilled to make it a complete contract?
Ans: Consideration.

Q. Which of the following statement is true?
Insurance is a method of sharing losses of a? few ? by many?
Insurance is a method of transferring the risk of an
Ans: Insurance is a method of sharing of losses of a? Few? By many?.

Q. Insurance is a mechanism that helps reduce adverse consequences through_______
Ans: Pooling, Spreading, and sharing of risk.

Q. A fact that influences a prudent underwriter’s decision to accept the risk or not is known as_____
Ans: Material Fact.

Q. Gautama gets his tractor insured for a sum saying that the tractor is two years old. But in an accident, when the tractor becomes a total loss, the insurer comes to know that the said tractor was 10 years old. The insurer can reject the claim stating______
Ans: Non-Disclosure of material fact.

Q. Gautama gets his tractor insured for a sum saying that the tractor is two years Old. But in an Accident, when the tractor become a total loss , the insurer comes to know
that the said tractor was 10 years old . The insurer can reject the claim stating ______
Ans. Non - Disclosure of material fact.

Q. Indemnity means a guarantee or an assurance to put the insured in the same
position in which he was immediately prior to the happening of the contingency insured .
That means the insurer undertake to.
Ans. Make good the loss.

Q. Ram fell from a horse while riding and his leg fractured . He kept lying on a wet
land for a long time before he was taken to the hospital where he was diagosed of
pneumonia and he died of the pneumonia. the proximate cause was_______ .
Ans. Accidental falls from the horse.

Q. Conventionally Insurance has been classified in to _____
Ans. Life Insurance and General Insurance.

Q. Origins of modern insurance business can be traced on________
Ans: Lloyds

 

CSC IIBF Exam Question Answer Key  – 100% Pass Guarantee

Q. Pradhan mantri jeevan jyoti bima Yojana is to benefit people in case of death.
This scheme with a premium of Rs 330 and coverage of Rs 2 lakh is avaible to person
in the age group of _____
Ans. All the above.

Q. An insurer is bound to furnish details regarding.
Ans. All the above three.

Q. How breath of utmost Good faith occure in a contract of insurance?
Ans. through both of the above.

Q. in property insurance Insurable interest must exist at the time of _______
Ans. Inception and loss both.

Q. All the insurance in India are governed by the rules and regulations framed by
IRDAI except______
Ans. Postal Life insurance.

Q. A Household insurance means______.
Ans. Both of the above.

Q. Life insurance provide the products like _____
Ans. Both Above.

Q. LIC of India Act was passed in June 1956 but it came into force on_____
Ans: Sept 1, 1956.

Q. Every insurer carrying on business in India shall invest and at all times keep invested an amount on exceeding__________of their funds in other capital markets investment.
Ans: 35%.

Q. Indemnity means a guarantee or an assurance to put the insured in the same position in which he was immediately prior to the happening of
the contingency insured. That means the insurer undertakes to_____
Ans: Make good the loss.

Q. Ram fell from a horse while riding and got his leg fractured. He kept lying on a wet land for a long time before he was taken to the hospital where he was diagnosed of pneumonia and he died of pneumonia. The proximate cause was_____
Ans: Accidental fall from the horse.

Q. Conventionally Insurance has been classified in to______
Ans: Life Insurance and General Insurance.

Q. Miscellaneous Insurance business means affecting insurance contracts on all kinds of risks other than_____
Ans: All the three above.

Q. Some insurance cannot be categorized as a standard group and are a part of ? Others? insurance like_____
Ans: All The above.

दोस्तों, आज की पोस्ट CSC VLE Insurance Exam Question Answer Key 2023 आपको कैसी लगी? कमेंट बॉक्स में कमेंट जरूर करें. जानकारी पसंद आई हो तो पोस्ट को शेयर करना ना भूलें, धन्यवाद.