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LIC Assistant Mega 1000 One Liners E

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LIC Assistant Mega 1000 One Liners E 1. First insurance company in India- Oriental Life Insurance company 2. Oriental Life Insurance was established at- Kolkata 3. The year in which the Government of India issued an ordinance for nationalising the life insurance sector in India- 1956 4. R.N. Malhotra Commission is associated with the - Insurance sector 5. An autonomous body instituted to regulate and develop the insurance industry in India- Insurance Regulatory and Development Authority (IRDA) 6. Headquartes of IRDA- Hyderabad 7. General Insurance Corporation of India was Formed in - 1972 8. General Insurance Corporation was nationalized on- January 1,1973 9. Head quarters of General Insurance Corporation - Mumbai LIFE INSURANCE CORPORATION (LIC) 10. Life Insurance Corporation was set up in 1956 11. Headquarters of Life Insurance Corporation is in - Mumbai 12. Motto of LIC - Yogakshemam Vahamyaham (your welfare is our responsibility) 13. Which of the following types of companies/organisations issue ULIP- Insurance companies 14. Which of the following is the regulator of insurance sector in India- IRDA 15. Which of the following public sector companies/organizations provides insurance cover to exporters- ECGC 16. With which of the fields is actuarial science associated- Insurance 17. Which of the following is the regulator of the credit rating agencies in India? SEBI 18. AXA is an insurance company headquartered in – Paris 19. Sar Utha ke Jiyo is the tag line of – HDFC Life Insurance 20. Which of the following insurance companies gives the slogan Prithvi, Agni, Jal, Akash - Sab ki Surakhsa Hamare Paas- Oriental Insurance Company 21. The insurance companies collect a fixed amount from its customers at a fixed interval of time. What is it called?- Premium 22. When was the Export Credit Guarantee Corporation of India established- 1957 23. Which one of the following is the special drawing rights given by the International Monetary Fund to its member countries- Paper gold 24. Which of the following term is used in insurance sector- Casualty, Coverage, Indemnity 25. The main feature of the National Agricultural Insurance Scheme is to insure which of the following- Crop of the farmer 26. IFRS Stands for International Financial Reporting Standards 27. Expand the term FSDC which is used in financial sectors- Financial Stability and Development Council 28. The insurance companies collect a fixed amount from its customers at a fixed interval of time. What it is called- Installment 29. The headquarters of National Insurance Company Ltd (NIC) is located in- Kolkata 30. The headquarters of Export Credit Guarantee Corporation of India is located in- Mumbai 31. “We know Healthcare” is the tagline of - Apollo Munich 32. “THODA SIMPLE SOCHO” is the tagline of which insurance company- National Insurance 33. The complaint to Insurance Ombudsman must be lodged within– 1 year of the incident 34. How much do you need to pay to lodge a complaint to Insurance Ombudsman – Nil 35. What is the maximum claim amount for an Insurance Ombudsman complaint- Rs 20 Lakhs 36. TATA AIG General Insurance Company is a Joint Venture between TATA Group and - American International Group(AIG) 37. AVIVA India is a Joint Venture between Aviva PLC and – Dabur Group 38. What is the cover amount of full disability in Pradhan Mantri Suraksha Bima Yojana – 2 Lakhs 39. Insurance Policy which is provided as an additional layer of security to those who are at risk for being sued for damages to other people's property or injuries caused to others in an accident is called – Umbrella Insurance 40. The amount payable, as stated in a life insurance policy, to the designated beneficiary (ies) upon the death of the insured. – Death Benefit Payable 41. Section 39 of the Indian Insurance Act 1938 provides for- Nomination of a person 42. What is the minimum and maximum age of Pradhan Mantri Suraksha Bima Yojana – 18 Minimum and 70 maximum 43. Insurance Companies, ensure that in each claim free year the policyholder gets a benefit known as – Cumulative Bonus 44. The first Non-payment of policy premium by the policy holder is known as - First Unpaid Premium 45. What does IBNR stands for- Incurred but not Reported 46. An all risk insurance contract that provides jewelers with coverage to losses, which they would be exposed is known as – Jewelers Block Insurance has reinsured to another reinsurer. 47. What does Solvency margin mean in Insurance – Surplus of assets over liabilities 48. What does GIVE stands for in Insurance – Gross Insurance Value Element 49. What amount of Sum is insured in Pradhan Mantri Suraksha Bima Yojana in case of Death- 2 Lakh 50. What amount of Sum is insured in Pradhan Mantri Suraksha Bima Yojana in case of partial disability- 1 lakh 51. What is the Premium amount of Pradhan Mantri Suraksha Bima Yojana – Rs. 12 per annum 52. You can approach the Ombudsman with complaint if you have first approached your insurance company with the complaint and Not responded to it at all for – 30 Days 53. While approaching the Insurance Ombudsman the value of the claim including expenses claimed shall not be above ___. – Rs. 20 Lakh 54. What is the premium amount of Pradhan Mantri Jeevan Jyoti Bima Yojana – Rs. 330 per annum 55. What is the scope of coverage of Pradhan Mantri Jeevan Jyoti Bima Yojana – 18 to 50 years 56. What is the full form of ‘TPA’ – Third-Party Administrator 57. FPR stands for – First Premium Receipt 58. What does ‘A’ denotes in ‘NAV’ – Asset (Net Asset Value) 59. IRDAI rule for the claim settlement – 30 days 60. Who bears investment risk in ULIP- insured 61. A ___formal legal document used by an insurance company that provide details about the product- Prospectus 62. What is the maximum limit for the amount under dispute for which the Insurance Ombudsman can entertain a complaint is up to- Rs. 30 lakh 63. If a customer does not like the premium and risk covered under the policy then customer return back to the company within how many free look period day- 15 days 64. Which is not a tangible item- life insurance 65. Full form of IGRS – Integrated grievance redressal system 66. In which year, the Life Insurance Companies Act was passed- 1912 67. In which of the policy offers both term insurance plan and mutual fund scheme- ULIP 68. Which policy provides coverage to eligible employees or members on a group basis and usually covers multiple persons under a group insurance plan- Master Policy 69. Which country become the 1st country in the world to introduce WHO approved typhoid vaccine- Pakistan 70. Who sworn-in as the 47th Chief Justice of India- Sharad Arvind Bobde 71. India ranks on IMD World Talent Ranking Report, while topped by Switzerland- 59th 72. Which country beats Mexico to lift U-17 Football World Cup- Brazil 73. Who won the Indira Gandhi Prize for 2019- David Attenborough 74. The next Census in India will be taken in languages- 16 75. The World Children’s Day observed every year on- 20th November 76. Who has been named PETA India's Person of the Year for 2019- Virat Kohli 77. What is the theme of 2019 World Children’s Day (20th Nov)- "Children of today, our keepers tomorrow" 78. What is the theme of 2019 World Toilet Day- "Leaving No One Behind" 79. Which state govt has launched virtual classes project- Uttrakhand 80. What is the India's rank at 2019 Global Bribery Risk Index- 78th 81. Who sworn in as new Prime Minister of Sri Lanka? Mahinda Rajapaksa 82. Which state launches ‘Nadu-Nedu’ scheme (1-6 E/M) in state-run schools? Andhra Pradesh 83. Who names as global football development chief of FIFA- Arsene Wenge 84. Who has won the Mexico GP 2019- Lewis Hamilton 85. Who has been elected as the President of Argentina- Alberto Fernandez 86. Who has been elected as the President of Mozambique- Filipe Nyusi 87. In October 2019, UPI crossed how many billion(s) transaction mark? 1 billion 88. Who won BRICS-Young Innovator Prize 2019- Ravi Prakash 89. Who won India’s first gold at 2019 ISSF World Cup- Manu Bhaker 90. Who won the Presidential election of Sri Lanka- Gotabaya Rajapaksa 91. Who were conferred with ANR National Award- 2018 : Sridevi 2019 : Rekha 92. Who takes oath as Chief Justice of Jharkhand HC- Ravi Ranjan 93. Who sworn in as Chief Justice of Tripura HC- Akil Abdulhamid Kureshi 94. Which Indian Institute have created the 1st-ever ‘Indian brain atlas’(IBA)- IIIT Hyderabad 95. Recently, India will now have how many Union territories- 9 96. Who will represent Asian bloc in athlete ambassadors group in Tokyo Olympics 2020- Mary Kom 97. The 35th ASEAN2019 Summit is being held in- Thailand 98. Who is leading the Indian delegation at the 35th Asean Summit- Narendra Modi 99. Which state has launched a new initiative “Meal in exchange for plastic waste”- Odisha 100. Which country officially launched 5G Service- China 101. Who topped the list of Fortune’s Businessperson of the Year 2019- Satya Nadella 102. Where was the world's first Muslim yoga camp- Uttarakhand 103. The Good Air Summit (GAS-2019) has been organized under which theme- "Making India Breathe" 104. Which state govt has decided to organize 2019 World Kabaddi Cup- Punjab 105. Which Indian sprinter has been listed in the TIME 100 Next- Dutee Chand 106. The TIME Magazine HQ at- New York 107. When is World Television Day observed- 21st November 108. Who awarded international children’s peace prize- Greta Thunberg. 109. Name the vody builder who crowned as Mr Universe 2019- Chitahresh Natesan 110. Who is the first-ever woman pilot for Indian Navy- Lieutenant Shivangi 111.
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