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August 20th, 2016, 09:47 AM
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Join Date: Mar 2012
Re: IRDA Sample Paper in English

The previous year question paper for Insurance Regulatory and Development Authority (IRDA) in English is as follows:

1 Insurance works on the principle of
a Trust
b Sharing
c Randomness
d All of the above

2 Insurance is legitimate
a when an adverse happening is likely
b When an adverse happening is unlikely
c When an adverse happening is certain
d In all the above three situations

3 Insurance benefits replace
a All physical losses, in full
b All physical losses, partly
c All monetary losses, in full
d The monetary losses, but only to some extent

4 Which one of the following statements is correct?
a People hesitate to buy life insurance because they are not aware of their needs
b People hesitate to buy life insurance because they prefer to enjoy the present
c Both the statements are correct
d Both the statements are wrong

5 Which is the right time for taking life insurance?
a When you are about to get married
b Soon after you have got married
c Just when you are joined a new job
d All the three ‘times’ are right


Attached Files
File Type: pdf IRDA Sample Paper in English.pdf (467.5 KB, 77 views)


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