Hey as IRDA may refer to: Insurance Regulatory and Development Authority of India, an agency of Government of India for insurance sector

Here I am giving you qus paper for practice
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 statement s 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





Here I am attaching PDF for complete paper

Attached Files

IRDA paper.pdf (467.5 KB, 48 views)