I am providing you the Current Affairs questions for Insurance Regulatory and Development Authority IRDA exam

IRDA exam Current Affairs questions

Bhimbetka is situated – Madhya Pradesh
Summer Olympics 2020will be held in - Tokyo
BRICS countries- Brazil, Russia, India, China, South Africa
Fist Indian to win an Olympic meda (individual) - Khashaba Jadhav
Tiroda thermal power plant situtated at - Gujurat
Reverse mortgage loan is available only to – Senior Citizens
National Army Day-15th January
"Housing for All" under scheme named as - Pradhan Mantri Awas Yojana
Sahara shares delisted by- SEBI
MUDRA is a subsidiary of - SIDBI
Accidental death insurance cover PMSBY – 2lac
Youth Affairs and Sports minister- Sarbananda Sonowal
FTII chairman- Gajndra Chouhan
Highest paid sportsman of India according to Forbes- Mahendra Singh Dhoni
Indemnity insurance is meant for- Businesses
Pre 2005- currency note usage extended upto- 31-12-2015
18th SAARC summit will be held in - kathamandu
Who is the Chief minister of Kerela - Oommen Chandy

1. Which of the following types of companies/organisations issue ULIP?

Insurance companies
Banks
NABARD
RBI

2. Which amongst the following is not an insurance company functioning in India?

ICICI prudential
ING Vysya
National Securities Depository Limited
New India Assurance company

3. Which of the following is the only public sector company in the field of life insurance?

General insurance company
New India assurance company
Oriental insurance company
Life Insurance Corporation of India

4. "A contract that pledges payment of an agreed upon amount to the person (or his/her nominee) on the happening of an event covered against" is technically known as

Death coverage
Life insurance
Savings for future
Provident fund

5. With which of the following did the State Bank of India enter into a joint venture agreement for undertaking general insurance business?

New India Assurance Ltd.
Insurance Australia Group
Lehman Brothers Holdings Inc.
Allianz

6. Which of the following is the regulator of insurance sector in India?

RBI
AMFI
IRDA
SEBI

7. Which of the following terms is NOT related to the insurance sector?

Indemnity
Coverage
Misuse Alert
Annuity

8. Which of the following public sector companies/organizations provides insurance cover to exporters?

ECGC
NABARD
SIDBI
IRDA

9. The insurance companies collect a fixed amount from its customers at a fixed interval of time. What is it called?

Instalment
Contribution
Premium
EMI

10. Which of the following is/are the various types of insurance?

Life insurance
Health insurance
Liability insurance

Only (a)
Only (a) and (b)
Only (b) and (c)
All the three

11. Which of the following insurance companies gives the slogan Prithvi, Agni, Jal, Akash - Sab ki Surakhsa Hamare Paas?

Life Insurance Corporation
Oriental Insurance Company
New India Assurance
General Insurance Company

12. With which of the fields is actuarial science associated?

Insurance
Banking
Micro-finance
Space technology


13. Which of the following terms is used in the field of finance and banking?

Elasticity
Inflation
Pulse rate
Hot waves

14. Expand the term IFRS.

Indian Financial Reporting Standards
Indian Financial Reporting Systems
International Financial Reporting Standards
International Financial Reporting Systems

15. What does the term FSDC, used in financial sectors stand for?

Financial Security and Development Council
Financial Stability and Development Council
Fiscal Security and Development Convention
Fiscal Stability and Development Council