Top 250+ Solved Insurance Management MCQ Questions Answer
Q. TAC stands for
a. Trade Advisory Corporation
b. Trade Advisory Committee
c. Tariff Advisory Corporation
d. Tariff Advisory Committee
Q. ……..is pricing of insurance products driven by market forces
a. tariffing
b. de-tariffing
c. equilibrium pricing
d. fixed pricing
Q. ………….is an amount in excess of the value of insurers assets over theamount of liabilities.This amount is prescribed by IRDA.
a. profit
b. goodwill
c. margin
d. solvency margin.
Q. …………are those where a part of the premium is charged for the risk coverand the rest is invested in selected mutual funds as per the choice of the investor.
a. mutual fund insurance
b. unit-linked insurance
c. double insurance
d. partial insurance