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What is the abbreviation of PAP?
(a)Personal Auto Policy
(b)Personal Auto Party
(c)Personal Associate Policy
(d)Payment Auto Policy
(e)None of these

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Important Questions on Financial Awareness
EASY
Which country allowed LIC to operate in domestic market?

EASY
Where is the headquarters of Life Insurance Corporation (LIC)?

MEDIUM
Which of the following aptly describes the business of insurance?

MEDIUM
PMFBY is a scheme launched by Prime Minister Shri Narendra Modi in January, 2016. It is related to:

MEDIUM
Insurance cover for bank deposits in our country is provided by_____.

MEDIUM
_____ is a new scheme of deposit mobilization have been evolved by the Indian commercial banks.

MEDIUM
When two or more distinct insurance policies combined into a single contract, it is known as_____.

MEDIUM
Which of the following cannot be called as a value added service offered by a bank?

MEDIUM
Which of the following statements about UCBs undertaking insurance business is/ are correct?

EASY
Janashree Bima Yojna is mainly for which SHG members?

EASY
The headquarters of IRDA is located in_____.

HARD
The organization structure of ________ is four tier structures.

HARD
Insurance cover for bank deposits in our country is provided by:

MEDIUM
What is the full form of 'ULIP', the term which was in the news recently?

HARD
The stated principal amount of a financial instrument is known as:

MEDIUM
Non - Compliance with IRDA's rules and regulations can result in _______in fines for companies.

EASY
_____is a social device for eliminating or reducing the loss of society from specific risk.

EASY
What do we call the money charged for the insurance coverage?

MEDIUM
GIBNA was passed in the year_____.

EASY
Which of the following companies is NOT in the field of insurance business?

