Insurance Sector

IMPORTANT

Insurance Sector: Overview

This topic covers concepts, such as Theories and Terms of Insurance, Important Milestones in Insurance Sector, Insurance Sector in India, Reforms in the Insurance Sector, Insurance Companies of India, Evolution of Insurance Companies in India, etc.

Important Questions on Insurance Sector

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Capital Redemption Reserve Account is created for which of the following goal ?

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Janashree Bima Yojna is mainly for which SHG members?

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Insurance coverage under JANSHREE BIMA YOJNA for a period of one year is….

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Which insurance company launched a smart fixed return digital plan?

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Which insurance company announced building an online insurance platform on Google Cloud?

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What is the name of the insurance plan launched by HDFC Life Insurance in September 2022?

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Which insurance Company launched the Click2Protect insurance plan?

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Which insurance company launched iSelect Guaranteed Future Plan?

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Fino Payments Bank collaborated with which insurer for the shop insurance policy?

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With which insurance provider did IDBI Bank tie up to sell its remaining 25% stake?

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Which insurance company has launched India’s first dental health insurance plan?

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National Pension System (NPS) is often seen in the news. Which of the following statements about it is/are correct about it? 

  1. It is being administered and regulated by Pension Fund Regulatory and Development Authority (PFRDA), set up under PFRDA Act, 2013.
  2. All citizens of India aged between 18-65 years can join NPS on a voluntary basis.
  3. Under NPS, individual savings are pooled in to a pension fund which are invested by PFRDA regulated professional fund managers as per the approved investment guidelines

Select the correct answer using the codes below: 

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What is the abbreviation of IBT?

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What is the abbreviation of GAAR?

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What is the abbreviation of GDR?

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What is the abbreviation of FINO?

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What is the abbreviation of UL?

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What does A stands for in AMFI?

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What does R stands for in FRBMA?

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What does S stands for in NASDAQ?