Insurance and Finance G.K.

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