Financial GK Quiz

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

RBI AMFI IRDA SEBI

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

Indemnity Coverage Misuse Alert Annuity

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

ECGC NABARD SIDBI IRDA

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

Instalment Contribution Premium EMI

5.Which of the following is/are the various types of insurance? 1.Life insurance 

2.Health insurance 

3. Liability insurance

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

Elements of Financial Planning

• Investing
• Risk Management
• Retirement Planning
• Tax & Estate Planning
• Financing one's needs

The Challenges facing our society and our customers

• Disintegration of the joint family
• Multiple Investment Choices
• Changing Lifetyles
• Inflation
• Other contingencies and needs