NICL Insurance Exam- Gk Quiz

Hello Readers in this post we are sharing important NICL Insurance Exam-  Gk Quiz. 

Q1. In which year Life Insurance in India nationalised by  Life Insurance Corporation (LIC)?
a. 1954
b. 1956
c. 1958
d.1960

Q2. Name of the committee formed in 1993 regarding privatisation of Insurance sector?
a. H.R. Mukhi Committee
b. C.P. Rao Committee
c. K.P. Sardana Commitee
d. R.N. Malhotra Committee

Q3. In Insurance Sector ULIP stands for?
a. United Linked Insurance Policy
b. Unit Linked Insurance Policy
c. Union Linking Insurance Policy
d. Unit Linking Insurance Policy

Q4. Name the independent body formed to protect the interests of holder of insurance policy and to regulate, promote and ensure orderly growth of the insurance industry?
a. IRDAI
b. IRADI
c. IDRA
d. IRIDA

Q5. Which of the following is not a public sector insurance company?
a. Oriental Insurance
b. United Insurance
c. SBI Life Insurance
d. New India Insurance

Q6. Headquarters of LIC and GIC situated in?
a. Mumbai
b. Delhi
c. Chennai
d. Kolkata

Q7. Name of the Chairmen Of NICL?
a. G.Srinivasan
b. S. K. Roy
c. A.V. Girija Kumar
d. Milind Kharat

Q8. Which of the following is the tagline of United India Insurance?
a. India’s premier general insurance company
b. Rest Assured with Us
c. With Us, You’re Sure
d. You click, we cover

Q9. Name of the Bank became the first bank to get the permission from Reserve Bank of India (RBI) to set up a wholly-owned non-life insurance company?
a. ING Vyasa
b. Kotak Mahindra
c. Punjab National Bank
d. None of the above

Q10. FDI limit in insurance sector is?
a. 26%
b. 100%
c. 51%
d. 49%

Keys:
1.b
2.d
3.b
4.a
5.c
6.a
7.c
8.b
9.b
10.d

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