1. Oldest (1818) life insurance company is:
a) Postal Life Insurance Company
b) Max Life Insurance Company
c) Oriental Life Insurance Company
d) Bharat Life Insurance Company
e) None of These
Answer: Oriental Life Insurance Company
2. Insurance is listed in the constitution of India in ______scheduled as Union List subject:
a) Eighth
b) Ninth
c) Seventh
d) Tenth
e) None of These
Answer: Seventh
3. Insurance is legislated by:
a) Insurance Company
b) State Government
c) Central Government
d) Government of India
e) None of These
Answer: Central Government
4. Chairman of Life Insurance Corporation of India is:
a) Arundhati Bhattacharya
b) U K Sinha
c) S K Roy
d) Vimal Khanna
e) None of These
Answer: S K Roy
5. Which of the following is not the principle of insurance:
a) Utmost Good Faith
b) Principle of Contribution
c) Maximization of Profit
d) Causa Proxima
e) None of These
Answer: Maximization of Profit