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  #1  
Old February 15th, 2012, 04:42 PM
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I want ic-33 life insurance new syllabus & model question papers in Bengali language for irda exams.

IC 33 Exam is compulsory to become Insurance Agent of IRDA life insurance company …here I am giving you question paper for IC 33 Examination in file attached with it ..

1. Which channel promote bank(s) to sell life insurance policies

Direct brokers
Composite brokers
Banc-assurance
None of the above
2. The Indian Insurance Act was formed in the year

1928
1938
1912
None of the above
3. Code of conduct for agents are specified by

Insurance Act
Income Tax Act
IRDA Act
Indian Contract Act
4. Which of the following statement is correct?

Insurance can prevent the occurrence of risks
Insurance can reduce the impact of risk
Both are correct
Both are wrong
5. The probability that one person will die with in one year is calculated by

Underwriter
Medical referee
Actuary
All of the above
6. Insurance applies to _________________ pool of risk with ______________.

Heterogeneous & law of large number
Homogenous & law of large number
Heterogeneous & law of few number.
Homogenous & law of few number.
7. Janvi borrows Rs 10 lacs from Geeta. She returns Rs 2lacs in the next month.Geeta now plans to take an insurance polcy on life of Janvi. Which of the statement is true?

Geeta cannot take Policy on life of Janvi as there is no insurable interest.
Geeta can take Policy on Janvi to the extent of total loan amount.
Geeta can take policy of unlimited amount.
Geeta can take policy unto the extent of unpaid loan amount.
8. Mohit took a policy and declared that he drinks alcohol. He did not declare that he was operated for hernia in the last year as he was all right now and felt it was not important to declare. This is a case of

Misrepresentation
Fraudulent misrepresentation
Innocent misrepresentation.
Non-Disclosure.
9. Rajan takes a Family Floater health insurance of Rs 3 lacs from Insurance company X and has a health cover of Rs 2lacs from another company Y from his employer side. He suffers from heart attack and has a total bill of Rs 4 lacs. He can take claim from

Company X
Company Y
Both the companies to the extent of Rs 4 Lacs
Both the companies to the extent of Rs 5 lacs.
10. A company ABC can buy insurance for

Key Man
Managers of the company
Sales representatives
All the above
11. The main supplier of the material fact is

The Agent since he meet the L2BI
The proposer
The insurance company
The neighbors.
12. Rama bought an insurance policy in the year 2002 and did not disclose that she was suffering from cancer. She died in the year 2007. The insurance company needs to

Repudiate the claim
Make the contract null and void
Keep all the premiums
Need to establish the fraud.
13. IN AN INSURANCE CONTRACT, CONSIDERATION IS THE

SUMASSURED TAKEN BY THE PROPOSER FROM THE INSURANCE COMPANY
PREMIUM PAID BY THE PROPOSER TO INSURANCE COMPANY
BOTH ARE CORRECT
BOTH ARE WRONG
14. LIFE INSURANCE COMPANIES GENERATE INTEREST IN THEIR PRODUCTS THROUGH

MASS MEDIA ADVERTISEMENTS
PROSPECTUSES
INSURANCE AGENTS
ALL OF THE ABOVE
15. In the event of Lapsed policy being revived which of the following must exist

Insurable interest & Good health
Utmost good faith & Disclosure of material facts
None of the above
All of the above
16. Maximum possible loss refers to Maximum amount of loss that can occur

If a certain event occurs
In case of any event occurring
Both A& B are correct
Both A& B are wrong
17. Agent prepares confidential report based on which information of Proposer

Financial position of Proposer
Number of dependents
Life style, Habits & hobbies
All of the above
18. The premium is invested until it is required to pay claims

True
False
19. Interim bonus is for

Policies
Policies on which matures between the two valuation dates
Both are correct
Both are wrong
20. Mahesh bought a ULIP 10 year back. At Maturity the market went significantly low. What can Mahesh consider?

Can extend the term of the policy.
Can opt for the settlement option.
Can opt for any of the option
Can do none of these

1 Sanjeev is an insurance expert who has rich experience in determining premium levels for product, what is his profile like

an actuary
loss adjuster
risk manager
underwriter
2 The Non Government organizations(NGO) helps the insurance industry immensely in

Promotional activities
Drafting new regulations
Linking buyers and sellers
Linking third party administrators
3 Investment by foreign direct investors in to Insurance co's is restricted to

12%
25%
40%
26%
4 Which market does the Micro Insurance Concentrate on ?

People with large families
People with Low Income
Government Employees
people living in Metro cities
5 What facility do the insurer use to cover Risk beyond their Limits ?

Re Insurance
Banca assurance
NGO
RBI
6 What is the max level under which micro insurance can be done

5000
25000
50000
1 lac
7 Who is the customer of a Re insurer

High Networth Individual
Insurance Companies
Licenced Insurance Agents
Non Government Organisation
8 Insurance company transfers the insurance which cannot bear by them to

Bancassurance
Reinsurance
TPAs
Actuaries
9 A policy holder takes two insurance policy and the premium amount is identical and he gets lesser commission in one of contract the reason is likely to be

one policy has more SA
ONE POLICY has more term
one policy is a single premium
One of the policy has higher Premium
10 An agent reveals his commission received from insurance sales to X&Y .Both plans are of same duration . Why is commission of X far higher that that of Y

X has brought other limited premium product
Y has brought a single premium product
X is married
Y is Single
11 Customer asks the agent to disclose the commission . The agent should

disclose on demand
Not disclose
Should call up the Insurer
Should avoid the topic
12 The best way to prove that customer of a ULIP policy is given awareness about the commission paid to the agent is

Ask the insurer to give a policy endorsement letter
From the fact details
From signed copy of benefit illustration
From ticked column of proposal form
13 Churning is bad , based on which aspect

Agents earn Lower Commission on churning
Policyholder gets more benefits
Policyholders suffer due to surrender charges and benefits
Insurance companies get good branding
14 What over riding criteria an insurance agent consider while proposing a solution

risk
suitability
Flexibility
Cost
15 Sales Target is reduced . Churning will

Increase
Decrease
Will not affect
Partially
16 Higher persistency to the insurer ensures what ?

More productivity
Higher attrition
Higher Profits
Higher S.A
17 Persitency =has increased from 82 % in previous year to 86 % this year . That means

more lapsation
more attrition
less lapsation
No profits
18 What is the maximum Time in which The insurer should settle a claim when all documents are submitted

3 days
15 days
30 days
10 days
19 A missing person is considered to be dead after

5years
8years
12 years
7years
20 The delay in settling claim by any insurance co, as per IRDA norms has to pay....% if the present bank interest rate is 5.2%

6%
9%
7%
8%
21 A claim was submitted & in how many days company should ask for additional documents if required

15 days
10days
20 days
30 days
22 Vivek takes insurance policy and dies after 8 months . If the claim needs to be excluded basis the exclusion cause what could be the cause

suicide
murder
Death was due to Accident
Body not found
23 An advisor while explaining the policy and to sell he accepts to give a part of his Agents commission, what is th limits

10%
20%
He cannot offer any commission
He can offer up to 50%
24 Consumer Forum at district level will hear complaints up to

20L
40L
1Cr
10L
25 How much is the rebate allowed by IRDA to client

Nil
5%
10%
35%
26 The controller of insurance in india is

IRDA
RBI
SEBI
Insurance ombusdmen
27 A insurer advertises through daily news paper . What type of marketing is

cross selling
direct selling
Solicitation of Policy
Brand building
28 Investment by NRI(Non Resident Indian) will be

No risk
Low risk
Medium risk
High risk
29 MWP- If the policy is endorsed under MWP - then the beneficiaries are wife and ?

parents
ex wife
children
mother
30 Mr.Sunil is doing premium calculation for his company, as per which authority is his profession related to

Council of Actuaries
Insurance council of India
Insurance institiute of India
IRDA
31 Basic qualifications of agent

sound mind & graduate
sound mind & good income level
Age and income level
His contacts in the market to solicit Insurance
32 Which Institution was Constituted by Insurance Act 1938

Insurance Institute of India
Life Insurance Council
Insurance Broker Association
General Insurance Council
33 What is the role of National Insurance Academy?

To regulate
To advise Government
To undertake training activities
To Advertise globally on Indian Insurance
34 According to IRDA act 1999, central governments involve in insurance industry over

Policy matters
complex technical issues
Promotional activities
Licensing of Insurance companies
35 Complaint council bodies other than IRDA grievance readdress forum & COPA

Ombudsman
Insurance Institute of India
Insurance Association
FERA
36 What are the ways by which a policy holder can make complaints

email
Toll free No.
Newpaper
Email or Toll free Number
37 What are the ways in which IRDA can be contacted . One is thru toll free number and other is

email
Insurance ombudsmen
visiting regional office
Through Agents
38 A policy holder submits cancellation of his term insurance policy , the insurer accepts the form and fails to give the benefit and the policy holder writes to IRDA post which the settlement should be within

10 days
15 days
20 days
30 days
39 What is the maximum level of complaint that can be considered and taken action by ombudsmen

20 lac
25 lac
30 lac
50 lac
40 What is the period of award passed to the customer decided by ombudsman?

2months
3 months
5 months
6 months
41 An Award is passed by Ombudsman .In how many days it should be honored by Insurance Co

15 days
30 days
60 days
90 days
42 Karthik written to his insurer about non settlement of a maturity calim,as per regulations,the insurer has to reply to this within how many working days

3
5
7
10
43 Raju is a certified license holder under what circumstances he needs to hold his certified license with him that is issued by irda

under all circumstances
when he sells term insurance
when he represents himself as another insurer
when he sells pension policies
44 A policy has been rejected by the company under direct intimation to the customer and copy to the Agent, what is the next action of the Agent

He has to inform the customer that the co has broken relationship with the customer
He plans to change the plan
He has to explain the reasons for rejection to the customer
He takes up with the higher authorities
45 Lung Cancer and Smoking .

lung cancer is peril and smoking is moral hazard
smoking is peril and lung cancer is hazard
Death is certain
Is occupational hazard
46 The type of risk that can be insured against is

Speculative Risk
Pure Risk
Pure & Speculative risk
Non Financial Risk
47 Harish takes a life insurance policy for Ramesh. Which of the following statement best describes the principle of Insurable Interest.

Ramesh declares all his liabilities
Ramesh is elder than Harish
Ramesh owes money form Harish
Harish suffers financial loss incase of death of Ramesh
48 What is the min age to enter into the contract of insurance

16
18
20
21
49 In a whole life plan - The policyholider's responsibility to give disclosure

at the beginning of the contract
through out the contract
Revival stage
beginning of renewal
50 Types of assignment

Absolute
Term assignment
Conditional
Absolute & Conditional

Last edited by Aakashd; May 20th, 2019 at 01:35 PM.
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  #2  
Old February 26th, 2012, 03:02 PM
Rakesh dogra
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Default Re: ic-33 life insurance new syllabus & model question papers in Bengali for IRDA Exa

Please provide me the syllabus for Life Insurance by Agent Training Institute..
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  #3  
Old February 26th, 2012, 03:03 PM
Sashwat's Avatar
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Default Re: ic-33 life insurance new syllabus & model question papers in Bengali for IRDA Exa

I have found the syllabus of IRDA Life insurance examination in PDF format. But it is in English. I have found the model test papers also. But they are also in English. I am attaching the syllabus in English to see if it is of any use for you. Please log in to studychacha.com to download this file.
Attached Files Available for Download
File Type: doc IRDA Life Insurance Training Syllabus.doc (29.5 KB, 292 views)
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  #4  
Old March 9th, 2012, 12:56 AM
gazali khan
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Default Re: ic-33 life insurance new syllabus & model question papers in Bengali for IRDA Exa

sir,
I want to LIC agency.please give me a model paper for perecties thankyou.
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  #5  
Old April 18th, 2012, 08:16 PM
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Join Date: Apr 2012
Default Re: ic-33 life insurance new syllabus & model question papers in Bengali for IRDA Exa

sir
i want the ic-33 life insurance new syllabus book & model question for my training study please sent it to my mail id vsskrishnav@gmail.com
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  #6  
Old May 4th, 2012, 08:07 PM
boramma
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Default Re: ic-33 life insurance new syllabus & model question papers in Bengali for IRDA Exa

plz send me IRDA exam question paper.
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  #7  
Old June 7th, 2012, 12:01 PM
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Default Re: ic-33 life insurance new syllabus & model question papers in Bengali for IRDA Exa

i need ic 33 new sylabus moktest in marathi
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  #8  
Old June 18th, 2012, 04:13 PM
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Default Re: ic-33 life insurance new syllabus & model question papers in Bengali for IRDA Exa

I want ic-33 life insurance new syllabus & model question papers in Bengali language for irda exams.
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  #9  
Old June 18th, 2012, 04:26 PM
Jitu1234
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Smile Re: ic-33 life insurance new syllabus & model question papers in Bengali for IRDA Exa

Quote:
Originally Posted by vsskrishnav@gmail.com View Post
sir
i want the ic-33 life insurance new syllabus book & model question for my training study please sent it to my mail id vsskrishnav@gmail.com
I successfully cleared my IC-33 exam with the help of One wish publication workwithlic dot com
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  #10  
Old June 18th, 2012, 04:36 PM
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Default Re: ic-33 life insurance new syllabus & model question papers in Bengali for IRDA Exa

Quote:
Originally Posted by Biswajit Satpathi View Post
I want ic-33 life insurance new syllabus & model question papers in Bengali language for irda exams.
I also prepared for IC-33 exam and successfully passed the exam with the help of workwithlic dot com
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