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Old December 31st, 2016, 11:51 AM
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Join Date: May 2011
Default Re: IRDA Free Mock Test In Hindi

Ya sure I will get the IRDA, Junior Officer exam paper so that you can get idea about the exam.

Here is the exam paper

1. Insurance is a mechanism to reduce impact of adverse events on a) Non-value generating assets. b) Value generating assets. c) Current assets d) Fixed assets

2. Perils could be a) Uncertain b) Certain c) Definite d) Unlikely

3. Insurance is a function of a) Uncertainty b) Life c) Society d) Loss

4. Insurance works on the principle of a) Sharing of profits b) Sharing of assets c) Sharing of losses
d) Sharing of expenses

5. A) Life Insurance protects the life of the insured. B) Life Insurance minimizes the financial impact of untimely death. a) A is correct b) B is correct c) Both A & B are correct d) Both A & B are wrong

6. Occurrence of ----- has to be ------ & not a -------- of the insured person. a. peril, uncertain, creation b. event, certain, creation c. risk, hazardous, profit d. event, random, creation

7. For getting insurance you need to pay ------- and get compensated by -----. a) Compensation, Claims b) Claims, Premium c) Premium, Claims d) Fees, Claims

8. ------------ is the process, which prevents entry of people who do not share the same risk. a) New Business b) Valuation c) Underwriting




For full information please check the file
Attached Files Available for Download
File Type: pdf IRDA Junior Officer exam paper.pdf (503.0 KB, 19 views)
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