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Health And Car Insurance Questions Answered MCQs Solved With Answers
1. What is Insurance ----------?
A. An Agreement (Answer)
B. Online Service
C. Books Providing Company
D. None of These
2. Which is Insurance type ?
A. Life Insurance
B. Health Insurance
C. Car Insurance
D. All of Above (Answer)
3. Insurance Company Must Be ----------- ?
A. Jobs Providing Company
B. A Registered Company (Answer)
C. Both of Above
D. All of These
4. What is Pradhan Mantri Suraksha Bima Yojana (PMSBY) ?
A. Accidental insurance cover (Answer)
B. Life insurance cover
C. Overdraft up to Rs.5,000/-
D. None of above
5. What is Pradhan Mantri Jivan Jyoti Bima Yojana (PMJJBY) ?
A. Covers life insurance up to Rs.2 lac (Answer)
B. Accident insurance cover
C. Both A & B
D. None of above
6. Which type of deposits earns higher interest rate ?
A. Current account
B. Savings Account
C. Fixed Deposits (Answer)
D. None of above
7. Under PMSBY, accidental death claim is available for:
A. Rs.1 lac
B. Rs.2 lac (Answer)
C. Rs.3 lac
D. None of above
8. What is validity period of cheque ?
A. 4 months from date of issue
B. 3 months from date of issue (Answer)
C. 1 month from date of issue
D. Unlimited
9. Under PMSBY, partial disability claim is available for:
A. Rs.50,000/-
B. Rs.1 lac (Answer)
C. Rs.2 lac
D. None of above
10. Can illiterate person be issued Debit card ?
A. No
B. Yes (Answer)
C. Only in case of joint account
D. Only in case he is head of family
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