Question
a.
Pass in 12th standard or equivalent examination
b.
Pass in 10th standard or equivalent examination
c.
Both a and b
d.
No minimum qualification required
Posted under IC 14 Regulations of Insurance Business
Interact with the Community - Share Your Thoughts
Uncertain About the Answer? Seek Clarification Here.
Understand the Explanation? Include it Here.
Q. What are the minimum qualification requirements for Agents based on the population of the area where the applicant resides?
Similar Questions
Explore Relevant Multiple Choice Questions (MCQs)
Q. What are the permissible types of entities recognized by the Authority to act as Insurance Brokers?
View solution
Q. Which organizations are eligible to be appointed as Corporate Agents according to IRDA regulations?
View solution
Q. In what circumstances is a minimum qualification of 10th standard required for Agents?
View solution
Q. Can an individual be granted an Insurance Broker license according to IRDA regulations?
View solution
Q. Who has the authority for issuing licenses to Insurance Brokers according to regulations?
View solution
Q. How are licenses for Corporate Agents issued and renewed?
View solution
Q. Who is authorized to issue and renew licenses for Agents?
View solution
Q. What qualifications are required for the Principal Officer of an Insurance Broker?
View solution
Q. What qualification is required for a Corporate Insurance Executive representing a Corporate Agent?
View solution
Q. What qualifications are necessary for an Individual Agent to solicit and procure business?
View solution
Q. What are the functions of an Insurance Broker according to the Regulations?
View solution
Q. How does a corporate agent identify themselves with the insurance company they represent?
View solution
Q. How does an individual agent identify themselves with the insurance company they represent?
View solution
Q. What disqualifications are applicable to applicants for an Insurance Broker license?
View solution
Q. What disqualifications are applicable to both corporate agents and individual agents?
View solution
Q. What is the mandatory training requirement for the Principal Officer and persons soliciting and procuring business in the case of Insurance Brokers?
View solution
Q. Where is the training and examination conducted for the Principal Officer and persons soliciting and procuring business in the case of Insurance Brokers?
View solution
Q. What are the training and examination requirements for corporate agents as per Regulation 5?
View solution
Q. Is there any specified capital requirement for corporate and individual agents according to the regulations?
View solution
Q. What is the validity period of an Insurance Broker license once issued?
View solution
Recommended Subjects
Are you eager to expand your knowledge beyond IC 14 Regulations of Insurance Business? We've handpicked a range of related categories that you might find intriguing.
Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!
