Question
a.
2000
b.
2500
c.
2750
d.
3000
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. Madhav is going to pay Rs. 50,000 as premium for a ULIP. According to the terms of the ULIP, 60% of the premium will be allocated to the investment chosen by Madhav. Madhav has...
Similar Questions
Explore Relevant Multiple Choice Questions (MCQs)
Q. Who is responsible for providing appropriate training to insurance agents/intermediaries before they are authorized to sell Unit Linked Insurance products?
View solution
Q. For single premium contracts under ULIPs, the minimum sum assured for the age at entry of below 45 years is __________ of the single premium paid.
View solution
Q. What is the lock-in period for all Unit Linked Products?
View solution
Q. Money Laundering refers to ________________.
View solution
Q. From the below options, which is one of the stages of money laundering?
View solution
Q. Financial Action Task Force (FATF) was set up in ___________.
View solution
Q. Out of the below, which is an example of a low-risk customer?
View solution
Q. Records of transactions reported to the FIU have to be retained for a maximum of how many years?
View solution
Q. KYC norms include which of the below?
View solution
Q. In which year was the Financial Intelligence Unit (FIU) set up in Delhi?
View solution
Q. Which is not a negotiable instrument?
View solution
Q. In simple terms, what does ‘a void ab initio policy’ mean?
View solution
Q. When does the risk commence if the premium is tendered by postal money order?
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!
