Questions

MCQ

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4 questions · timed · auto-graded

MCQ 11 Mark
What is the insurance policy associated with health called ?
  • A
    I ife Insurance
  • Mediclaim Insurance
  • C
    General Insurance
  • D
    Crop insurance
Answer
Correct option: B.
Mediclaim Insurance
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MCQ 21 Mark
When a person buys an insurance policy, what is the outcome between the insurer and the insured called ?
  • A
    Insurance Service
  • B
    Monetary security
  • C
    Registration
  • Ccontrac
Answer
Correct option: D.
Ccontrac
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MCQ 31 Mark
Which type of an insurance policy allows claim of insured amount to the nominee/assignee?
  • Whole$-$life Insurance Policy
  • B
    Term Insurance Policy
  • C
    General Insurance Policy
  • D
    Third$-$party insurance policy
Answer
Correct option: A.
Whole$-$life Insurance Policy
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MCQ 41 Mark
What assurance do the family members of the insured get?
  • A
    Freedom from accidental calamity
  • Monetary security
  • C
    Social relations
  • D
    Health security
Answer
Correct option: B.
Monetary security
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MCQ - SPCC STD 12 Commerce Questions - Vidyadip