Knowledge Enhancement Test
- 1.
Which division of The Muthoot Group is taking care of Life and General Insurance?
- A.
Muthoot Insurance ltd.
- B.
Muthoot assurance ltd.
- C.
Muthoot insurance Brokers Pvt. Ltd
- D.
Adity Birla insurance ltd.
Correct Answer
C. Muthoot insurance Brokers Pvt. Ltd -
- 2.
Out of below Principles, which one is followed in Insurance ?
- A.
Principle of identity
- B.
Utmost good faith
- C.
Interest of return
- D.
Principle of broker
Correct Answer
B. Utmost good faith -
- 3.
Which two parties are involved in an Insurance contract ?
- A.
Insurer & insured
- B.
Insurer & issuer
- C.
Assured & insured
- D.
Issuer & assured
Correct Answer
A. Insurer & insured -
- 4.
Which risk is covered under life insurance?
- A.
Medical loss
- B.
Economic loss
- C.
Property loss
- D.
emotional loss
Correct Answer
B. Economic loss -
- 5.
How life insurance can help?
- A.
by covering risk of untimely death
- B.
by covering risk of property
- C.
by covering risk of accidents
- D.
by covering risk of debt
Correct Answer
A. by covering risk of untimely death -
- 6.
Which policy also known as share market linked policy ?
- A.
Endowment plan
- B.
Traditional policy
- C.
N-ULIP
- D.
ULIP
Correct Answer
D. ULIP -
- 7.
Which policy gives tension free life during any medical emergency?
- A.
Life insurance policy
- B.
Traditional policy
- C.
Mediclaim policy
- D.
ULIP policy
Correct Answer
C. Mediclaim policy -
- 8.
Under which section life insurance policy is tax benefited?
- A.
80 C
- B.
80 E
- C.
80 AA
- D.
80 H
Correct Answer
A. 80 C -
- 9.
What is basic premium for coverage of Rs.4,30,000/- in Muthoot home protector Policy ?
- A.
Rs. 600/-
- B.
Rs. 750/-
- C.
Rs. 500/-
- D.
Rs. 300/-
Correct Answer
C. Rs. 500/- -
- 10.
We have tied up with______________ for our Group policy “ Home Protector policy ”.
- A.
Max Bupa
- B.
Star union
- C.
Liberty Videocon
- D.
SBI general insurance
Correct Answer
C. Liberty Videocon -
- 11.
Muthoot launched Vehicle insurance ‘ Spot insurance’ portal in association with___________
- A.
Magma HDI
- B.
SBI general insurance
- C.
Future Generali
- D.
Aditya Birla insurance Brokers
Correct Answer
D. Aditya Birla insurance Brokers -
- 12.
How many associated insurance companies with Muthoot for vehicle insurance ?
- A.
7
- B.
6
- C.
4
- D.
8
Correct Answer
B. 6 -
- 13.
Which public sector General insurance is our associate partner for Vehicle Insurance ?
- A.
National General insurance
- B.
Oriental General Insurance
- C.
United India general insurance
- D.
New India Assurance
Correct Answer
D. New India Assurance -
- 14.
For online Will writing Muthoot have association with__________.
- A.
i Will
- B.
WillJini
- C.
will maker
- D.
Mumbai law associates
Correct Answer
B. WillJini -
- 15.
A will is over all part of_________________________ .
- A.
Declaration
- B.
creating wealth
- C.
Financial Planning
- D.
Investment
Correct Answer
C. Financial Planning -
- 16.
Which link is required to visit to create Will?
- A.
www.muthootwill.com
- B.
www.muthootiwill.com
- C.
www.muthiwill.com
- D.
www.iwill.com
Correct Answer
B. www.muthootiwill.com -
- 17.
A Will can be written on plain paper, and registration is___________.
- A.
Yes, not mandatory
- B.
No, mandatory
- C.
No, not mandatory
- D.
Yes, mandatory
Correct Answer
A. Yes, not mandatory -
- 18.
How many Founding Principle we have in Muthoot group?
- A.
7
- B.
6
- C.
4
- D.
8
Correct Answer
A. 7 -
- 19.
Muthoot is one of the NBFC who receives license from RBI to open _______
- A.
White label ATM’s
- B.
ATM
- C.
Brown Label ATM’s
- D.
Bank
Correct Answer
A. White label ATM’s -
- 20.
Under Double dhamaka Loan which is one of the Payment mode for loan disbursement?
- A.
Pre paid Visa card
- B.
ECS
- C.
Monthly credit
- D.
Mobile credit
Correct Answer
A. Pre paid Visa card -
- 21.
How much is the concentration level of Nitric acid used in Gold loan checking?
- A.
90%
- B.
60%
- C.
45%
- D.
70%
Correct Answer
D. 70% -
- 22.
Ambulance cover up to Rs._____________ per claim in MHC MAX BUPA.
- A.
2000/-
- B.
5000/-
- C.
1000/-
- D.
500/-
Correct Answer
C. 1000/- -
- 23.
NRI have to pay Rs.______________ for PAN card.
- A.
265/-
- B.
375/-
- C.
2000/-
- D.
1500/-
Correct Answer
D. 1500/- -
- 24.
Discount provided on the own damage section as an incentive for good driving in vehicle insurance ?
- A.
DCB
- B.
MHC
- C.
NCB
- D.
PPP
Correct Answer
C. NCB -
- 25.
What is the premium for sum assured Rs.1090000/- in Muthoot Home protector?
- A.
2000/-
- B.
1500/-
- C.
1800/-
- D.
1200/-
Correct Answer
B. 1500/- -
- 26.
Which one do you like?
- A.
Option 1
- B.
Option 2
- C.
Option 3
- D.
Option 4
Correct Answer
A. Option 1 -
Quiz Review Timeline +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
-
Current Version
-
Mar 20, 2022Quiz Edited by
ProProfs Editorial Team -
Jan 09, 2017Quiz Created by
Chiku002
Back to top