Sunday, 17 November 2019

lic agent IC-38 exam set-65

 LIC IC-38 Online Mock Test for LIC agency Exam preparation according to IRDA syllabus # SET-66

Online IC-38 Mock Test and training material for LIC agency

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IC-38 Online Mock Test for LIC agency Exam preparation SET-66

Qusetion : 1

Insurance is necessary because
[A]. Assets deprciate over time and through usage [B].Name of the above reasons
[C].Assets may be damagedby external causes [D]. None of the above reasons

Qusetion : 2

 Mr. Yash has taken an annuity on 25th August 2010. The 'benefit, of the plan will start from 25th August 2011. What type of annuity. plan isthis?
[A]. Guaranteed period annuity [B].Deferred annuity
[C].Life annuity [D]. Immediate annuity

Qusetion :3

Ramesh has invested in post office monthly income scheme. The interest rate was set at 6%. What will be the effect of rate in going years
[A]. Increase gradually [B].Remain constant
[C].Decrease grdually [D]. Chang as per market fluctuation

Qusetion : 4

 Under a health insurance policy if a policy holder needs to his no claim bonus how can that be done
[A]. Cash encashment [B].Increase in the cover level
[C].Discount in the next premium [D]. Certain policy exclusion

Qusetion : 5

Vinod being an insurance agent can offer assistance to his cli Ramesh by
[A]. Providing him emergency fund [B].Recommendation of product with highestreturn
[C].Matching the product with Ramesh need [D]. Discourse saving in. a purposeful and need based manner

Qusetion : 6

Customer has opted for a 5 yrs guaranteed annuity option. What will happen to annuity if the customer survives for 5 years after the end of guarantee p
[A]. Paid upto 75yrs [B].Till he die
[C].Annuity will be continued for next 5 yrs [D]. Not remembered

Qusetion : 7

If customer has invested money in a pension plan from compafl A and buys an annuity from company B what is the nature transaction?
[A]. Lifelong annuity [B].Reinsuring annuity
[C].Open market [D]. Deferred annuity

Qusetion : 8

Critical illness rider was taken and the rider benefit has been claimed , the rider benefit now gets
[A]. Reduced the  base SA [B].continues as it is
[C].terminated [D]. will discontinue for 1 months

Qusetion : 9

To identify suitable products their main features and their tax treatment is role of
[A]. Agent [B].Pelicyholder
[C].Insured [D]. Insured person

Qusetion : 10

A person takes a pension plan for 15 year term with Rs. 20,000 premium and S. of Rs. 3 la What would be the tax implication on maturity value at the time of maturity?
[A]. NIL [B].0.2
[C].0.1 [D]. 0.3

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 LIC IC-38 Online Mock Test for LIC agency Exam preparation according to IRDA syllabus in HINDI # SET-30 ...