LIC Agents Exam Question Paper

Can you please provide the question paper for the LIC Agents Exam?

[Kiran Chandar]

List of few questions of the LIC Agents Exam is given below which you are looking for .

1. He went to the library to……find that it was closed.
(1) seldom
(2) never
(3) only
(4) solely

2. The ties that bind us together in common activity are so….that they can disappear at any moment.
(1) tentative (2) tenuous (3) consistent (4) restrictive

3. Her reaction to his proposal was….. She rejected it…..
(1) inevitable – vehemently’
(2) subtle – Violently
(3) clever – abruptly
(4) sympathetic – angrily

4. His…. direction~ misled us we did not know which of the two roads to take.
(1) complicated
(2) ambiguous
(3) narrow
(4) fantastic

5. It would be difficult for one so ………. to believe that all men are equal irrespective of caste. race and religion,
(1) emotional
(2) democratic
(3) tntolerant
(4) liberal

Directions (116- 120) : In each of the follwing sentences four words or phrases have been bold. Only one bold part in each sentence is not accepted in standard English. Ident that part and mark its number 1. 2. 3 or 4 as your answer.

6. Gaze for a thing /(1) that are not/ (2) available easily /(3) in the county is a universal phenomenon/ (4).

7. It is foolish to be expecting/Ill one person to be like another / . (2) person for/(3) each individual is born/(4) WIth his characteristics traits.

8. The tendency to believe/(l) that/(2) man is inherently dishonest is something that/(3) will decried/(4).

9. I have not come across/(1) very few people/(2) who/(3) think of thing beyond/(4) their daily work.

10. He managed to board/(l) the run¬ning train/(2) but all his luggages/(3) was/(4) left on the station.

Directions (121-125): Select the pair of words which are related in the same way as the capitalised words are related to each other.

11. SCALES: JUSTICE: :
(1) weights: measures
(2) laws: courts
(3) torch : liberty
(4) launch: peace

12. HOBBLE: WALK: :
(1) gallop: run
(2) stammer: speak
(3) stumble: fall
(4) sniff: smell

13. FRAYED: FABRIC: :
(1) watered: lawn
(2) renovated: building
(3) thawed: ice
(4) worn : nerves

14. YOLK: EGG: :
(1) rind.: melon
(2) nucleus: cell
(3) stalk: com
(4) web : spider

15. BAMBOO: SHOOT: :
(1) bean: sprout
(2) pepper : com
(3) oak: tree
(4) holly: sprig

Directions (l26- 130) : For each of the following capitalized words. four words or phrases are given of which only one is synonymou with the given word. Select the synonym.

16. DEFER
(1) respect
(2). dislike
(3) postpone
(4). disrespect

17. DUBIOUS
(1) clear
(2). undoubtedly
(3) hesitant
(4). pmproper

18. COARSE
(1 Impolite
(2). rough
(3) polished
(4). improper

19. PROXIMI1Y
(1) nearness
(2) aloofness
(3) completely’
(4) nearly

20. ABSTAIN
(1) stay
(2) tempt
(3) refrain
(4) pardon

Directions (131- 135) : Fill in the blanks by selecting appropriate alternative.

21.1 met him only a week…..
(1) back
(2) past
(3) ago
(4) previous

22. Lovely asked me .
(1) why are you angry?
(2) why I am angry?
(3) why I was angry.
(4) why was ‘I angry?

23. Even after repeated warnings. he, …….. to office on time.
(1) never come
(2) never comes
(3) is never coming
(4) have never come

24. He lold his wife that….from Gennany.
(1) he will like to visit France
(2) he was liking to visit France
(3) he would like to visil France
(4) he is liking to Visit France

25. Some people can…..even wilh murder.
(1) get on
(2) get out
(3) get off
(4) get away
Directions (136- 140) : Choose the correct antonym from the choic¬es for each of the following capit¬alised words:

26. INDIFFERENT
(1) curious
(3) alike
(2) varied
(4) uniform

27. DISCREET
(1) wise
(3) prudent
(2) diplomatic
(4) careless

28. OBSOLETE
(1) free
(3) current
(2) . ancient
(4) cultured

29. RATIONAL
(1) sound
(3) judicious
(2) insane
(4) sensible

30. SCEPTICAL
(1) doubtful
(2) convinced
(3) questioning
(4) cynic

Answers:
1. 3 2.2 3.3 4.2 5.3 6.2 7.1 8.4 9.2 10.3 11. 1 12. 2 13. 3 14. 2 15. 4 16. 3 17. 4 18. 2 19. 1 20. 3
21. 1 22. 3 23. 2 24. 3 25. 4 26. 1 27. 4 28. 3 29. 2 30. 2

Hii Buddy , Here I a Looking for Previous year LIC Agents Exam Question Paper , For My Better Exam Preparation Will you please Provide me Same ?

[Kiran Chandar]

Friend As Per your Asking here in am Providing Previous year LIC Agents Exam Question Paper :

1) Insurance works on the principle of
a Trust
b Sharing
c Randomness
d All of the above

2 Insurance is legitimate
a when an adverse happening is likely
b When an adverse happening is unlikely
c When an adverse happening is certain
d In all the above three situations

3 Insurance benefits replace
a All physical losses, in full
b All physical losses, partly
c All monetary losses, in full
d The monetary losses, but only to some extent

4 Which one of the following statements is correct?
a People hesitate to buy life insurance because they are not aware of their needs
b People hesitate to buy life insurance because they prefer to enjoy the present
c Both the statements are correct
d Both the statements are wrong

5 Which is the right time for taking life insurance?
a When you are about to get married
b Soon after you have got married
c Just when you are joined a new job
d All the three ‘times’ are right

6 Retention of risk may be done conveniently by
a Large corporations
b Small companies
c Single individuals
d None of the three

7 A valuation is done by a life insurer because
a It is a statutory requirement
b It is necessary to be able to declare dividends to shareholders
c It tells the insurer how well it is managing the business
d All of the above

8 The reason for charging level premiums is
a Risk increases as age increases
b It is convenient to the policyholder
c It is convenient to the insurer
d All the above reasons

9 What does a premium depend upon?
a The place of worship visited by the person to be insured
b The state of health of the policyholder
c The decision of the underwriter
d The report of the agent

10 State which one of the following statements is correct?
a In group insurance, a single policy is issued covering many persons
b A master policy covers servants of a master
c Both the statements above are correct
d Both the statements above are wrong

11 Which one of the following statements is correct?
a In a limited payment policy, there is a maximum limit to the SA
b In a limited payment policy, there is a maximum limit to the term
c Both the statements above are wrong
d Both the statements above are correct

12 Which one of the following statements is true with regard to Children’s policies?
a On vesting, the insured person has an option to change the term of the policy
b On vesting the insured person has an option to increase the SA
c Both the statements above are wrong
d Both the statements above are correct

13 Which of the following could be the basis of the cover in a group policy?
a Height of the life insured
b Age of the life insured
c Size of the insured’s family
d All the three above

14 Which one of the following statements is true with regard to Children’s policies?
a On vesting, the insured person has an option to change the term of the policy
b On vesting the insured person has an option to increase the SA
c Both the statements above are wrong
d Both the statements above are correct

15 Which one of the following statements is correct?
a Every plan of insurance is a combination of two basic plans
b The name given to a plan indicates the benefits available under the plan
c Both the statements above are correct
d Both the statement s above are wrong

16 Which one of the following statements is correct?
a Underwriting is done only when there is a medical examination
b Medical examination is necessary before a policy can be issued
c Both the statements above are correct
d Both the statements above are wrong

17 Which one of the following statements is correct?
a The underwriter determines the premium to be charged
b The underwriter is an employee of the insurer
c Both the statements above are correct
d Both the statements above are wrong

18 Which one of the following statements is correct?
a If the underwriter feels that the risk is more, he will accept at OR
b If the underwriter feels that the risk is more, he may impose a lien
c Both the statements above are correct
d Both the statements above are wrong

19 Which one of the following statements is correct?
a The schedule of a policy is not altered after the policy is issued
b Changes in the terms of the policy are made through endorsements
c Both the statements above are correct
d Both the statements above are wrong

20 The date of issue of the FPR indicates
a The date when the risk effectively begins
b The date when the next premium falls due
c The date when the policy will commence
d None of the above

21 Which one of the following statements is correct?
a In the case of SSS policies, renewal premium receipts are issued
b In the case of SSS policies, FPRs are issued
c Both the statements above are correct
d Both the statements above are wrong

22 Which one of the following statements is correct?
a Assignee is free from the assignor’s obligations under the policy
b A nomination is automatically cancelled when a loan is taken under the policy
c Both the statements above are correct
d Both the statements above are wrong

23 Which one of the following statements is correct?
a The beneficiaries under the MWP Act can be any member of the family
b A policy can be taken under the MMWP Act for the benefit of parents
c Both the statements above are correct
d Both the statements above are wrong

24 Which one of the following statements is correct?
a Foreclosure can be done only with the consent of the policyholder
b Foreclosure can be done only after informing the policyholder
c Both the statements above are correct
d Both the statements above are wrong

25 Which one of the following statements is correct?
a Revivals are not done unless the entire outstanding premium is paid
b Revivals are not done unless the underwriter agrees
c Both the statements above are correct
d Both the statements above are wrong

26 Which one of the following statements is correct?
a Foreclosure action cannot be taken till a notice is served on the policyholder
b When a foreclosure action is taken, nothing is payable to the policyholder
c Both the statements above are correct
d Both the statements above are wrong

27 Which one of the following statements is correct?
a The beneficiaries under the MWP Act can be any member of the family
b A policy can be taken under the MMWP Act for the benefit of parents
c Both the statements above are correct
d Both the statements above are wrong

28 Which one of the following statements is correct?
a A presumption of death is not the same as proof of death
b Presumption of death allows inheritance of property
c Both the statements above are correct
d Both the statements above are wrong

29 When does a claim arise under an insurance policy?
a Whenever the policyholder feels the need for money
b When the insured events happen
c When a premium is not paid
d Whenever any of the three things mentioned above happen

30 Which one of the following statements is correct?
a Maturity claim cheques are paid to the trustees in a MWP Act case
b Maturity claim cheques are paid to the beneficiaries in a MWP Act case
c Both the statements above are correct
d Both the statements above are wrong

31 If a claim is made in January 2007 under a policy, which commenced in May 2002, stating that the life insured had died in April 2004,
a Section 45 of the Act will not apply
b The claim can be treated as an early claim
c Foul play must be suspected
d All the three statements above are correct

32 Which one of the following statements is correct?
a A policy reported to be lost, may actually have been assigned
b A policy has no value after the payment of survival benefits
c Both the statements above are correct
d Both the statements above are wrong

33 Which one of the following statements is correct?
a The foreign exchange regulations apply if the life insured is a non-resident
b The foreign exchange regulations apply if the claimant is a non-resident
c Both the statements above are correct
d Both the statements above are wrong

34 State which of the following statements is correct
a ULIPs provide for flexibility
b ULIPs are better than traditional policies
c Both the above statements are correct
d Both the above statements are wrong

35 State which of the following statements is correct
a In ULIPs, the offer bid spread is the difference between the two prices
b In ULIPs, the offer bid spread, will in some cases be zero
c Both the above statements are correct
d Both the above statements are wrong

36 State which of the following statements is correct
a In ULIPs the insurance cover must be a minimum multiple of the premium
b ULIPs can be surrendered after two years
c Both the above statements are correct
d Both the above statements are wrong

37 State which one of the following statements is correct
a Life insurance is the best savings scheme for all persons
b Life insurance is the best investment scheme for young persons
c Both the statements above are correct
d Both the statements above are wrong

38 Which of the following statements is correct?
a An insurance agent has fixed working hours
b An insurance agent has to mark his attendance in office every day
c An insurance agent works according to his schedule
d An insurance agent cannot do any other work

39 State which one of the following statements is correct
a When vital information is not disclosed, the policyholder is benefited
b When a claim is repudiated, the agent’s trustworthiness is affected
c Both the statements above are correct
d Both the statements above are wrong

40 State which one of the following statements is correct?
a The social sector is not only in the urban areas
b The social sector includes the unorganized sector
c Both the statements above are correct
d Both the statements above are wrong