Previous Papers Of National Insurance Company Limited

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General Awareness
1. Which of the following is not the name of an Insurance Scheme launched by the Government of India
(A) ]anashree Bima Yojana
(B) Krishi Shramik Sarnajik
Suraksha Yojana
(C) Shiksha Sahyog Yojana
(D) Varsha Bima Yojana
(E) National Saving Scheme
Programme
Answer.D
2. Which of the following insurance companies writes its punch line in the advertisements Insurance is
he subject matter
of solicitation ?
(A) CIC
(B) LIC
(C) ING Vysya Life Insurance
Co.
(D) Tata AIG Life Insurance Co.
(E) None of these
Answer.B
3. How much Foreign Institutional Investment is allowed in insurance sector at present
(A) 20%
(B) 46%
(C) 59%
(D) 63%
(E) None of these

Answer.E
4. How many public sector companies in India are in Insurance Business
(A) Only one
(B) Two
(C) Three
(D) Four
(E) More than ten
Answer.A
5. Which of the following was the parent company of New India Assurance ?
(A) LIC
(B) GIC
(C) Oriental Insurance Co. Ltd.
(D) United India Insurance
(E) None of these
Answer.B
6. Which of the following organizations of the workers of unorganized sector has adopted an insurance
scheme for all its workers and has become a model organization for the workers of the unorganized
sector ?
(A) SERC
(B) SEWA
(C) VSNL
(D) SEBI
(E) MTNL
Answer.B
7. Which of the following projects
of the ISRO was recently insuredby the New India Assurance
Company ?
(A) MATSAT-II
(B) Aryabhatt
(C) PSLV
(D) Chandrayaan
(E) lNSAT2E
Answer.C
8. Which of t.he following industrial groups of India is Not in any type of Insurance Business in India 7
(A) Tatas
(B) Birlas
(C)' Iaipurias
(D) Mahindras
(E) All are in Insurance Business
Answer.C
9. Which of the following words/ terms is closely associated with the insurance business
(A) Archives
(B) Donation
(C) Actuary
(D) Quest
(E) All are associated with
insurance
Answer.C
10. Which of the following is the abbreviated name of the agency / organization which is the regulator of
insurance business in India ?
(A) NHB

(B) IRDA
(C) IBA
(D) IDFC
(E) ICRISAT
Answer.B
ll. Insurance services are normally not provided for which of the following?
(A) Health
(B) Life
(C) jobs
(D) House & Property
(E) It is available for all
Answer.C
12. The New India Assurance Company was established in 1919 by
(A) Dorab Tata
(B) G. D. Birla
(C) Iamunalal Baja]
(D) Kamlapat Singhania
(E) None of these
Answer.A
13. Which of the following is largest Non Life Insurance Company in India ?
(A) ICICI Lombard General
Insurance Company Ltd.
(B) United India Insurance
Company Ltd.
(C) General Insurance CompanyLtd.
(D). New India Assurance Company Ltd.
(E) None of these
Answer.D
14. Ramesh Pokhriyal has taken over as the new-

(A) Chief Minister of Chhattis-
garh

(B) Chief Minister of Uttara-
khand

(C) Governor of Haryana
(D) Governor of Uttarakhand
(E) Governor of Chhattisgarh
Answer.B

15. As per the announcement made by the Govt. of India, which of the following organizations is set up
by it for a very specific purpose of providing a personal identity card to all its citizens ?
(A) National Remote Sensing
Agency
(B) Unique Identification
Authority of India (UIA)
(C) National Spot Exchange
(D) Trade Development Authority
(E) Peoples Union for Civil
Liberties
Answer.B
16. Which of the following Insurance Companies was launched with NABARD as one of its promoters
with 30% stake in it ?

(A) General Insurance Corporation
Ltd.
(B) National Insurance Cornpany
Ltd.
(C) Agriculture Insurance Company
Ltd,
(D) SBI Life Insurance Company
Ltd.
(E) None of these
Answer.A
17. Who amongst the following is new Foreign Secretary of India 7
(A) Nirupama Rao
(B) Goolarn E. Vahanvati
(C) Brindeshwar Pathak
(D) Naveen Chawla
(E) None of these

Answer.A
18. Which of the following correctly describes what the 'Bancass-urance' is
1. It is an arrangement whereby
the branches of a bank
sell / distribute insurance
products of an insurance
company.
2. It is a new product devel-
oped/ launched by the banks
in which the risks of the
high value customers are
covered for any losses to
their property and/or lives
through an insurance cover.
3, It is a new product launched
by some banks by which
they are providing insurance
cover to exporters/ importers
for the losses, if any due
to high fluctuations in the
exchange rates of dollars
and other major currencies.
(A) Only 1
(B) Only2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
Answer.A
19, Which of the following is the abbreviated name of the organizations which provides credit guarantee
to exporters ?
(A) FICCI
(B) NABARD
(C) SIDBI
(D) ECGC