IC38 Mock Test Exam Preparation | IRDA Exam 2024

Welcome to your Free IRDA IC-38 Exam Mock Test

Which among the following is the regulator for the insurance industry in India?

Which among the following is a secondary burden of risk

Which among the following is a method of risk transfer?

Which among the following scenarios warrants insurance?

Which of the below insurance scheme is run by an insurer and not sponsored by the Government?

Risk transfer through risk pooling is called

The measures to reduce chances of occurrence of risk are known as

Origins of modern insurance business can be traced to

In insurance context „risk retention‟ indicates a situation where

Which of the following statement is true?

Out of 400 houses, each valued at Rs. 20,000, on an average 4 houses get burnt every year resulting in a combined loss of Rs. 80,000. What should be the annual contribution of each house owner to make good this loss?

:Why do insurers arrange for survey and inspection of the property before acceptance of a risk?

Which of the below option best describes the process of insurance?

What is meant by customer lifetime value?

Identify the scenario where a debate on the need for insurance is not required.

As per the Consumer Protection Act, 1986, who cannot be classified as a consumer?

What does not go on to make a healthy relationship

Which among the following is not an element of active listening

-----------------------is not a tangible good.

-----------------is not an indicator of service qualit

In India insurance is mandatory.

One of the methods of reducing insurance cost of an insured is

A customer having complaint regarding his insurance policy can approach IRDA through

Consumer Protection Act deals with

has jurisdiction to entertain matters where value of goods or services and the compensation claim is up to 20 lakhs

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