GK United India AAO Exam & Insurance Knowledge Test

GK  United India AAO Exam & Insurance Knowledge Test

UI Insurance CO. AAO GK Paper

1. The present base year for calculating whole ale price index number is

(1) 1993-94

(2) 1991-92

(3) 1961-62

(4) 1950-51

Ans. (1)

2. Who committed the most daring murder of Sir Curzon Wyllie 1907 in a public meeting in London?

(1) B.N. Dutta

(2) M.L. Dhingra

(3) Sardar Ajit Singh

(4) S.C. Chatterjee

Ans. (2)

3. The International Day for Elimination of Racial Discrimination observed on -

(1) 20th February

(2) 21st February

(3) 20th March

(4) 21st March

Ans. (4)

4. Which of the following statements are true about ‘2011 World Cup’?

A. India will host the 2011 World Cup Final.

B. The two semifinals of the-mega event will be held in Pakistan and Sri Lanka.

C. The opening ceremony will be held in Bangladesh.

D. UAE will host the matches which will be played between India and Pakistan.

(1) Only A, B and C

(2) On1y B, C and D

(3) Only A, C and D

(4) Only A and D

Ans. (4)

5. On which Ute is Life Insurance Corporation of India completed its 50 years?

(1) 5th July

(2) 3rd August

(3) 1st September

(4) 15th September

Ans. (3)

6. The temple of Konark was built by Narasimha of the

(1) Maratha Administration

(2) Chola Administration

(3) Ganga Administration

(4) Vijayanagar Administration

Ans. (3)

7. Ahilyabai, the saintly queen of Maheshwar (Central India) belonged to which dynasty?

(1) Scindia dynasty

(2) Peshwa dynasty

(3) Holkar dynasty

(4) Rajput dynasty

Ans. (3)

8. ‘Nuclear Non-Proliferation Treaty (NPT)’ has not yet been signed by

(1) India

(2) China

(3) Canada

(4) United Kingdom

Ans. (1)

9. What is Value Added Tax (VAT)?

(1) A single tax that replaces State Taxes like surcharge, turnover tax, etc.

(2) A simple, transparent, easy to pay tax imposed on consumers.

(3) A new initiative taken by the Government to increase the tax burden of high income groups.

(4) A new tax to be imposed on the producers of capital goods.

Ans. (1)

10. On January 10, 2007 India crossed another milestone with the sucessfu1 launch of PSLVC7 which injected into orbit for the first time four satel1ites, Cartosat-2, SRE-1, Lapan-Tubsat and Pebuensat—1. Which one of them is an earth observation satellite?

(1) Cartosat-2

(2) SRE -1

(3) Lapan-Tubsat

(4) Pehuensat -1

Ans. (1)

11. Which bank has launched India’s first loan disbursement card recently?

(1) SBI

(2) UTI

(3) IDBI

(4) ICICI

Ans. (3)

12. Who has been named “Business man of the Year for 2006” by Forbes Asia’?

(1) Nandan Nilekani

(2) Mukesh Ambani

(3) Vijay Mallya

(4) Azim Premji

Ans. (1)

13. ‘Diet’ is a joint session of the Parliament of which nation?

(1) China

(2) Japan

(3) Vietnam

(4) Germany

Ans. (2)

14. Ban-ki-Moon who took oath on 14th December, 2006 as U.N. Secretary General belonged to

(1) South Africa

(2) South Korea

(3) Zimbabwe

(4) Yugoslavia

Ans. (2)

15. Paris is situated on the river

(1) Danube

(2) Seinne

(3) Tiber

(4) Avon

Ans. (2)

16. Who constructed the first mortality table to provide a link between life insurance premium and the average life span based on statistical laws of mortality and coupon Interest?

(1) Joseph Dodson

(2) Michael Dowe

(3) Edmond Halley

(4) Presbyterian Synod

Ans. (3)

17. Oriental Life Insurance Company started by European in Calcutta was the first Life Insurance Company on Indian soil. Life Insurance in its modern form came to India from England in the year:

(1) 1808

(2) 1818

(3) 1828

(4) 1838

Ans. (2)

18. The birth place of social insurance is

(1) England

(2) Italy

(3) America

(4) Germany

Ans. (2)

19. Which of the following is not correctly matched?

(1) New Bima Gold — 4th September, 2006

(2) Jeevan Akshay-V-— 20th September, 2006

(3) Jeevan Tarang — 2nd March, 2006

(4) Amuly a Jeevan — 27th February, 2006

Ans. (3)

20. The premium charged by the Life Insurance is calculated on the basis of

(1) Mortality

(2) Interest

(3) Expenses

(4) All of the above

Ans. (4)

21. What is the similarity between insurance and reinsurance?

(1) Principle of almost good faith

(2) Principle of indemnity

(3) Conditional contracts

(4) All of the above

Ans. (4)

22. If the amount of claim is Rs. 25 lakhs, which consumer court will hear the grievances of the consumer?

(1) Ombudsman

(2) State level

(3) National level

(4) District level

Ans. (3)

23. A person who acts as an arbitrator under section 114 of Insurance Act Is

(1) Ombudsman

(2) Arbitrator

(3) Councillor

(4) Mediator

Ans. (1)

24. Valid period for insurance agents license is

(1) 2 years

(2) 3 years

(3) 4 years

(4) 5 years

Ans. (2)

25. When did the brokers regulation was passed?

(1) 1999

(2) 2000

(3) 2001

(4) 2002

Ans. (4)