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testing Online Quiz - 55

Description: testing Online Quiz - 55
Number of Questions: 20
Created by:
Tags: testing
Attempted 0/20 Correct 0 Score 0

Insurer solvency is assed based on -------

  1. good will

  2. financial statements

  3. Owner's equity

  4. Liabilities of the company


Correct Option: B

------- act of US empowers state govt to regulate insurance industry

  1. IRDA Act

  2. The Mc Carran Ferguson Act

  3. NAIC

  4. Security Exchange Norms


Correct Option: B

------ Act is also known as Financial Modernization Act of 1999

  1. The Mc Carran Ferguson Act

  2. The Gramm Leach Billey Act

  3. The Canadian Council of Insurance Regulators

  4. None of the Above


Correct Option: B

The second largest insurance market in world is

  1. US

  2. UK

  3. Japan

  4. India


Correct Option: C

IRDA Act was passed in ------ Year

  1. 2000

  2. 1999

  3. 1938

  4. None of the Above


Correct Option: B

The FDI limit in insurance industry for foreign player is

  1. 0.24

  2. 0.26

  3. 0.49

  4. 0.51


Correct Option: B

----- insurance safeguards against physical damage to machinery or equipment involved in electrical power generation and transimission

  1. Boiler Insurance

  2. Aviation insurance

  3. Fire Insurance

  4. None of these


Correct Option: A

Social Insurance are based on statuate but not on contract

  1. True

  2. False


Correct Option: B

Insurance for Insurance is Known as

  1. Co insuarnace

  2. Re insurance

  3. Double Insurance

  4. Under insurance


Correct Option: B

Which of the following distrubution comes under Continous randam variable

  1. Normal Distrubution

  2. Binomial Distrubution

  3. Poisson Distrubution

  4. All the Above


Correct Option: A

Subjective Risks are covered under Insurance

  1. True

  2. False


Correct Option: B

Helath Insurance is a part of both Life insurance and Non life Insurance

  1. True

  2. False


Correct Option: B
  1. Physiacal Hazard

  2. Legal hazard

  3. Moral Hazard

  4. Morale Hazard


Correct Option: C

What is the expanded form of IOU internal to TCS?

  1. Indian Operating Unit

  2. International Operating Unit

  3. Independent Operating Unit

  4. Internal Operating Unit


Correct Option: C

AI Explanation

To answer this question, you need to understand the expanded form of IOU internal to TCS.

Option A) Indian Operating Unit - This option is incorrect. IOU does not stand for Indian Operating Unit.

Option B) International Operating Unit - This option is incorrect. IOU does not stand for International Operating Unit.

Option C) Independent Operating Unit - This option is correct. IOU stands for Independent Operating Unit within TCS.

Option D) Internal Operating Unit - This option is incorrect. IOU does not stand for Internal Operating Unit.

The correct answer is C) Independent Operating Unit. This option is correct because IOU within TCS refers to an Independent Operating Unit.

What is the full form of ISU?

  1. Internal Solutions Unit

  2. International Solution Unit

  3. Industry Solution Unit

  4. Indian Solution Unit


Correct Option: C

Full form of HDSU

  1. Horizontal Section Department Units

  2. Hosting Service Delivery Units

  3. Horizontal System Delegation Units

  4. Horizontal Service Delivery Units


Correct Option: D

Full form of PMO internal to TCS

  1. Project Management Office

  2. Process Managing Office

  3. Priority Managing Organization

  4. Process Maintenance Office


Correct Option: A

What is the expanded form of GDC?

  1. Global Delivery Central

  2. Global Delivery Centre

  3. Global Delivery Circle

  4. Global Delivery Contract


Correct Option: B
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