Insurance Management Mock Test

Refer to Insurance Management Mock Test below. Students of BCom Insurance Management can do the below online test and refer to the full list of free Insurance Management BCom Mock Online Test provided below. These online Mock tests for BCom Insurance Management have been designed based on the pattern of questions expected to come in the upcoming examinations and the latest syllabus. This Insurance Management Mock Test is a free online mock practice test based on the important multiple choice questions (MCQs) from your BCom syllabus. The test for the topic Insurance Management includes a series of carefully selected questions with four options each as you can see below. Whether you’re a first-year, second-year, or final-year BCom student, this test will help you revise key questions that are likely to appear in your semester exams or university assessments.

Online Mock Test for BCom Insurance Management

In the Mock test for BCom Insurance Management you can see the list of questions below with options out of which you have to select one correct answer and after completing the test you can check your answers and score. This mock test will help students to check understanding of all topics in Insurance Management. Mock tests for Insurance Management are a proven way to boost BCom exam performance. The more you practice, the more confident you become in your exams. Our BCom: Insurance Management Online Mock Test will help you understand the subject better and prepare for exams more effectively

BCom Insurance Management Mock Test

1. Insurance is a cooperative form of distributing a certain__________over a group of persons who are exposed to it.

2. The chance of loss from the unforeseen circumstances in future refers to ______.

3. The person responsible for evaluation and acceptance / rejection of risks and computation of premium in insurance is called

4. In legal sense, Insurance is a

5. The agents who are selling policies of several life and non life insurance companies at a time are known as

6. ____________ is the total premium that a policy holder pays to insurance company

7. Master policy is issued for ___________.

8. Which of the following is an evidence of insurance contract?

9. The principle of _____________ ensures that an insured does not profit by insuring with multiple insurers

10. Insurance contract is sort of contract which is approved by

11. Find out which of the given statements is incorrect.

12. The principle of average applies when the value is _____________ in the proposal

13. The document which embodies the contract in insurance is called....

14. LIC was nationalised in

15. Insurance prices are called

16. ... principle in insurance means maximum truth.

17. Which of the following terms is dissimilar to the other four in the context of death claims in life insurance.

18. The principle of indemnity is not applicable to

19. Principle of utmost good faith is also known as ....

20. Insurance cannot prevent the occurrence of risk but it provides for the...

21. Insurance helps to:

22. i. State which of the statements given below is correct .

23. Which of the following terms is dissimilar to the other four options

24. The oldest life insurance company in existence today is the society for the equitable assurance of lives and survivorship, known as ...

25. Select the expanded form of ALOP used in insurance

26. Which of the following statements is incorrect in respect of brokers?

27. The .....company was the first insurance company to be set up in India to help the widows of the Europian community.

28. IAIS stands for..

29. Which of the following terms is dissimilar to the other four options?

30. ... may be described as a social device to reduce or eliminate risk of loss to life and property.

31. To provide the insured a speedy and inexpensive grievance redressal system ,the Govt.of India promulgated....

32. Time Policies relate to:

33. A person employed to do any act for another or to represent another in dealing with a third person refers to

34. RPG rule 1988 set up an institution for building the confidence of the policy holders in insurance.

35. Select the expanded form of SA as commonly used in life insurance

36. An actuary is expected to:

37. As per structured formula under the Motor Vehicle Act, victims of fatal injuries are paid compensation on the basis of:

38. The .....discovered by Jakob Bernoulls around 1700 forms the basis of modern insurance.

39. ....are agents but they can sell policies of several life and non-life insurance companies at a time.

40. An ombudsman is entrusted with....functions

41. The Sanskrit term .....,the name of LIC of India corporate headquarters,is found in Rig Veda.

42. When the same risk and subject matter is insured with more than one insurer is known as

43. The IRDA was set up in

44. The policy for which the premium is payable throughout the life of the assured is known as

45. Find out which of the given statements is incorrect

46. Committee of reforms in insurance sectors during 1993 headed by ________.

47. Compared to the premium for a Whole Life plan, the premium for an Endowment plan will be ____________ for the same age

48. Insurance business is based on __________.

49. The organisation structure of LIC refers to ___________.

50. The term Assurance refers to ________.

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BCom Mock online test Insurance Management

The above link for Insurance Management Mock Test will help you to check your understanding of all important concepts which have been prepared based on latest BCom syllabus. The free online mock tests for Insurance Management should be used by BCom students to check their understanding. We bring here the biggest collection of Insurance Management BCom MCQ Test to help you prepare properly and get highest rank in exams. Students can attempt the mock tests for BCom as many number of times as these mock online tests for BCom Insurance Management have been developed by our teachers after thorough review of the latest book and based on pattern of questions in upcoming exams.

How to improve your preparation with BCom Insurance Management Mock Test?

The Insurance Management mock online tests for BCom has been designed by our teachers to improve your understanding of this chapter. These online mock tests are structured so that it feels like real exam condition for students so that they can build their confidence and accuracy of answers. By daily practicing these MCQ based questions for BCom with answers students will be able to identify key topics to focus on and improve performance. The mock tests have been updated as per the latest NCERT book for BCom to help in your exam preparation.

Why choose to do Insurance Management Mock Test?

Daily practicing the Insurance Management mock tests for BCom has several benefits as they help to familiarize students with important concepts and effective time management skills. Each mock test for chapter Insurance Management given above includes a variety of questions that  have been selected from Question Papers for BCom and cover all important topics so that you have full preparation. After completing the Insurance Management Mock Test, students can review the answers to identify mistakes and improve further. Access these free online mock tests anytime and take a step closer to achieving excellence in your BCom exams.

How to do Mock Test for BCom Insurance Management?

Follow these simple steps to attempt the test:
a. The Insurance Management Mock Test has 30-50 questions for students as per BCom Sample Papers pattern.
b. Each Insurance Management question has four options, students of must read the question carefully and choose the correct answer.
c. Answer all questions given above for Insurance Management Mock Test.
d. Once you have answered all the Insurance Management MCQ based questions, click on the Submit button.
e. Your score of Online test for Insurance Management Mock Test will be shown instantly above.
f. To check your mistakes in MCQ based test for Insurance Management in BCom for , scroll up and see the correct answers.
g. You can attempt the Insurance Management Mock Test as many times to improve your score in BCom exams.

Are these BCom mock tests free?

Yes, all BCom Online Mock Tests are completely free for students.

How many times can I attempt a BCom online test?

There is no limit to the number of attempts and you can practice BCom online tests as many times as you want.

Do I need to sign up to take the BCom tests?

No, no signup is required to attempt our BCom mock tests and direct access is available.

Can I access these tests for BCom on mobile devices?

Yes, our platform is mobile-friendly and you can do BCom online mock tests anytime, anywhere.

Are the BCom questions updated regularly?

Yes, we continuously update our BCom question bank to align with the latest syllabus and exam patterns.