GIC Clerk MCQs
GIC Clerk MCQs section helps aspirants prepare for the General Insurance Corporation (GIC) Clerk exam. Here you will find a varied set of multiple choice questions that cover most of the topics covered in the GIC Clerk exam syllabus. These MCQs are designed to assess the candidate's skill set in General Awareness, Reasoning, Quantitative Aptitude and English Language.
Practicing through these well-crafted questions helps candidates to understand the exam pattern, recognize topics for further study and enhances their speed at solving problems accurately. Overall, the MCQs aim to recreate an actual exam experience so that students can confidently navigate their GIC Clerk exam.
The GIC Clerk exam is a gheroco in that systematic practice on these MCQs can greatly increase success rates. This collection comes in handy if you are preparing for your written test or want to optimize your strategy while you are all set for your exams. Keep practicing, and these materials will help you excel to get selected for the General Insurance Corporation.
Q1. Who is the current chairman of the General Insurance Corporation of India (GIC)?
📘 View ExplanationQ2. What does the term "premium" refer to in insurance?
📘 View ExplanationQ3. Which of the following is the largest public sector general insurance company in India?
📘 View ExplanationQ4. Which of the following is NOT a type of insurance policy?
📘 View ExplanationQ5. Which insurance company was the first to introduce motor insurance in India?
📘 View ExplanationQ6. What is the full form of "GIC" in the insurance sector?
📘 View ExplanationQ7. Which of the following is NOT a part of the life insurance industry?
📘 View ExplanationQ8. What is the primary function of an insurance underwriter?
📘 View ExplanationQ9. What is the average claim settlement period for the General Insurance Corporation of India?
📘 View ExplanationQ10. Which of the following documents is required to claim health insurance?
📘 View ExplanationQ11. What is the minimum age for purchasing a life insurance policy in India?
📘 View ExplanationQ12. Which of the following insurance schemes was launched by the Government of India for low-income workers?
📘 View ExplanationQ13. In case of a car accident, who is responsible for submitting the insurance claim?
📘 View ExplanationQ14. How is the "sum assured" in an insurance policy defined?
📘 View ExplanationQ15. Which of the following is an example of "non-life" insurance?
📘 View ExplanationQ16. Which of the following is a common feature of health insurance policies?
📘 View ExplanationQ17. Which of the following factors does NOT influence the premium of an insurance policy?
📘 View ExplanationQ18. What is the meaning of "exclusions" in an insurance policy?
📘 View ExplanationQ19. What is the role of an insurance agent?
📘 View ExplanationQ20. What is the "waiting period" in health insurance?
📘 View ExplanationQ21. What is the purpose of "reinsurance" in the insurance industry?
📘 View ExplanationQ22. Which of the following is a "term life" insurance policy?
📘 View ExplanationQ23. Which of the following is NOT a common clause in health insurance policies?
📘 View ExplanationQ24. What is the full form of "LIC" in the insurance sector?
📘 View ExplanationQ25. Which of the following insurance policies covers accidental death?
📘 View ExplanationQ26. What does "underwriting" mean in the insurance industry?
📘 View ExplanationQ27. What is the main purpose of "health insurance"?
📘 View ExplanationQ28. Which of the following is an example of "non-life insurance"?
📘 View ExplanationQ29. Which of the following is an example of "investment-linked" insurance?
📘 View ExplanationQ30. What is the "surrender value" of a life insurance policy?
📘 View ExplanationQ31. Which government scheme provides life insurance cover to the poor at low premiums?
📘 View ExplanationQ32. Which of the following is true about "term insurance"?
📘 View ExplanationQ33. Which of the following is a risk-sharing arrangement in the insurance industry?
📘 View ExplanationQ34. What is the primary purpose of "public liability insurance"?
📘 View ExplanationQ35. Which of the following is the maximum limit for the coverage provided by the Pradhan Mantri Suraksha Bima Yojana?
📘 View ExplanationQ36. What is the key feature of a "health insurance rider"?
📘 View ExplanationQ37. Which of the following is NOT a factor considered by insurance companies when calculating premiums?
📘 View ExplanationQ38. What does "no-claim bonus" mean in motor insurance?
📘 View ExplanationQ39. What is the purpose of "reinsurance" in the insurance industry?
📘 View ExplanationQ40. Which of the following is a feature of "Unit Linked Insurance Plans (ULIPs)"?
📘 View ExplanationLatest Blogs
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