Lic Ado Gk Knowledge

LIC ADO GK KNOWLEDGE

Q.51 is a collection of lyrics.

1. Rig Veda

2. Sam Veda

3. Yajur Veda

4. Atharva Veda

5. None of these

Correct Ans:

1

Correct Ans:

1 N/A Solution

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Q.52 Countries or states, which impose no tax or very low tax are called as -

1. Tax terrorism

2. Tax heavens

3. Tax keepers

4. Tax generators

5. None of these

Correct Ans:

2 N/A Solution

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Q.53 If a person just has endorsed a policy. It means he_____the policy.

1. Fixed

2. Reinstated

3. Changed

4. Cancelled

5. None of these

Correct Ans:

3 N/A Solution

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Q.54 In which state of India, Microsoft has agreed to set up a digital village?

1. Uttar Pradesh

2. Tamil Nadu

3. Telangana

4. Maharashtra

5. None of these

Correct Ans:

4 N/A Solution

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Q.55 In which year The Indian Life Assurance Companies Act was enacted as the first statute to regulate the life insurance business in India?

1. 1980

2. 1912

3. 1917

4. 1990

5. 1920

Correct Ans:

2 N/A Solution

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Q.56 India borrowed, Preamble from the constitution of which country ?

1. Russia

2. Britain

3. France

4. U.S.A.

5. Australia

Correct Ans:

4 N/A Solution

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Q.57 Name the driver, who won the British Grand Prix ?

1. Nico Roseberg

2. Sebastion Vettel

3. Daniil Kvyat

4. Lewis Hamilton

5. None of these

Correct Ans:

4 N/A Solution

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Q.58 On August 6, 1945 an atom bomb was dropped on the city of Hiroshima by U.S.A. What was its name ?

1. Fat Boy

2. Little Boy

3. Fat Man

4. Slim Man

5. None of these

Correct Ans:

2 N/A Solution

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Q.59 Panchsiddhantika is written by___

1. Aryabhatta

2. Brahmagupta

3. Varahamihira

4. Rajyavardhan

5. Kalidasa

Correct Ans:

3 N/A Solution

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Q.60 The aim of the Bharat Nirman Yojna is .

1. Providing employment opportunities

2. Spreading education

3. Developing rural infrastructure

4. All of the above

5. None of these

Correct Ans:

3 N/A Solution

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Q.61 The amount that an individual must pay for health care expenses before insurance covers the costs is known as:

1. Out of pocket expense

2. Co-Payment

3. Out of pocket maximum

4. Deductible

5. Security

Correct Ans:

2 N/A Solution

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Q.62 The cost to replace an item of property at the time of loss, less an allowance for depreciation, is known as-

1. Replacement Cost

2. Apparent Authority

3. Absolute Liability

4. Actual Cash Value

5. Apparent Cost

Correct Ans:

4 N/A Solution

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Q.63 The device used to detect and measure electric current in a circuit is also called .

1. Ammeter

2. Voltmeter

3. Galvanometer

4. Transformer

5. None of these

Correct Ans:

3 N/A Solution

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Q.64 The time between the exact hour and date of policy inception and the hour and date of expiration, is referred to as________.

1. Policy Limit

2. Policy Territory

3. Policy Period

4. Policy Jacket

5. Policy Hour

Correct Ans:

3 N/A Solution

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Q.65 Which among the following is also referred to as Flexible Exchange Rate ?

1. Floating Exchange Rate

2. Real Exchange Rate

3. Fixed Exchange Rate

4. Controlled Exchange Rate

5. None of these

Correct Ans:

1 N/A Solution

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Q.66 Which among the following is NOT the private sector General Insurance Company in India?

1. United India Insurance Co Ltd

2. Bajaj Allianz General Insurance

3. Shriram General Insurance

4. Reliance General Insurance

5. None of these

Correct Ans:

1 N/A Solution

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Q.67 Which country lifted the FIFA women's world cup 2015?

1. USA

2. Canada

3. Germany

4. Japan

5. None of these

Correct Ans:

1 N/A Solution

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Q.68 Which of the following chemicals cause acid rain?

1. Sulfur dioxide

2. Nitrous Oxide

3. Carbon trioxide

4. All of these

5. None of these

Correct Ans:

1 N/A Solution

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Q.69 Which of the following is NOT a subsidiary of LIC?

1. LIC Housing Finance

2. LIC Cards Services

3. LIC Nomura Mutual Fund

4. LIC Credit Services

5. None of these

Correct Ans:

4 N/A Solution

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Q.70 Which of the following is wrongly matched?

1. French open : Clay court

2. Wimbledon : Grass Court

3. Australian open : Clay court

4. All of these

5. None of these

Correct Ans:

3 N/A Solution

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Q.71 Which of the following planet has ring around them?

1. Jupiter

2. Saturn

3. Uranus

4. All of these

5. None of these

Correct Ans:

4 N/A Solution

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Q.72 Which state launched "Mhara Gaon-Jagmag Gaon" scheme?

1. Haryana

2. Punjab

3. Rajasthan

4. Uttar Pradesh

5. None of these

Correct Ans:

1 N/A Solution

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Q.73 Which veda deals with the procedure for the performance of sacrifice ?

1. Rig Veda

2. Yajur Veda

3. Sama Veda

4. Atharva Veda

5. Ayur Veda

Correct Ans:

2 N/A Solution

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Q.74 Which is the mode of Payment of Premium of a Life Insurance policy?

1. Cash

2. Internet

3. Money Order

4. Demand Draft

5. All of the above

Correct Ans:

5 N/A Solution

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Q.75 Who is the chairman of the committee on innovation and entrepreneurship set up y NITI Ayoug?

1. Rhaul Yadav

2. Traun Khanna

3. Rajiv Bajaj

4. Vishal Sikka

5. None of these

Correct Ans:

2

Q.101 Bancassurance guidelines are setup by

1. RBI

2. IRDA

3. SEBI

4. IBA

5. LIC

Correct Ans:

2 N/A Solution

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Q.102 Advertising helps in---

1. After sales services

2. Socializing

3. Corresponding via mails

4. Increasing the number of customers

5. Pricing the product at the growth stage

Correct Ans:

4 N/A Solution

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Q.103 Finance commission is constituted by____

1. President

2. Chief Justice

3. Finance Minister

4. RBI

5. Prime Minister

Correct Ans:

1 N/A Solution

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Q.104 Banks sell insurance-

1. To increase clients

2. To increase loans

3. To earn more profits

4. To increase deposits

5. To take over insurance companies

Correct Ans:

3 N/A Solution

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Q.105 Life insurance which provides coverage at a fixed rate of payments for a limited period of time, the relevant term is ____________

1. Universal Life Insurance

2. Whole Life Insurance

3. Term Life Insurance

4. General Life Insurance

5. Pension Life Insurance

Correct Ans:

3 N/A Solution

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Q.106 Marketing strategies include-

1. Direct mailing

2. Banking

3. Insurance

4. All of the above

5. None of these

Correct Ans:

1 N/A N/A

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Q.107 What does the term umbrella policy refer to ?

1. Coverage that is over and above your primary insurance policies

2. One general policy for all types of insurance

3. Coverage for Acts of God such as hurricanes and earthquakes

4. Flood insurance coverage

5. All of the above

Correct Ans:

1 N/A Solution

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Q.108 What does an insurance company that operates only one industry or line of business, is known as-

1. Mono-Line Company

2. Domestic Company

3. Multi-Line Company

4. Foreign Company

5. Uni-Line Company

Correct Ans:

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Q.109 Which of the following statements is TRUE?

1. A firm focusing on selling concept of marketing focuses primarily on the selling/promotion of a particular product instead of new consumer desires.

2. In Relationship marketing, emphasis is placed on the whole

relationship between suppliers and customers.

3. In Business marketing, marketing takes place between businesses or organizations.

4. Only 1 and 2

5. All of the above

Correct Ans:

5 N/A N/A

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Q.110 Which of the following techniques is used for distinguishing a product from others, to make it more attractive to a particular target market?

1. Product mixing

2. Product promotion

3. Product differentiation

4. Product branding

5. Product Packaging

Correct Ans:

3 N/A N/A

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Q.111 Which of the following is not one of the challenges faced in bank marketing ?

1. Trust of Customers

2. Untrained staff

3. Rural marketing

4. Customer awareness

5. All of the above

Correct Ans:

5 N/A Solution

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Q.112 A cold call in marketing means-

1. Approaching prospective customers through emails, telephone

2. Visiting prospective customers with your products at their doorstep

3. Calling someone by addressing him rudely

4. Rendering after sale services in specialized cases

5. All of the above

Correct Ans:

1 N/A Solution

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Q.113 Role of marketing channel is-

1. Links producers to buyers.

2. Performs sales, advertising and promotion.

3. Helps firms in paying their income taxes overdue.

4. All except 3

5. All except 2

Correct Ans:

4 N/A Solution

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Q.114 Which of the following statements is TRUE ?

1. Online advertising is a form of promotion that uses the Internet to deliver marketing messages to attract customers.

2. Display advertising means the use of web banners on a third-party website to drive traffic to a company's own website and increase product awareness.

3. Email marketing is directly marketing a commercial message to a group of people using electronic mail.

4. In conventional niche marketing, clusters of consumers are identified in order to more economically and efficiently target them.

5. All of the above

Correct Ans:

5 N/A Solution

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Q.115 Expand PEST in marketing terminology.

1. Political Economic Social Technological

2. Political Economic Social Transport

3. Private Economic Social Technological

4. Political Employment Social Technological

5. Political Economic Security Technological

Correct Ans:

1 N/A Solution

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Q.116 Match the following: I. KFC A. There is no Substitute

II. Harley Davidson B. Save Money. Live Better.

III. Volkswagen C. Its finger Lickin Good. IV. Walmart D. American by Birth. Rebel by Choice.

V. Porsche E. Think Small

1. I-B, II-A, III-D, IV-E, V-C

2. I-C, II-D, III-E, IV-B, V-A

3. I-B, II-D, III-C, IV-A, V-E

4. I-C, II-E, III-A, IV-B, V-D

5. I-E, II-A, III-C, IV-B, V-D

Correct Ans:

2 N/A Solution

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Q.117 Which of the following statement(s) is/are FALSE about Service Marketing ?

(A) Services marketing is a sub field of marketing.

(B) Services are tangible and can have a physical existence.

(C) Services cannot be stored, saved, returned or resold once they have been used.

1. Only A

2. A and B

3. Only B

4. B and C

5. Only C

Correct Ans:

3 N/A Solution

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Q.118 A Capital Market is a market for securities (debt or equity), where business enterprises (companies) and governments can raise ___________funds.

1. Long term

2. Short term

3. Medium term

4. both long and short term

5. None of these

Correct Ans:

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Q.119 SEBI has listed certain categories of grievances for which investors can file complaints with it. These include__________.

1. Non-receipt of refund order or allotment advice in case of investment in IPO's, FPO's and rights Issues.

2. Non-receipt of dividend from listed companies.

3. Non-receipt of share certificates after transfer from listed companies.

4. All of the above

5. None of these

Correct Ans:

4 N/A Solution

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Q.120 Which of the following is not a feature of Primary Market?

1. Which of the following is not a feature of Primary Market?

2. It is the market where the securities are sold for the second time.

3. The company receives the money and issues new security certificates to the investors.

4. It performs the crucial function of facilitating capital formation in the economy.

5. None of these

Correct Ans:

2 N/A Solution

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Q.121 The first sale of stock by a private company to the public is known as ______________.

1. First Selling

2. Initial Public Offering

3. Initial Stock Sale

4. Stock Selling

5. None of these

Correct Ans:

2 N/A Solution

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Q.122 Which of the following is not a feature of Capital Market?

(A) It deals with medium term and long term funds.

(B) It refers to all facilities and the institutional arrangements for borrowing and lending term funds (medium term and long term).

(C) Guild Edged Market is a part of Capital Market in India.

1. Only A

2. A and B

3. B and C

4. Only C

5. None of these

Correct Ans:

5 N/A Solution

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Q.123 Which of the following is the duration period of Second Five Year Plans?

1. 1957-1962

2. 1951-1957

3. 1950-1955

4. 1956-1961

5. None of these

Correct Ans:

4 N/A Solution

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Q.124 For internal financing of Five Year Plans, the government depends on which of the following?

1. Taxation only

2. Taxation and public borrowing

3. Public borrowing and deficit financing

4. Public borrowing and deficit financing

5. None of these

Correct Ans:

4 N/A Solution

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Q.125 The Five Year Plans of India intend to develop the country industrially through___________________.

1. The public sector

2. The private sector

3. The public, private, joint and Cooperative sectors

4. Increasing collaboration with non resident Indians

5. None of these

Correct Ans:

3 N/A Solution

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Q.126 The main model that formed the basis of the strategy of the Second Five Year Plan was formulated by ___________.

1. V.K. Rao

2. P.C. Mahalonobis

3. Dr. Gadgil

4. P.R. Brahamandas

5. None of these

Correct Ans:

2 N/A Solution

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Q.127 Which five year plan focused on "Growth with social justice and equity"?

1. Ninth Five Year Plan

2. Third Five Year Plan

3. Fifth Five Year Plan

4. Sixth Five Year Plan

5. None of these

Correct Ans:

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Q.128 The 12th Plan seeks to achieve_______ agriculture sector growth.

1. 3%

2. 5%

3. 4%

4. 6%

5. 7%

Correct Ans:

3 N/A Solution

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Q.129 Which of the following Programmes was started to help BPL people?

1. Community Development Programme

2. 20 Point Programme

3. National Social Assistance Programme

4. Swarna Jayanti Shahari Rozgar Yojana

5. None of these

Correct Ans:

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Q.130 Under Pradhan Mantri Jan Dhan Yojana life insurance is managed by ____________.

1. HDFC Ergo Insurance Company

2. Life Insurance Corporation of India

3. GIC

4. NICL

5. None of these

Correct Ans:

2 N/A Solution

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Q.131 Which type of unemployment occurs when joblessness is not caused by lack of demand but by changes in patterns or obsolescence of technology?

1. Structural unemployment

2. Cyclical unemployment

3. Frictional unemployment

4. Open unemployment

5. None of these

Correct Ans:

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Q.132 Which of the following programmes were started to provide seeds, loan, fertilizer, and equipment to farmers?

1. Kisan Sahayta Yojna

2. Intensive Agricultural District Programme

3. Agricultural Farm Programme

4. Krishi Yojana

5. None of these

Correct Ans:

2 N/A Solution

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Q.133 Name the programme which was started to provide additional wage employment in the rural areas?

1. Intensive Agricultural District Programme

2. Krishi Yojana

3. Sampoorna Grameen Rozgar Yojana

4. Pradhanmantri Gramodaya Yojana

5. None of these

Correct Ans:

3 N/A Solution

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Q.134 The 14 major banks in the country were nationalized in the year-

1. 1955

2. 1947

3. 1967

4. 1970

5. 1969

Correct Ans:

5 N/A Solution

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Q.135 Which of the following is the name of a Private Sector Bank in India ?

1. IDBI Bank

2. Axis Bank

3. Corporation Bank

4. UCO Bank

5. All are Private Banks

Correct Ans:

2 N/A Solution

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Q.136 Which of the following is not Development Bank/Non Commercial Bank?

1. SIDBI

2. National Housing Bank

3. IDBI

4. NABARD

5. None of these

Correct Ans:

3 N/A Solution

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Q.137 Which of the following are not a type of commercial banks?

1. Public Sector Banks

2. Development Banks

3. Foreign Banks

4. Private Sector Banks

5. None of these

Correct Ans:

2 N/A Solution

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Q.138 _________ is the central bank of our country.

1. State Bank of India

2. Reserve Bank of India

3. SIDBI

4. Punjab National Bank

5. None of these

Correct Ans:

2 N/A Solution

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Q.139 Which of the following is not a specialised bank?

1. EXIM Bank

2. RBI

3. SIDBI

4. NABARD

5. None of these

Correct Ans:

2 N/A Solution

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Q.140 Commercial banks are established in accordance with the provision of the ____________.

1. Banking Regulation Act, 1955

2. Banking Regulation Act, 1956

3. Banking Regulation Act, 1935

4. Banking Regulation Act, 1945

5. Banking Regulation Act, 1949

Correct Ans:

5 N/A Solution

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Q.141 What stands for NITI Aayog?

1. National Institute for Transforming India

2. National Institution for Transformation of India

3. National Institute for Transformed India

4. National Institution for Transforming India

5. None of these

Correct Ans:

4 N/A Solution

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Q.142 Which of the following has replaced Planning Commission?

1. Bhartiya Aarthik Aayog

2. NITI Aayog

3. Rashtriya Aayog

4. Vikas Aayog

5. None of these

Correct Ans:

2