1: What is the rebate allowed in advance paid premium for half year & one year?
- a. 1% & 2%
- b. 2% & 3%
- c. 2%&4%
- d. None of these
2:
CIn case the policy three year old and if premium is not paid for 12 month and more
then the permission form the ______ is necessary
- a. DDG PLI
- b. DG Post
- c. Head of the Circle
- d. SSP/SP
3: In the event of policy holder committing suicide
- a. The full maturity benefit will be paid
- b. No claim will be entertained in suicide cases
- c. Within two year from the date of policy, the policy will be treated as void and no
claim will be entertained
- d. The premium will be returned a/w SB interest
4: How can we revive the lapsed PLI policy?
- a. Lapsed PLI cannot be revived
- b. Lapsed PLI can be revived after the sanction of the DG Post
- c. Lapsed PLI can be revived with the order of the CPMG and on paying all the
installment due along with 12% interest and also producing medical fitness
certificate
- d. ALapsed PLI can be revived getting another policy
5: Mark the correct option relating to the loan on PLI policy (WLA)
- a. Exceeding 4 years but not exceeding 7 years 60%
- b. Exceeding 7 years but not exceeding 12 years 80%
- c. Exceeding 12 years 90%
- d. All the above
6: Nomination fee for changing/altering of PLI policy is
- a. Rs 1/-
- b. Rs2/-
- c. Rs 5/-
- d. Free
7: The children policy in PLI and RPLI was introduced in
- a. 24 Mar 1995
- b. 20 Jan 2006
- c. 01 Apr 2004
- d. None of these
8: The min RPLI policy limit is
- a. 20000/-
- b. 25000/-
- c. 10000/-
- d. 15000/-
9: The max PLI policy limit for a physically handicapped persons is
- a. 300000/-
- b. 500000/-
- c. 100000/-
- d. None of these
10: An office is established at HQ of a Postal circle and deal with unclaimed and refused articles and articles without address or incomplete address is called as
- a. Nodal Post office
- b. Head post office
- c. Returned letter office
- d. None of the above