New India Assurance Co. Ltd. (A.O.) Exam., 2009

New India Assurance Co. Ltd. (A.O.) Exam., 2009
(Held on 25-10-2009)
General Awareness : Solved Paper


1. Which of the following is not the name of an Insurance Scheme launched by the Government of India ?
(A) Janashree Bima Yojana
(B) Krishi Shramik Samajik Suraksha Yojana
(C) Shiksha Sahyog Yojana
(D) Varsha Bima Yojana
(E) National Saving Scheme Programme
Ans : (D)

2. Which of the following insurance companies writes its punch line in the advertisements—
“Insurance is the subject matter of solicitation” ?
(A) GIC
(B) LIC
(C) ING Vysya Life Insurance Co.
(D) Tata AIG Life Insurance Co.
(E) None of these
Ans : (B)

3. How much Foreign Institutional Investment is allowed in insurance sector at present ?
(A) 20%
(B) 46%
(C) 59%
(D) 63%
(E) None of these
Ans : (E)



4. How many public sector companies in India are in Insurance Business ?
(A) Only one
(B) Two
(C) Three
(D) Four
(E) More than ten
Ans : (A)

5. Which of the following was the parent company of New India Assurance ?
(A) LIC
(B) GIC
(C) Oriental Insurance Co. Ltd.
(D) United India Insurance
(E) None of these
Ans : (B)

6. Which of the following organizations of the workers of unorganized sector has adopted an insurance scheme for all its workers and has become a model organization for the workers of the unorganized sector ?
(A) SERC
(B) SEWA
(C) VSNL
(D) SEBI
(E) MTNL
Ans : (B)

7. Which of the following projects of the ISRO was recently insured by the New India Assurance Company ?
(A) MATSAT–II
(B) Aryabhatt
(C) PSLV
(D) Chandrayaan
(E) INSAT–2E
Ans : (C)

8. Which of the following industrial groups of India is Not in any type of Insurance Business in India ?
(A) Tatas
(B) Birlas
(C) Jaipurias
(D) Mahindras
(E) All are in Insurance Business
Ans : (C)

9. Which of the following words/terms is closely associated with the insurance business ?
(A) Archives
(B) Donation
(C) Actuary
(D) Quest
(E) All are associated with insurance
Ans : (C)

10. Which of the following is the abbreviated name of the agency/organization which is the regulator of insurance business in India ?
(A) NHB
(B) IRDA
(C) IBA
(D) IDFC
(E) ICRISAT
Ans : (B)

11. Insurance services are normally not provided for which of the following ?
(A) Health
(B) Life
(C) Jobs
(D) House & Property
(E) It is available for all
Ans : (C)

12. The New India Assurance Company was established in 1919 by—
(A) Dorab Tata
(B) G. D. Birla
(C) Jamunalal Bajaj
(D) Kamlapat Singhania
(E) None of these
Ans : (A)

13. Which of the following is largest Non Life Insurance Company in India ?
(A) ICICI Lombard General Insurance Company Ltd.
(B) United India Insurance Company Ltd.
(C) General Insurance Company Ltd.
(D) New India Assurance Company Ltd.
(E) None of these
Ans : (D)

14. Ramesh Pokhriyal has taken over as the new—
(A) Chief Minister of Chhattisgarh
(B) Chief Minister of Uttarakhand
(C) Governor of Haryana
(D) Governor of Uttarakhand
(E) Governor of Chhattisgarh
Ans : (B)

15. As per the announcement made by the Govt. of India, which of the following organizations is set up by it for a very specific purpose of providing a personal identity card to all its citizens ?
(A) National Remote Sensing Agency
(B) Unique Identification Authority of India (UIA)
(C) National Spot Exchange
(D) Trade Development Authority
(E) People’s Union for Civil Liberties
Ans : (B)

16. Which of the following Insurance Companies was launched with NABARD as one of its promoter’s with 30% stake in it ?
(A) General Insurance Corporation Ltd.
(B) National Insurance Company Ltd.
(C) Agriculture Insurance Company Ltd.
(D) SBI Life Insurance Company Ltd.
(E) None of these
Ans : (A)

17. Who amongst the following is new Foreign Secretary of India ?
(A) Nirupama Rao
(B) Goolam E. Vahanvati
(C) Brindeshwar Pathak
(D) Naveen Chawla
(E) None of these
Ans : (A)

18. Which of the following correctly describes what the ‘Bancassurance’ is ?
1. It is an arrangement whereby the branches of a bank sell/distribute insurance products of an insurance company.
2. It is a new product developed/launched by the banks in which the risks of the high value customers are covered for any losses to their property and/or lives through an insurance cover.
3. It is a new product launched by some banks by which they are providing insurance cover to exporters/ importers for the losses, if any due to high fluctuations in the exchange rates of dollars and other major currencies.
(A) Only 1
(B) Only 2
(C) Only 3
(D) All 1, 2 and 3
(E) None of these
Ans : (A)

19. Which of the following is the abbreviated name of the organizations which provides credit guarantee to exporters ?
(A) FICCI
(B) NABARD
(C) SIDBI
(D) ECGC
(E) SEBI
Ans : (D)

20. The Railway Budget 2009-10 was presented in the Lok Sabha (in July 2009) by—
(A) Lalu Prasad Yadav
(B) Kapil Sibal
(C) P. Chidambaram
(D) Mamata Banerjee
(E) Pranab Mukherjee
Ans : (D)

21. ‘Satyam’ the well known company which has been in the news in recent past, is now known with its new name as—
(A) Mahindra Satyam
(B) Birla Satyam
(C) Reliance Satyam
(D) Tata Satyam
(E) None of these
Ans : (A)

22. The Economic Survey which was presented in the Lok Sabha in July 2009, was the survey for the year/period of—
(A) 2007–08
(B) 2008–09
(C) 2009–10
(D) Tenth five year plan
(E) None of these
Ans : (B)

23. The Government of India has recently decided to allow about 2,200 items to come to Indian markets with a tag of ‘Duty Free Items.’ These items are imported from—
(A) China
(B) Singapore
(C) Sri Lanka
(D) Nepal
(E) Pakistan
Ans : (B)

24. Who amongst the following is not one of the IIFA Award winners of 2009 ? (Under any one of the categories).
(A) Priyanka Chopra
(B) Asin
(C) Farhan Akhtar
(D) Karishma Kapoor
(E) Hrithik Roshan
Ans : (D)

25. Saina Nehwal is a famous—
(A) Badminton player
(B) Table Tennis Player
(C) Lawn Tennis Player
(D) Hockey Player
(E) Chess Player
Ans : (A)

26. ‘No Tobacco Day‘ is observed every year on—
(A) 1st May
(B) 1st June
(C) 31st May
(D) 30th June
(E) None of these
Ans : (C)

27. India has recently appointed a new Attorney General. Attorney Generals are advisers to the Government of India in—
(A) Defence related matters
(B) Diplomatic matters
(C) Legal matters
(D) Financial matters
(E) None of these
Ans : (C)

28. The presidential election in which of the following countries, held in June 2009, created a controversy as one of the candidates who was declared defeated refused to accept the results of the same ?
(A) Iran
(B) Pakistan
(C) Nepal
(D) Sri Lanka
(E) USA
Ans : (A)

29. Which of the following awards is given for excellence in the field of Literature ?
(A) N. Borlaug Award
(B) Kalinga Prize
(C) Kishor Kumar Award
(D) Saraswati Samman
(E) Dronacharya Award
Ans : (D)

30. The parliamentarian elections of which of the following organizations were held in June 2009 ?
(A) European Union (EU)
(B) Oil & Petroleum Exporting Countries (OPEC)
(C) Shanghai Corporation
(D) South Asian Association for Regional Cooperation (SAARC)
(E) None of these
Ans : (A)

31. The 79th Amendment to the Indian Constitution done in 1999 was associated with the—
(A) reservation of seats in the Parliament and State Assemblies for SC/ST candidates
(B) creation of three new states Chhattisgarh, Uttarakhand and Jharkhand
(C) land reforms in many states
(D) giving more powers to Panchayats
(E) None of these
Ans : (A)

32. Which of the following books is written by Arundhati Roy ?
(A) The Last Hero
(B) Stolen Harvest
(C) A Himalayan Love Story
(D) Freedom From Fear
(E) God of Small Things
Ans : (E)

33. Which of the following schemes was launched recently to make Indian cities free from slums ?
(A) Bharat Nirman
(B) Indira Vikash Yojana
(C) Indira Awas Yojana
(D) Rajiv Awas Yojana
(E) None of these
Ans : (D)

34. Admiral Gorshkov Aircraft carrier Refit Project is a deal between India and—
(A) China
(B) South Korea
(C) Russia
(D) Iran
(E) None of these
Ans : (C)

35. The sex ratio in India is higher in which of the following states ?
(Females (1058) are more than per thousand males)—
(A) Maharashtra
(B) Kerala
(C) Manipur
(D) Assam
(E) Karnataka
Ans : (B)

36. Which of the following countries in Not a member of ASEAN ?
(A) Myanmar
(B) Singapore
(C) China
(D) Vietnam
(E) Malaysia
Ans : (C)

37. Tipaimukh Dam which was in news recently is located in which of the following states ?
(A) Nagaland
(B) Meghalaya
(C) Arunachal Pradesh
(D) Manipur
(E) Assam
Ans : (D)

38. Which of the following states has highest Literacy Rate in country ?
(A) Gujarat
(B) Maharashtra
(C) Delhi
(D) Andhra Pradesh
(E) Kerala
Ans : (E)

39. Which of the following cups/trophies is closely associated with the game of Hockey ?
(A) Mardeka Cup
(B) Wimbledon Trophy
(C) Ranji Trophy
(D) Durand Cup
(E) Agha Khan Cup
Ans : (E)

40. Which of the following diseases is caused by a virus ?
(A) Plague
(B) Cholera
(C) Whooping cough
(D) Tetanus
(E) Chicken pox
Ans : (E)