Current Affairs!

pravithpmenon · December 30, 2015, 1:28pm

http://ibps.sifyitest.com/cwepojun15/clinta_dec15/downloadstart.php

rahulking · January 1, 2016, 3:58pm

Next pm will be

Nitish kumar
Rahul gandhi
Arvind kajriwal
Narender modi
None of the above

0 voters

rahulking · January 3, 2016, 3:10pm

pakistan is our ..

Friend
Enemy

0 voters

raj.kundeti · January 3, 2016, 6:36pm

/

http://www.pagalguy.com/discussions/syndicate-bank-manipal-pgdbf-program-of-2015-16-batch-38499437

rahulking · January 6, 2016, 6:17pm

Which country will be power of the world after 2020

Pakistan
North koria
India

0 voters

rahulking · January 6, 2016, 6:27pm

For what reason north koria is on headline of every news ch. today..

Hydrogen bomb
Atom bomb
Halogen

0 voters

rahulking · January 6, 2016, 6:50pm

Join Current affairs Thread on PaGaLGuY – Invitation by @rahulking http://bnc.lt/a/key_live_kbkQE6Qy8jxrhqmDfbDCClenzre7DAvJ?groupId=38599967&campaign=pgapp_share&feature=groupshare

ratuls993 · January 7, 2016, 5:18am

A policy designed to provide coverage under a single limit for two or more items (e.g. building and/or contents), two or more locations, or a combination of items and/or locations. - Blanket Insurance

Period between the subscription date of an insurance-cum-pension policy and the time at which the first installment of pension is received is called as deferment period. - Deferment Period

An insurance contract that provides an annuity for a certain number of years, irrespective of whether the insured is alive or dead. - Annuity Certain

ratuls993 · January 7, 2016, 5:23am

The premiums on all policies which a company has issued in some period of time. - Written Premiums

Insurers that are created and wholly-owned by one or more non-insurers, to provide owners with coverage. A form of self-insurance. - Captives

A broad commercial policy that covers all liability exposures of a business that are not specifically excluded. Coverage includes product liability, completed operations, premises and operations, and independent contractors. - Commercial general liability (CGL)

Assessed when it is deemed that the defendant acted in a grossly negligent manner and deserves to have an example made of his or her behaviour so as to discourage others from acting that way. Usually imposed in addition to other damages. - Punitive damages

Insurance that covers liability for errors and omissions, such as incorrect records or accounting. - Errors and Omissions Insurance (E & O insurance)

ratuls993 · January 7, 2016, 5:26am

Method of sharing insurance risk between several insurers. The policyholder will deal as a lead insurer who issues documents and collects premiums. The policy will detail the shares held by each company. - Co-insurance

It is defined as the transfer of rights and remedies of the insured to insurers who have indemnified the insured in respect of the loss - Subrogation

A form of protection which reimburses an employer for losses caused by dishonest or fraudulent, acts of employees. - Fidelity Bond.

ratuls993 · January 14, 2016, 5:44am

The central office of the Life Insurance Corporation of India (LIC) is located at

(A) Kolkata (B) New Delhi (C) Chennai (D) Pune (E) Mumbai

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 Sarnajik Suraksha Yojana

(C) Shiksha Sahyog Yojana

(D) Varsha Bima Yojana

(E) National Saving Scheme Programme

The Life Insurance Corporation Of India has how many Zonal offices in India ?

(A) Five (B) Eight (C) Ten (D) Fifteen (E) None of these

As per the news published in various newspapers, Life Insurance policies may become paperless in the near future. This means

1) LIC will not insure any person here after as it has already reached its peak

2) LIC will not ask for any documents from a person who wishes to purchase an Insurance policy

3) All policy related documents and policy certificates will henceforth be available in electronic form and not in their present physical

4) LIC henceforth will not entertain any claim or complaint in written form or on paper. Things should be in electronic condition. 5) None of these

The punch line of the advertisement of which of the following organization is "Jindagi ke sath bhi Jindagi ke bad bhi" ?

(A) New India Assurance

(B) General Insurance Corporation

(C) ICICI Prudential

(D) Life Insurance Corporation Of India

(E) None of these

ratuls993 · January 14, 2016, 5:59am

If an organization wishes to venture into Insurance Business it has to obtain a licence first from which of the following ?

(A) Indian Banks Association (IBA)

(B) Security and Exchange Board of India (SEBI)

(C) Tariff Advisory Committee (TAC)

(D) Insurance Regulatory and Development Authority of India (IRDAI)

(E) None of these

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

The New India Assurance Company was established in 1919 by

(A) Dorabji Tata (B) G. D. Birla (C) Jamunalal BajaJ

(D) Kamlapat Singhania (E) None of these

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

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 Cornpany Ltd.

(C) Agriculture Insurance Company Ltd,

(D) SBI Life Insurance Company Ltd.

(E) None of these

Which of the following is the best description of what insurance is?

1) Insurance = Collective bearing of risk

2) Insurance = Paying for other's mistake

3) Insurance = Taking from 'A' to pay 'B'

4) Insurance = Paying for something which will never happen

5) All of these

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.

In Insurance policies we always find a date which is "Date of Maturity". What does it mean?

1) This is the date on which the policy was sold to the customer/person insured.

2) This is the date on which the policy holder will have to submit his/her claim seeking the amount of the policy. Otherwise the company will not make any payment to him/her.

3) This is the date on which the contract between the person and insurance company will come to an end.

4) The date on which the insurance company makes the final payment to the insured person which is normally fifteen days after the "payment due date".

5) None of these

How many maximum children from a family are covered for the benefits under the Shiksha Sahyog Yojana launched by the LIC ?

(A) One only

(B) Two only

(C) Three only

(D) One Girl Child only

(E) None of these

Which of the following schemes launched in the year 2000 by the LIC replaced social Securitty group Insurance Schemes (SSIGS) and Rural Group Life Insurance Schemes (RGLIS)?

(A) Janshree Bima Yojana

(B) Bhagyashree Child Welfare Bima Yojana

(C) Jan Arogya Bima Yojana

(D) Raj Rajeshwari Mahila Kalyan Yojana

(E) None of these

Which of the following Scheme was launched by the LIC to provide life insurance protection, perodical lumpsum survival benefit and pension to the agricultural workers in India ?

(A) Krishi Shramik Samajik Suraksha Yojana

(B) Jan Shree Bima Yojana

(C) Mahila Kalyan Yojana

(D) Sampurna Arogya Bima Policy

(E) None of these

Insurance company transfers the insurance which cannot bear by them to which of the following ?

1)TPAs

2)Bancassurance

3)Reinsurance

4)Actuaries

amaanjav · January 14, 2016, 7:30am

puys who were the chief guest on republic day 2014 and 2013 ?

plz help...

aninditapayal · January 17, 2016, 4:20am

guys listen, i had prchased the LIC AAO test series from careerpower through payumoney, but the tests are not activated yet. what to do?? please help/..

quantico · January 18, 2016, 5:43am

Current Affairs
The Juvenile Justice Act, which allows children aged 16 to 18 years and in conflict with law to be tried as adults in cases of heinous offences, comes into force. The Ministry of Woman and Child Development has passed orders stating that the Juvenile Justice (Care and Protection of Children) Act 2015 will be enforceable from January 15, 2016.

International sanctions on Iran have been lifted after a watchdog confirmed it had complied with a deal designed to prevent it developing nuclear weapons.Iran's President Hassan Rouhani, whose 2013 election helped launch the Herculean diplomatic effort towards the 14th July Vienna Deal, called it a glorious victory for the patient nation of Iran.These will include sanctions on Iran's lifeblood oil exports and open up the 80-million-strong country to business.

Indian writer Anuradha Roy has won the on the prestigious $50,000 DSC Prize for South Asian Literature for her novel 'Sleeping on Jupiter'.

Pro-Independence Opposition candidate of Democratic Progressive Party (DPP) Tsai Ing-wen has been elected as first female and 14th President of Taiwan. Ms Tsai's victory is the biggest mandate ever won by a DPP president and is only the second-ever victory for the DPP since Taiwan split with China in 1949.

Sania Mirza-Martina Hingis lift Sydney International title

Chinese President Xi Jinping has formally opened Asian Infrastructure Investment Bank (AIIB) in Beijing.
Prime Minister Narendra Modi has unveiled the 'Start-up India, Stand-up India' action plan in New Delhi to boost startup ventures in the country.
India has decided to become member country of the International Energy Agency - Ocean Energy Systems (IEA-OES) to boost for country's quest for tapping ocean energy sources.
Kerala has become the first Indian state to achieve 100 per cent primary education.
The indigenously-built third generation anti-tank missile Nag was successfully test fired at Mahajan Field Firing Range in Rajasthan.
Indian Coast Guard and its Japanese counterpart titled 'Sahayog-Kaijin 2016' has begun off the coast of Chennai, Tamil Nadu in the Bay of Bengal.
Indian Army Day is being observed every year on 15 January in India. This year it will be the 68th Indian Army Day.
British actor Alan Rickman passed away in London, England. He was 69 and was suffering from cancer.
Jacob-Farj-Rafael "JFR" Jacob (Retired Lieutenant General), a key architect in India's victory in 1971 Bangladesh Liberation War passed away in New Delhi. He was 92.
Former World No.1 tennis player Marat Safin of Russia has been inducted in the International Tennis Hall

atultiwari09 · January 18, 2016, 5:47am

some of the primary functions of banks are 1.Creation of credit 2. financing foreign trade 3. Remittance of funds In what way banks perform these functions...? How they create credit, finance foreign trade, and remit funds ??

quantico · January 19, 2016, 7:33am

Current Affairs:

Chinese President Xi Jinping launched a new
international development bank seen as a rival to
the U.S.-led World Bank at a lavish ceremony, as
Beijing seeks to change the unwritten rules ofglobal development finance. Despite oppositionfrom Washington, U.S. allies including Australia,Britain, German, Italy, the Philippines and SouthKorea have agreed to join the Asian Infrastructure Investment Bank (AIIB)

Union Minister Smriti Irani released the literary
calendar of National Council for Promotion of
Urdu Language (NCPUL) depicting famous Urdu
poets and writers.

The Union Minister of State (Independent
Charge) Development of North Eastern Region
(DoNER), MoS PMO, Personnel, Public
Grievances, Pensions, Atomic Energy and
Space, Dr Jitendra Singh inaugurated the Hall
of Nuclear Power. This is Northern Indias first
permanent exhibition on nuclear power, built in
the national capital which is going to be opened to the public at National Science Centre

Andhra Bank has announced the launch of the
Sovereign Gold Bond Scheme Tranche-II,
sponsored by the Centre, for public subscription
for five days from January 18 to 22 at all its
2,755 branches. Under the Gold Bond Scheme,
eligible persons (individuals, joint persons,
associations and trusts) can apply for gold bonds
(minimum 2 gm and maximum of 500 gm). The tenor of the bonds is eight years with provision for premature cancellation after five years.

Well-known filmmaker and lyricist Geethapriya, 84, died in Bengaluru

Madhya Pradesh has been conferred the Union Government's prestigious Krishi Karman Award in maximum food grains production category for year 2014-15 for the 4th consecutive year. MP has been shortlisted for the award in the Integrated Agri Production category for the year 2014-15.

India's Dinesh Sharma has been elected to the board of directors of the China-sponsored Asian Infrastructure Investment Bank (AIIB). He has been elected to the 12-member board through a secret ballot. This is the first board of directors of AIIB in which 57 nations are founding members including India. The inaugural meeting of the board of the governors of the AIIB also held in Beijing after its formal launch. The meeting approved by-laws, rules and codes of conduct for the bank. It should be noted that Union Finance Minister Arun Jaitley is the designated governor of the AIIB from India.

National Aeronautics and Space Administration (NASA) has successfully launched the SpaceX Falcon 9 rocket carrying Jason-3 Ocean-monitoring satellite. It was launched from California's Vandenberg Air Force Base and the satellite has been successfully inserted it in the desired orbit. Jason-3 is the 4th mission in the joint US-European series.