LIC ADO GK KNOWLEDGE

Q.51

is a collection of lyrics.

1.
2.
3.
4.
5.

Rig Veda
Sam Veda
Yajur Veda
Atharva Veda
None of these

Correct
1
Ans:
Countries or states, which impose no tax or very low tax are called as Q.52

1.
2.
3.
4.
5.

Q.53

Tax terrorism
Tax heavens
Tax keepers
Tax generators
None of these

Correct
2
Ans:
If a person just has endorsed a policy. It means he_____the policy.

1.
2.
3.
4.
5.

Fixed
Reinstated
Changed
Cancelled
None of these

Correct
Ans:

Q.54

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

1.
2.
3.
4.
5.

Q.55

Correct
4
Ans:
In which year The Indian Life Assurance Companies Act was enacted as the first statute to regulate th

1.
2.
3.
4.
5.

Q.56

1980
1912
1917
1990
1920

Correct
2
Ans:
India borrowed, Preamble from the constitution of which country ?

1.
2.
3.
4.
5.

Q.57

Uttar Pradesh
Tamil Nadu
Telangana
Maharashtra
None of these

Russia
Britain
France
U.S.A.
Australia

Correct
4
Ans:
Name the driver, who won the British Grand Prix ?

1. Nico Roseberg

2.
3.
4.
5.

Q.58

Correct
4
Ans:
On August 6, 1945 an atom bomb was dropped on the city of Hiroshima by U.S.A. What was its name

1.
2.
3.
4.
5.

Q.59

Fat Boy
Little Boy
Fat Man
Slim Man
None of these

Correct
2
Ans:
Panchsiddhantika is written by___

1.
2.
3.
4.
5.

Q.60

Sebastion Vettel
Daniil Kvyat
Lewis Hamilton
None of these

Aryabhatta
Brahmagupta
Varahamihira
Rajyavardhan
Kalidasa

Correct
3
Ans:
The aim of the Bharat Nirman Yojna is .

1.
2.
3.
4.
5.

Providing employment opportunities

Spreading education
Developing rural infrastructure
All of the above
None of these

Q.61

Correct
3
Ans:
The amount that an individual must pay for health care expenses before insurance covers the costs is k

1.
2.
3.
4.
5.

Q.62

Correct
2
Ans:
The cost to replace an item of property at the time of loss, less an allowance for depreciation, is known

1.
2.
3.
4.
5.

Q.63

Replacement Cost
Apparent Authority
Absolute Liability
Actual Cash Value
Apparent Cost

Correct
4
Ans:
The device used to detect and measure electric current in a circuit is also called .

1.
2.
3.
4.
5.

Q.64

Out of pocket expense

Co-Payment
Out of pocket maximum
Deductible
Security

Ammeter
Voltmeter
Galvanometer
Transformer
None of these

Correct
3
Ans:
The time between the exact hour and date of policy inception and the hour and date of expiration, is r

1.
2.
3.
4.
5.

Q.65

Correct
3
Ans:
Which among the following is also referred to as Flexible Exchange Rate ?

1.
2.
3.
4.
5.

Q.66

Floating Exchange Rate

Real Exchange Rate
Fixed Exchange Rate
Controlled Exchange Rate
None of these

Correct
1
Ans:
Which among the following is NOT the private sector General Insurance Company in India?

1.
2.
3.
4.
5.

Q.67

Policy Limit
Policy Territory
Policy Period
Policy Jacket
Policy Hour

United India Insurance Co Ltd

Bajaj Allianz General Insurance
Shriram General Insurance
Reliance General Insurance
None of these

Correct
1
Ans:
Which country lifted the FIFA women's world cup 2015?

1.
2.
3.
4.

USA
Canada
Germany
Japan

5. None of these

Q.68

Correct
1
Ans:
Which of the following chemicals cause acid rain?

1.
2.
3.
4.
5.

Q.69

Correct
1
Ans:
Which of the following is NOT a subsidiary of LIC?

1.
2.
3.
4.
5.

Q.70

LIC Housing Finance

LIC Cards Services
LIC Nomura Mutual Fund
LIC Credit Services
None of these

Correct
4
Ans:
Which of the following is wrongly matched?

1.
2.
3.
4.
5.

Q.71

Sulfur dioxide
Nitrous Oxide
Carbon trioxide
All of these
None of these

French open : Clay court

Wimbledon : Grass Court
Australian open : Clay court
All of these
None of these

Correct
3
Ans:
Which of the following planet has ring around them?

1.
2.
3.
4.
5.

Q.72

Correct
4
Ans:
Which state launched "Mhara Gaon-Jagmag Gaon" scheme?

1.
2.
3.
4.
5.

Q.73

Haryana
Punjab
Rajasthan
Uttar Pradesh
None of these

Correct
1
Ans:
Which veda deals with the procedure for the performance of sacrifice ?

1.
2.
3.
4.
5.

Q.74

Jupiter
Saturn
Uranus
All of these
None of these

Rig Veda
Yajur Veda
Sama Veda
Atharva Veda
Ayur Veda

Correct
2
Ans:
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

Q.75

Correct
5
Ans:
Who is the chairman of the committee on innovation and entrepreneurship set up y NITI Ayoug?

1.
2.
3.
4.
5.

Rhaul Yadav
Traun Khanna
Rajiv Bajaj
Vishal Sikka
None of these

Correct
2
Ans:
Bancassurance guidelines are setup by
Q.101

1.
2.
3.
4.
5.

RBI
IRDA
SEBI
IBA
LIC

Correct
2
Ans:
Advertising helps in--Q.102

1.
2.
3.
4.
5.

After sales services

Socializing
Corresponding via mails
Increasing the number of customers
Pricing the product at the growth stage

Correct
Ans:

Q.103

Finance commission is constituted by____

1.
2.
3.
4.
5.

President
Chief Justice
Finance Minister
RBI
Prime Minister

Correct
1
Ans:
Banks sell insuranceQ.104

1.
2.
3.
4.
5.

To increase clients
To increase loans
To earn more profits
To increase deposits
To take over insurance companies

Correct
3
Ans:
Life insurance which provides coverage at a fixed rate of payments for a limited period of time, the re
Q.105

1.
2.
3.
4.
5.

Universal Life Insurance

Whole Life Insurance
Term Life Insurance
General Life Insurance
Pension Life Insurance

Correct
3
Ans:
Marketing strategies includeQ.106

1. Direct mailing

2.
3.
4.
5.

Banking
Insurance
All of the above
None of these

Correct
1
Ans:
What does the term umbrella policy refer to ?
Q.107

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
1
Ans:
What does an insurance company that operates only one industry or line of business, is known asQ.108

1.
2.
3.
4.
5.

Mono-Line Company
Domestic Company
Multi-Line Company
Foreign Company
Uni-Line Company

Correct
1
Ans:
Which of the following statements is TRUE?
Q.109

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
5
Ans:
Which of the following techniques is used for distinguishing a product from others, to make it more at
Q.110

1.
2.
3.
4.
5.

Product mixing
Product promotion
Product differentiation
Product branding
Product Packaging

Correct
3
Ans:
Which of the following is not one of the challenges faced in bank marketing ?
Q.111

1.
2.
3.
4.
5.

Trust of Customers
Untrained staff
Rural marketing
Customer awareness
All of the above

Correct
5
Ans:
A cold call in marketing meansQ.112

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
1
Ans:
Role of marketing channel isQ.113

1.
2.
3.
4.
5.

Links producers to buyers.

Performs sales, advertising and promotion.
Helps firms in paying their income taxes overdue.
All except 3
All except 2

Correct
4
Ans:
Which of the following statements is TRUE ?
Q.114

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 thirdparty 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
5
Ans:
Expand PEST in marketing terminology.
Q.115

1.
2.
3.
4.

Political Economic Social Technological

Political Economic Social Transport
Private Economic Social Technological
Political Employment Social Technological

5. Political Economic Security Technological

Correct
1
Ans:
Match the following:
Q.116
I. KFC
II. Harley Davidson
III. Volkswagen
IV. Walmart
V. Porsche

1.
2.
3.
4.
5.

A. There is no Substitute
B. Save Money. Live Better.
C. Its finger Lickin Good.
D. American by Birth. Rebel by Choice.
E. Think Small

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

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

Correct
2
Ans:
Which of the following statement(s) is/are FALSE about Service Marketing ?
Q.117
(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.
2.
3.
4.
5.

Only A
A and B
Only B
B and C
Only C

Correct
3
Ans:
A Capital Market is a market for securities (debt or equity), where business enterprises (companies) a
Q.118
___________funds.

1. Long term
2. Short term

3. Medium term
4. both long and short term
5. None of these
Correct
1
Ans:
SEBI has listed certain categories of grievances for which investors can file complaints with it. These
Q.119
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
4
Ans:
Which of the following is not a feature of Primary Market?
Q.120

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
2
Ans:
The first sale of stock by a private company to the public is known as ______________.
Q.121

1.
2.
3.
4.

First Selling
Initial Public Offering
Initial Stock Sale
Stock Selling

5. None of these
Correct
2
Ans:
Which of the following is not a feature of Capital Market?
Q.122

(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 (m
(C) Guild Edged Market is a part of Capital Market in India.
1.
2.
3.
4.
5.

Only A
A and B
B and C
Only C
None of these

Correct
5
Ans:
Which of the following is the duration period of Second Five Year Plans?
Q.123

1.
2.
3.
4.
5.

1957-1962
1951-1957
1950-1955
1956-1961
None of these

Correct
4
Ans:
For internal financing of Five Year Plans, the government depends on which of the following?
Q.124

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
4
Ans:
The Five Year Plans of India intend to develop the country industrially through__________________
Q.125

1.
2.
3.
4.
5.

The public sector

The private sector
The public, private, joint and Cooperative sectors
Increasing collaboration with non resident Indians
None of these

Correct
3
Ans:
The main model that formed the basis of the strategy of the Second Five Year Plan was formulated by
Q.126

1.
2.
3.
4.
5.

V.K. Rao
P.C. Mahalonobis
Dr. Gadgil
P.R. Brahamandas
None of these

Correct
2
Ans:
Which five year plan focused on "Growth with social justice and equity"?
Q.127

1.
2.
3.
4.
5.

Ninth Five Year Plan

Third Five Year Plan
Fifth Five Year Plan
Sixth Five Year Plan
None of these

Correct
1
Ans:
The 12th Plan seeks to achieve_______ agriculture sector growth.
Q.128

1.
2.
3.
4.
5.

3%
5%
4%
6%
7%

Correct
3
Ans:
Which of the following Programmes was started to help BPL people?
Q.129

1.
2.
3.
4.
5.

Community Development Programme

20 Point Programme
National Social Assistance Programme
Swarna Jayanti Shahari Rozgar Yojana
None of these

Correct
3
Ans:
Under Pradhan Mantri Jan Dhan Yojana life insurance is managed by ____________.
Q.130

1.
2.
3.
4.
5.

HDFC Ergo Insurance Company

Life Insurance Corporation of India
GIC
NICL
None of these

Correct
2
Ans:
Which type of unemployment occurs when joblessness is not caused by lack of demand but by change
Q.131
technology?

1. Structural unemployment
2. Cyclical unemployment

3. Frictional unemployment
4. Open unemployment
5. None of these

Correct
1
Ans:
Which of the following programmes were started to provide seeds, loan, fertilizer, and equipment to f
Q.132

1.
2.
3.
4.
5.

Kisan Sahayta Yojna

Intensive Agricultural District Programme
Agricultural Farm Programme
Krishi Yojana
None of these

Correct
2
Ans:
Name the programme which was started to provide additional wage employment in the rural areas?
Q.133

1.
2.
3.
4.
5.

Intensive Agricultural District Programme

Krishi Yojana
Sampoorna Grameen Rozgar Yojana
Pradhanmantri Gramodaya Yojana
None of these

Correct
3
Ans:
The 14 major banks in the country were nationalized in the yearQ.134

1.
2.
3.
4.
5.

1955
1947
1967
1970
1969

Correct
Ans:

Q.135

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

1.
2.
3.
4.
5.

IDBI Bank
Axis Bank
Corporation Bank
UCO Bank
All are Private Banks

Correct
2
Ans:
Which of the following is not Development Bank/Non Commercial Bank?
Q.136

1.
2.
3.
4.
5.

SIDBI
National Housing Bank
IDBI
NABARD
None of these

Correct
3
Ans:
Which of the following are not a type of commercial banks?
Q.137

1.
2.
3.
4.
5.

Public Sector Banks

Development Banks
Foreign Banks
Private Sector Banks
None of these

Correct
2
Ans:
_________ is the central bank of our country.
Q.138

1. State Bank of India

2.
3.
4.
5.

Reserve Bank of India

SIDBI
Punjab National Bank
None of these

Correct
2
Ans:
Which of the following is not a specialised bank?
Q.139

1.
2.
3.
4.
5.

EXIM Bank
RBI
SIDBI
NABARD
None of these

Correct
2
Ans:
Commercial banks are established in accordance with the provision of the ____________.
Q.140

1.
2.
3.
4.
5.

Banking Regulation Act, 1955

Banking Regulation Act, 1956
Banking Regulation Act, 1935
Banking Regulation Act, 1945
Banking Regulation Act, 1949

Correct
5
Ans:
What stands for NITI Aayog?
Q.141

1.
2.
3.
4.
5.

National Institute for Transforming India

National Institution for Transformation of India
National Institute for Transformed India
National Institution for Transforming India
None of these

Correct
4
Ans:
Which of the following has replaced Planning Commission?
Q.142

1.
2.
3.
4.
5.

Bhartiya Aarthik Aayog

NITI Aayog
Rashtriya Aayog
Vikas Aayog
None of these

Correct
Ans: