Round 1
As on current date, what percentage stake does Axis Bank hold in Max Life Insurance?
a) 15%
b) 19.99%
c) 25%
d) 30%
b) 19.99%
When was the Life Insurance Corporation of India (LIC) established?
a) 1956
b) 1947
c) 1960
d) 1972
a) 1956
When was the Consumer Protection Act, which replaced the original 1986 Act, enacted in India?
a) 2016
b) 2018
c) 2019
d) 2020
c) 2019
Max Life team who will assist in case of any emergency situations like fire, earthquake, medical emergency, etc.
a) Emergency Response Task
b) Emergency Recovery Team
c) Emergency Response Team
d) Emergency Recovery Task
c) Emergency Response Team
What is the maximum permissible limit of Foreign Direct Investment (FDI) in the Indian insurance companies?
a) 51%
b) 74%
c) 100%
d) 49%
b) 74%
Who is the chairperson of the GST Council in India?
a) President of India
b) Prime Minister of India
c) Finance Minister of India
d) RBI Governor
c) Finance Minister of India
How many offices Max Life had as of March 2024?
a) 282
b) 290
c) 304
d) 352
c) 304
Who is the current Chairman of Life Insurance Corporation of India (LIC)?
a) M.R. Kumar
b) Siddhartha Mohanty
c) Vipin Anand
d) T.S. Vijayan
b) Siddhartha Mohanty
In which year was the Right to Information (RTI) Act enacted in India?
a) 1999
b) 2005
c) 2002
d) 2010
b) 2005