0

general knowledge Online Quiz - 2778

Description: general knowledge Online Quiz - 2778
Number of Questions: 20
Created by:
Tags: general knowledge
Attempted 0/20 Correct 0 Score 0
  1. Defined benefit scheme

  2. Defined contribution scheme

  3. Combination defined benefit and contribution scheme

  4. None of the above


Correct Option: A
  1. His Majesty's Revenues and customs

  2. Her Majesty's Revenues and customs

  3. Hi Majesty's Revenues and customs

  4. None of the above


Correct Option: B

The ________ benefit provides for a systematic withdrawal stream for a period of time even if the account value goes to zero. This can provide security for a steady stream of income for a specified period of time.

  1. withdrawal

  2. draw down

  3. Increment

  4. decrement


Correct Option: A

The process in which annuitant can keep annuity contract in the accumulation phase and take withdrawals as needed instead of converting it into income.

  1. Partial Withdrawals

  2. Full withdrawals

  3. All the above

  4. None of the above


Correct Option: A

What benefits guarantees to protect annuitant’s accumulated assets during the lifetime and provide a regular stream of income during retirement?

  1. Death Benefits

  2. Retirement Benefits

  3. Living Benefits

  4. Unconditional Death benefit


Correct Option: C

__________provides the highest payout because the monthly payment is calculated only on the life of the annuitant.

  1. Joint Life option

  2. Life option

  3. Period certain

  4. Life with Guaranteed term


Correct Option: B

What was SERPS called before got it name as SERPS ?

  1. Final Benefit scheme

  2. graduated retirement benefits scheme

  3. Unconditional retirement scheme

  4. Employee retirement scheme


Correct Option: B

_________allows the annuitant to move money among investment portfolios i.e. taking the value of some or all of the units in one fund and putting it into other funds.

  1. Shifting

  2. Switching

  3. Routing

  4. Terminating


Correct Option: B

Which one of the following is not a mode of premium payment for pension plans?

  1. Yearly

  2. Half-yearly

  3. Every month

  4. Single premium


Correct Option: C

A professional in the pension and insurance company responsible for calculating risks and premiums is referred as

  1. Actuary

  2. Aggregator

  3. Evaluator

  4. Analyser


Correct Option: A

DWP stands for__________

  1. Department of Work and Pension

  2. Director of Work Pension

  3. Directorate of work and penstion

  4. Department of Work and Providentfund


Correct Option: A

A variable annuity has higher fees and expenses than a fixed annuity

  1. True

  2. False


Correct Option: B

When & where was the firts Mc Donald's Restaurant opened in india,and also it was the worlds First not servind Beef?

  1. Oct 13,1996 Lajpat Nagar.

  2. Oct 14,1996 C.P

  3. Oct 13, Basant Lok, Vasant Vihar

  4. Oct 15,1997 Lajpat nagar


Correct Option: C

Which is the Fastest train in India?

  1. Rajdhani Express

  2. Bhopal Shatabdi.

  3. Assam Mail.

  4. Arunachal Express.


Correct Option: B

Which bank has the maximum Number of Branches in India?

  1. PNB

  2. SBI

  3. OBC

  4. ICICI


Correct Option: B

Facebook was launched in which year and by whom?

  1. March 1998, Larry Page

  2. January 2001,Sergey Brin.

  3. February 2004,Mark Zuckerberg

  4. August 2005, Mark


Correct Option: C

The Earh Hour Campaign started in the Year

  1. 2000

  2. 2006

  3. 2007

  4. 2008


Correct Option: C
- Hide questions