Hi friends, here is the MCQ Questions on PLI and RPLI. In this last set on Postal Life Insurance Rules 2011 we have discussed 15 questions. In this post, we will be discussing another 15 very useful questions on PLI and RPLI. THose preparing for Inspector Posts Exam (IPO Exam) and Postal Service Group B (PS Gr.B Exam) will find these MCQ Questions very useful.
Further this questions will help those preparing for GDS/MTS to Postman Exam, GDS/MTS/Postman to PA Exam and GDS to MTS Exams. Attempt the questions and share your feedback.
MCQ Questions on PLI and RPLI
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Check Complete Quiz on POLI Rules 2011 from here
1. Anticipated Endowment Assurance was introduced in which year?
(A) 1983
(B) 1984
(C) 1991
(D) 1999
2. What is the upper age limit for Anticipated Endowment Assurance policy?
(A) 40 years
(B) 45 years
(C) 50 years
(D) 55 years
3. Sum assured under Anticipated Endowment Assurance policy shall be paid in how many installments?
(A) Two installment’s
(B) One installment
(C) Three installments
(D) Four installments
4. Rural Postal Life Insurance was introduced w.e.f?
(A) 24 March 1995
(B) 1 January 1991
(C) 2 October 1999
(D) 15 August 1984
5. What is the minimum and maximum age limit (age on next birth day) for Rural Postal Life Insurance?
(A) 18 and 60 years
(B) 19 and 55 years
(C) 20 and 54 years
(D) 21 and 50 years
6. What is the minimum limit for insurance under Rural Postal Life Insurance?
(A) Rs.20,000/-
(B) Rs.10,000/-
(C) Rs.5,000/-
(D) Rs.25,000/-
7. Maximum limit under medical scheme of RPLI policy, taking total sum assured together under all plans shall not exceed?
(A) Rs.1 lakh
(B) Rs.5 lakh
(C) Rs.10 lakh
(D) Rs.20 lakh
8. Maximum limit in respect of non-medical scheme under RPLI policy, taking total sum assured together under all plans shall not exceed?
(A) Rs.25,000/-
(B) Rs.10,000/-
(C) Rs.50,000/-
(D) Rs.1 lakh
9. Maximum limit of sum assured under Rural Postal Life Insurance with non-standard proof of age shall be?
(A) Rs.25,000/-
(B) Rs.50,000/-
(C) Rs.1 lakhs
(D) Rs.5 lakhs
10. Any one taking RPLI policies worth or more than Rs.25,000/- (sum assured) with non- standard proof of age shall not be beyond?
(A) 40 years
(B) 45 years
(C) 35 yers
(D) 50 years
11. RPLI policies with sum assured of more than ______ should be subject to usual medical examination?
(A) Rs.10,000/-
(B) Rs.20,000/-
(C) Rs.25,000/-
(D) Rs.50,000/-
12. What is the maximum age limit of Ten Year Rural Postal Life Insurance Plan?
(A) 40 years
(B) 45 years
(C) 50 years
(D) 55 years
13. Ten Year Rural Postal Life Insurance Plan was introduced w.e.f?
(A) 11 March 2005
(B) 1 April 2011
(C) 24 March 1995
(D) 1 January 1995
14. Under Joint Life Assurance RPLI policy, age at entry of the spouse should not be less than?
(A) 18 years
(B) 20 years
(C) 21 years
(D) 25 years
15. Which among the following with regard to Joint Life Assurance (RPLI) Policy is true?
(A) Age of spouse should not be more than 45 years and at maturity, the older spouse should not be more than 60 years on his/her next birth day
(B) Both the spouses under this plan shall have to undergo the prescribed medical examination as per these rules irrespective of the sum assured
(C) The payment of premium shall cease on the death of any one of the spouses
(D) All the above
Answers
1. (B) 1984
2. (B) 45 years
3. (D) Four installments
4. (A) 24 March 1995
5. (B) 19 and 55 years
6. (B) Rs.10,000/-
7. (C) Rs.10 lakh
8. (A) Rs.25,000/-
9. (C) Rs.1 lakhs
10. (B) 45 years
11. (C) Rs.25,000/-
12. (B) 45 years
13. (C) 24 March 1995
14. (C) 21 years
15. (D) All the above
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