Insurance MCQ Questions and Solutions with Explanations Page-6 section-1

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26.
What is the function of IRDA?

A. Plan for Financial Inclusion

B. Provide relief packages to the Farmers

C. Regulate insurance business in India

D. Hiring & Purchasing assets

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27.
TPA stands for

A. Third Party Assignee

B. Third Payment Administrator

C. Third Payee Assignor

D. Third Party Administrator

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28.
TPA is licenced by the -

A. Insurance company

B. Surveyor

C. Central Govt.

D. IRDA

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29.
Who is a health care provider?

A. Insurer

B. Insured

C. IRDA

D. Hospital

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30.
New India Assurance Co Ltd is a type of?

A. Life Insurance Company

B. General Insurance Company

C. Re-insurance Company

D. All of the above

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Insurance MCQ Questions and Solutions with Explanations

26. What is the function of IRDA?

Answer & Solution

27. TPA stands for

Answer & Solution

28. TPA is licenced by the -

Answer & Solution

29. Who is a health care provider?

Answer & Solution

30. New India Assurance Co Ltd is a type of?

Answer & Solution

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26.
What is the function of IRDA?

27.
TPA stands for

28.
TPA is licenced by the -

29.
Who is a health care provider?

30.
New India Assurance Co Ltd is a type of?