Who gets benefited if a policy is lapsed?

The Head of a newly formed government desires to appoint five of the six elected members A,B,C,D,E and F to portfolios of Home,Power,Defence ,Telecom and Finance.F dose not want any portfolio if D gets one the five.C wants either Home or Finance or on portfolio.B says that if D gets either Power or Telecom then she must get the other one.E insists on a portfolio if A gets one. If a gets Home and C gets Finance,then which is NOT a valid assignment for Defence and Telecom?

A

B-Defence,D-Telecom

B

B-Defence,E-Telecom

C

F-Defence,B-Telecom

D

D-Defence,B-Telecom

When is a policy deemed to be lapsed?

A

If the premiums are not paid on due date

B

If the premiums are not paid before the due date

C

If the premium has not been paid even during days of grace

D

If the policy is surrendered

During the revival of a lapsed policy, which of the below aspect is considered most significant by the insurance company? Choose the most appropriate option.

A

Evidence of insurability at revival

B

Revival of the policy leading to increase in risk for the insurance company

C

Payment of unpaid premiums with interest

D

Insured submitting the revival application within a specified time frame

If a policy is lapsed for a very short period of time only, what would be the requirement:-

A

Medical Report

B

Medical Underwriting

C

Certificate of good health

D

None of the above

What is the way to revival a lapsed policy of life insurance?

A

Ordinary revival

B

Special Revival

C

Instalment revival

D

Any of the above

A sum of TK. 53 is divided among A, B, C is such a way that A gets TK. 7 more than what B gets and B gets TK. 8 more than what C gets. The ratio of their shares is :

A

16:9:18

B

25:18:10

C

18:25:10

D

15:8:30

The man lapsed ---- past memories.

A

in

B

on

C

into

D

over

The man lapsed -- past memories .

A

in, through

B

on

C

into

D

over

A certain amount is distributed among A, B and C. A gets 310 and B14 of the whole amount . If C gets Tk. 81 then B gets:

A

45 TK.

B

32 TK.

C

36 TK.

D

40 TK.

Rahim's convertible gets gas mileage that is 40% higher than that of Karim's SUV. If Jalil's hatchback gets gas mileage that is 15% higher than of Rahim's convertible, then that of Rahim's convertible, then Jalil's hatchback gets gas mileage that is what percent greater that of Karim's SUV?

A

46%

B

55%

C

61%

D

25%

Who gets benefited if a policy is lapsed?

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