Full transcript of “IC 38 Important Questions in Hindi | LIC Agent Exam | IC 38 Exam 2025 #lic #insuranceagent”. Click a timestamp to open the video at that moment. Need another video? Use the YouTube transcript generator.
0:00 Welcome to Toppers Point. In today's video we will revise and understand the most important questions of LIC Agent. So if you are new to our channel then press the bell icon of the channel so that the notifications of the video can reach you easily. If you want PDF then send PDF in comment or my contact number is written on the screen above. You can get the PDF by directly WhatsApping at 924658008. Without wasting any time let us start the video. Our first question is which of the following is wrong? Our question is which of the following is wrong or who is wrong? First objective is given in which mutuality means that funds of different persons are combined. Second, our differentiation means
0:46 channeling money to different sources. So its right answer will be none of the above two is correct? So its right answer will be fourth. Ok? Let us look at the next question in this. [Praise] Question is Which of the following words is not a type of assurance? Question If you are asked Which of the following words is not a type of assurance? So the first objective in this is mortgage redemption insurance. The second objective is return of premium. The third objective is to increase tenure assurance and the fourth objective is to assure endowment. So whoever tells me the right answer in the comment, I will provide him the PDF free of cost. Ok? So I will contact him myself by telling him in the comment. Let's
1:35 see the next question. Here our question is which of the following consumer grievance redressal agencies will handle consumer disputes between ₹ lakh and ₹1 lakh ? Question If you are asked Which of the following consumer complaint redressal agencies will handle consumer disputes between Rs 20 lakh and Rs 100 lakh. So the first objective is the district forum. The second objective given in this is state platform. The third objective given is National Commission and the fourth objective given is District Council. So its right answer will be State Commission. The state commission agency will handle consumer disputes between ₹20 and ₹1 lakh. So its right answer will be second.
2:21 Ok? Let's see the next question. The question is given below: Which of the following can be the basis of cover in a group policy ? Question If you are asked Which of the following can be the basis of cover in a group policy? You understand the question. Which of the following four objectives can form the basis of cover in a group policy ? So the first objective is given the height of life insured, the second objective is given the age of the person insured, the third objective is given the size of the family of the insured and the fourth objective is given all of the above so its right answer will be the age of the person insured,
3:07 second its right answer will be ok let's see the next question, the question in this is which of the following actions shows the principle of averima fides ? You will be asked Objective Which of the following actions demonstrates the principles of Averrima Fideus? So the first objective is to lie about known medical conditions on an insurer proposal form. The second objective is to not disclose known material facts on the insurance proposal form. The third objective given in this is to disclose the material facts at the time of taking the policy and the fourth objective given is to pay the premium on time so its right answer will be fourth fourth
3:54 its right answer will be ok let's see the next question, see in this I have told you many times that you should try to understand the question and not try to memorize it at all, if you understand the question then you can easily solve it in the exam. OK question ours will be the value of benefits in the initial years of ULIP. The benefit will be worth the money in the initial years of ULIP. So the first objective given will be high. The second objective given will be less. The third objective given is that it will be liberal and the fourth objective given is none of these. The
4:39 question asked to you will be the value of benefits in the initial years of ULIP. Ok, this question has been asked to you, so its right answer will be less. In the early years of Ulef the value of benefits we will incur is less. So second will be its right answer. Its right answer will be less. Let's see the next question. The question is at what stage in one's life will saving impact him? At what stage in one's life will savings impact him ? The first objective given is retirement. Second objective is given while he is earning. The third objective is given while he is a student and the fourth objective is given
5:25 when he is married. So its correct answer will be retirement. Retirement its right answer will be first. Let's see the next question. Which of the following is a disadvantage of traditional with-profit policies? The first is objective in that the bonus is declared only once a year and does not restrict daily fluctuations in the value of assets. The second objective is that the benefits to the policy holder depend on the discretion of the insurance company. The third objective is that the bonus structure does not reflect the true value of the insurer's assets. And the fourth objective given is all of the above. So its right answer will be all of the above four. Ok? Let's
6:13 see the next question. Question asked We are asked which of the following is incorrect regarding traditional cash value plans? Question If you are asked Which of the following is false regarding traditional cash value plans ? So this will be the right answer. The cash value component is well defined. So third will be its right answer. Let's see the next question. The question is who does an insurance broker represent? The question is who does one of our insurance brokers represent? The first objective
6:59 given is an insurance company. The second objective is given by an insured person. The third objective given is an association of insurance companies and the fourth objective given is the people in the community who have already taken insurance. So its right answer will be an insured person. Second, its right answer will be there. You must understand the questions completely, otherwise you will not be able to clear the exam. If you understand the questions well then you will be able to crack the exam very easily. If you try to remember, you will forget the question. You will not be able to crack the exam. Ok? So if you want PDF then you can get PDF by commenting in the comment or by directly WhatsApping me on the contact number given in the screen above. Let's see the next question. This is the most important question. Ok so you understand these. All of the following
7:47 are elements of a valid contract except: The question has been asked to you. All of the following are elements of a valid contract except: Whose? offer and acceptance. Second objective is given. Ability to pay premiums. The third objective given is consideration and the fourth objective given is capacity of the parties. So the correct answer is our ability to pay the premium. So second will be its right answer. Ok? Let's see the next question. Dash Dash incident question has been asked to you. The occurrence of a dash must be a dash and the person affected must not have a dash. The first objective is given crisis, uncertain swelling sorry creation, the second objective is given
8:32 an event certain creation, the third objective is given risk, dangerous profit and the fourth objective is given an event yakshik creation, so the event of crisis should be uncertain and the creation of the insured person should not be there, here the crisis will pass, uncertain and here the creation will pass, so its right answer will be first, first its right answer will be. Ok? Let's see the next question. First part of the policy document Questions If you are asked First part of the policy document. The first objective given is policy claim settlement. The second objective given is Policy Schedule. The third objective given is standard provisions and the fourth objective given is specific policy provisions. So its right answer will be
9:18 Policy Schedule. The first part of the policy document is the policy schedule. So first second will be its right answer. Ok? Next question. Look, if you don't understand any question then take a screenshot of that question and message me on the WhatsApp number mentioned above with that question. I will try my best to explain the question. Ok? Let's see the next question. In IRDA the guidelines are implemented from the public. Questions will be asked from you in the examination regarding implementation of IRDA public health guidelines. The
10:04 first objective given is 1st July 2011. The second objective is given on 1st July. 1 July 2012. The third objective given is 1 July 2000 13 and the fourth objective given is 1 July 2014. So its right answer will be that on 1st July 2014, IRDA boldly implemented the guidelines. So its right answer will be fourth. Fourth will be its right answer. Ok? Let's see the next question. Question: The right to reject a claim under a policy is subject to which of the following sections of the Insurance Act, 1938 ? You will be asked a question. The
10:51 right to reject a claimant under a policy is under which of the following sections of the Insurance Act 1938? So the first objective will be 38 sorry section 38 second objective will be section 39 third objective will be our section 44 and fourth objective will be our section 45 so its right answer will be fourth is under section 45 question policy holder sorry the right to reject a claimant under the policy is subject to the presumption of section 45 of the Insurance Act 1938. So its right answer will be four section 45. Ok? Let's see the next question. The question here is, risk retention in the context of insurance
11:37 refers to a situation where. You will be asked a question. Risk authorisation in the context of insurance refers to a situation where the buyer decides to bear the risk and its effects. So its right answer will be fourth. Fourth will be its right answer. Let's see the next question. Question is a stand alone health insurance company. If you are asked a question in the examination about a stand alone health insurance company. The first objective given is a health insurance company which has only offices across the country. The second
12:22 objective given is a life insurance company that sells general insurance products like health insurance. The third objective given is a general insurance company which sells only health products and the fourth objective given is all of the above so its right answer will be a health sorry a general insurance company which sells only health products so its third right answer will be let's see the next question. Which of the following statements is correct? Question If you are asked which of the following statements is correct? The first objective is that higher premium will give more benefits to the beneficiary at the time of claim. The second objective is that with a lower premium in a life insurance policy, the
13:07 beneficiary gets more benefits from a claim. The third objective given is that higher premium in life insurance will result in lower benefits to the claimant and the fourth objective given is none of these. So the correct answer will be higher premium will give more benefits to the beneficiary at the time of claims. So first will be its right answer. Ok? Let's see the next question. Which of the following statements is incorrect? Question If you are asked in the examination which of the following statements is wrong? So this will be the right answer. An agent today can work for more than one Jiva Sorry life insurance company. So its right answer will be third. You are asked which of the following statements is
13:53 false? So which statement is wrong? So its correct answer will be that an agent today can work in more than one life insurance company. This is almost certainly false. does not make. Because look, if you see today you are in LIC. If you want to join SBI Life then you cannot do it. Ok? Let's see the next question. The question is when is an insurance company put to the real test? Question if you are asked when is an insurance company put to the real test? So the first objective will be at the point of accepting the offer. The second objective will be achieved at the time of payment of the claim. The third objective will be at the time of deciding the insurance sum. And the fourth objective will be
14:40 while declaring the bonus. So its right answer will be four. This is put to test while announcing the bonus. is put to the real test. So its right answer will be fourth. Ok? Let's see the next question. The question is that revival of the policy is not a dash dash right of the policyholder. Questions you will be asked if the revival of the policy is not a Dash Dash requirement of the insured. So its first objective is condition. The second objective will become unconditional. The third objective will be legal and the fourth objective will be substantive. So its right answer will be unconditional. So second will be its right answer. Let's see the next question.
15:27 If the claim cannot be settled due to proper identification of the payee then the insurer will pay interest at the rate of. If you are asked if the claim cannot be settled for proper identification of the insurer then the insurer shall pay interest at the rate of then its right answer will be Savings Bank Account Savings Bank Account Its right answer will be First OK Next let's see the question Expand the word If you are asked expand the word IGMS then its right answer will be Integrated Grievance Management System. So third will be its right answer. Ok? Let's
16:12 see the next question. In which of the following cases insurable interest does not exist? Question If you are asked, In which of the following cases insurable interest does not exist ? So its correct answer will be that a person insures his associate. A person insures his colleague. So its right answer will be third. Let's see the next question. The question is what is a policy that covers for an indefinite period called? If you are asked a question, what is a policy that covers for an indefinite period? So its correct answer will be entire life. First,
16:58 its right answer will be entire life. Let's see the next question in this. The question is how much free look period is allowed from the date of receipt of our health insurance policy document? Question if you are asked How much free look period is allowed from the date of receipt of the health insurance policy document ? So its right answer will be 15 days. So the correct answer for second will be 15 days. Let's see the next question. Our question is which of the following is not risky for insurance? Question If you are asked which of the following is not risky for insurance? The first
17:45 objective is quick death. Our second objective is quick death in an accident. The third objective is disability. And the fourth objective is the natural wear and tear of a property. So its right answer will be fourth. Fourth will be its right answer. Let's see the next question. Question Which of our following statements is false? See if you are asked a question like this which of the following question sorry which statement is wrong? So your first task will be to understand the objective well. Whatever objectives are given to you, you have to explain or understand them properly. So its right answer will be fourth. All of the above All of the above statements are incorrect. Now let us read the statement.
18:33 Before approaching the Lokpal, the complainant has to approach a consumer forum. This is wrong. Secondly, our complaint must be filed within 2 years of the dismissal of the complaint by the complainant. This is also wrong. There are no separate financial limits for different platforms and Commission. This is also wrong. So our right answer will be all of the above. Let's see the next question. The question is when should insurable interest be present in a general insurance contract as per the common law ? Question If you are asked when should insurable interest be present in a general insurance contract as per common law ? So this is the first objective while taking the policy. The second
19:18 objective is at the time of claim. The third objective given is one and two. The fourth objective given is none of these. So its right answer will be one and two. So third will be its right answer. Let's see the next question. The question is which of the following statements is correct? The first objective is that in a group policy each individual is free to choose the amount of insurance cover. The second objective is given that an individual can normally be covered under Chapter One group insurance policy. So the first one is objective in which only statement A is true. Only statement B is true. In this the third objective given is both one and two and the fourth objective given is neither one nor two. So its right
20:05 answer will be statement A only. Statement A is the right answer. Ok let's see the next question. [Applause] The question is our choosing an appropriate investment vehicle will not depend on that. Selecting an appropriate investment vehicle will not depend on the questions you will be asked. So its correct answer will be insurance. Insurance its right answer will be fourth. Ok? Let's see the next question. The question is whether distribution of terminal bonus is a way out for insurance companies. Question If you are asked details of terminal bonus sorry distribution is a way for the insurance company. So its right answer will be both one and two. Reward the
20:52 policy holder for the unrealized profit of the insurance company. The second objective is to achieve cohesion among different generations of the policy holder. So its right answer will be third. Let's see the next question. The question is which of the following funds provides for principal investment in equities ? Question if you are asked Which of the following funds provides for predominant investment in equity? So its right answer will be equity fund. Now see, the answer is hidden in the question itself. Question if you are asked Which of the following funds provides for predominant investment in equity? If yes then its right answer will be equity fund. So first will be its right answer. Let's
21:38 see the next question. On which of the following does the amount of Devski depend? Question If you are asked On which of the following does the zodiac sign of Devski depend? So the first objective will be the principal. The second objective will be the investment period. The third objective is the rate of return and the fourth objective is what will be our payback period for the year. So its right answer will be all 1 2 3 4, all these are its right answers. Let's see the next question. Question Our Unit Liquid Policy Score Regarding Traditional Plan If you are asked Unit
22:24 Liquid Policy Sorry Unit Linked Policy Score Regarding Traditional Plan has transparent fee structure. The second objective is given in which the value of units related to the performance index. The third objective is given both the premium and the sum assured decided by the policyholder and the fourth appropriate is given all of the above so its right answer will be fourth all of the above ok let's see the next question the question is of IRD sorry as per IRDA all are known as universal biological products. First objective is given in this, second objective is given on
23:10 variable insurance product, third objective is given, both one and two, fourth objective is given, none of these, then its right answer will be variable insurance product, so second, its right answer will be next question, let us see, in this the question is by whom is the moral hazard report completed, the question is asked to you by whom is the moral hazard report completed. So the first objective is given by the company officials, the second objective is given by the agent, the third objective is given by the medical test and the fourth objective is given by the proposer. So its right answer will be the company officials. So first will be its right answer. Let's see the next question.
23:58 Which of the following is true regarding MWP Act cases? The first objective is that the death claim is settled in favour of the nominees. The second objective is that death claims are decided in favour of the trustees. So its right answer will be that second death claim is decided in favour of the trustees. Let us look at the next question in this. Question is Insurance Act As per Section 45 of the Insurance Act 1938 an insurance company can repudiate a claim after 2 years from the date of issue of the policy if the material facts in the proposal have been made fraudulently. Now look, a question has been asked to you. As per Section 45 of the Insurance Act 1938 an
24:43 insurance company can reject a claim after 2 years from the date of issue of the policy. If the material in the proposal is fraudulent. So its right answer will be fourth. Let's see the next question. In this we have a question of 40 marks. The Question is Dash Dash refers to the act of inducing a monetary transaction by means of inducing the purchase of a product or service. Any act is done with the intention of earning remuneration. So its right answer will be to sell. One will be sold here. Selling refers to the act of inducing a commerce transaction through the inducement of a purchase of a product or service in the form of money. The
25:38 intention to earn remuneration is integrated. So its right answer will be to sell the seconds. Let's see the next question. In this, we have a question that the surplus was not distributed. Can contribute to earned income. Questions will be asked of you if the surplus has not been distributed. Can contribute to earned income. So its first objective is to cause financial disaster for a company. Our second objective is the financial strength of a company. The third objective is the defamation of a company in the eyes of the public and the fourth objective is the liabilities of a company. So its right answer will be the financial stability of a company. So its right answer will be second. Let's see the next question. Now the
26:27 question is which of the following is not correct regarding ULIP? Question If you are asked which of the following is not correct regarding ULIP ? So the right answer will be that the life insurer provides guarantee for the units. So its right answer will be second. Ok? Let's see the next question. The question is, insurance is not gambling because of any presence. If you are asked questions due to any presence insurance is not gambling. So the first objective is the principle of utmost trust in this. The second objective is insurable interest. The third objective is our compensation principle and the fourth objective is none of these. So its right answer will be insurable interest. Second, its
27:12 right answer will be there. Ok? Let's see the next question. The question here is which of the following life insurance policies pays the full sum assured on the death of the policyholder during the policy term or on the policyholder's death as per the policy's maturity. If she survives this period. So its correct answer will be Akshay Nidhi. Second, its right answer will be there. Let's see the next question. Which of the following statements regarding riders in it is incorrect? Question If you are asked Which of the following statements regarding rider is incorrect? So this will be the right answer. Rider means the basic death cover of a life insurance policy.
27:58 So first will be its right answer. Ok? Let's see the next question. There is a question where more than one nominee is nominated. Questions will be asked to you where more than one nominee is nominated. So the first objective is that the death claim will be shared. The second objective is to jointly claim death as a mortal body. The third objective is both one and two. The fourth objective is none of these. So its right answer will be samukt sorry jointly the claim of death is silent. So its right answer will be second. Ok? Let's see the next question. There are questions worth 47 marks in this. It is related to the year.
28:46 If you are asked a question what does the year relate to? It is an important question and very short. What does the year refer to? So you have to tell its answer in the comment. If someone's answer is correct, I will contact him myself and provide him the PDF free of cost. So if you are new to our channel then please subscribe to our channel. Turn on video notifications. Ok? Let's see the next question. The question is which of the following statements is correct? So its right answer will be that Lokpal is not a judicial power? Lokpal is not a judicial power. So second will be its right answer. Ok. Let's see the next question. The
29:34 question is which Act speaks about the presumption of death? Question if you are asked which Act speaks about presumption of death? So its right answer will be Indian Evidence Act. The Indian Evidence Act speaks about the presumption of death. Let's see the next question. And the last question is our question is in this method of underwriting the underwriter gives rating points for all the negative or unfavorable cars. qualifies them and decides the excess mortality rate. We are talking about this method.
