Sashi Publications/ The Insurance Times      Page1

 Actuarial Aspects of Product Development

                     Set 1

1. Insurance beginning dates back to almost ______
years
a. 3000
b.2000
c. 6000
d.5000

2. Life Insurance in modern form came from England
in the year
a. 1818
b.1819
c. 1918
d. 1919

3. Which was the first company on Indian Soil
a. Oriental Life insurance Company
b. National Insurance Company
c. New India Assurance
d. Life Insurance Corporation

4. The Insurance companies were established in India
with a purpose to serve European community and the
Indian natives were not being insured by these

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