Q:

Reinsurance is the name given to:

A) An individual taking insurance for the second time	B) An insurer placing insurance with another insurer
C) When government by insurance policies for government employees	D) All the above

Answer & Explanation Answer: B) An insurer placing insurance with another insurer

Explanation:

Reinsurance is insurance that is purchased by an insurance company from one or more insurance companies (the "reinsurer") directly or through a broker as a means of risk management.

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Filed Under: General Awareness
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Q:

Who will be implementing the Varishtha Pension Bima Yojana scheme during financial year 2017-18?

A) National Insurance Company Limited	B) New India Assurance Company Limited
C) Life Insurance of Corporation of India	D) SBI Life Insurance Company Limited

Answer & Explanation Answer: C) Life Insurance of Corporation of India

Explanation:

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Q:

In April 2017, Agriculture Ministry Unveiled Model APMC Act. This is to give more freedom to sell their produce. What does ‘M’ stand for in ‘APMC’ act?

A) Managing	B) Market
C) Modifying	D) Ministerial

Answer & Explanation Answer: B) Market

Explanation:

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Q:

The General Anti-Avoidance Rule introduced in the 2012-13 budget speech by the then Finance Minister Pranab Mukherjee was finally implemented on ..............

A) 1 April 2016	B) 1 April 2015
C) 1 April 2017	D) 1 April 2018

Answer & Explanation Answer: C) 1 April 2017

Explanation:

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Filed Under: Indian Politics
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Q:

What is the source of natural energy of the hot springs at Manikaran in Himachal Pradesh ?

A) Geothermal Energy	B) Biomass Energy
C) Thermal Energy	D) Hydro Energy

Answer & Explanation Answer: A) Geothermal Energy

Explanation:

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Filed Under: General Science
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Q:

The rate of change of linear momentum of a body is proportional to the ___________ acting on it.

A) impulse	B) torque
C) force	D) kinetic energy

Answer & Explanation Answer: C) force

Explanation:

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Q:

Which one of the following statements about the National Adaptation Fund for Climate Change is not correct?

A) The fund is meant to assist national and State level activities to meet the cost of adaptation measures.	B) This scheme has been taken as a Central Sector Scheme.
C) The Indian Council of Agricultural Research is the national implementing entity for the fund.	D) The scheme has been in force since

Answer & Explanation Answer: C) The Indian Council of Agricultural Research is the national implementing entity for the fund.

Explanation:

Government has established the National Adaptation Fund on Climate Change (NAFCC) with a budget provision of Rs.350 crores for the year 2015-16 and 2016-17, with an estimated requirement of Rs.181.5 crores for financial year 2017-18. The objective of the fund is to assist State and Union Territories that are particularly vulnerable to the adverse effects of climate change in meeting the cost of adaptation. The National Bank for Agriculture and Rural Development (NABARD) has been appointed as National Implementing Entity (NIE) responsible for implementation of adaptation projects under the (NAFCC).

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Q:

Which of the following is a designated terror group?

A) Tehreek-e-Taliban	B) Jamaat-ul-Fakwa
C) Jamaat-ul-Ahrar	D) Tehreek-e-islamiyat

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