Explore topic-wise MCQs in LIC Assistant.

This section includes 5 Mcqs, each offering curated multiple-choice questions to sharpen your LIC Assistant knowledge and support exam preparation. Choose a topic below to get started.

1.

In the National Financial Switch service, the limit per transaction is restricted to less than _________.

A. ₹ 20000
B. ₹ 25000
C. ₹ 50000
D. ₹ 10000
E. ₹ 40000
Answer» D. ₹ 10000
Discussion
2.

The Legal Entity Identifier is a ______ digit code developed by the International Organization for Standardization.

A. 16-digit
B. 20-digit
C. 12-digit
D. 10-digit
E. 14-digit
Answer» C. 12-digit
Discussion
3.

If the credit balance in a savings account has not operated for ten years, the amount should be transferred to which fund?

A. Unpaid Contract Fund
B. Cash Reserve Fund
C. Unclaimed Bank Deposit Fund
D. Inactive Deposit Fund
E. Depositor Education and Awareness Fund
Answer» F.
Discussion
4.

Which of the following measures have been announced for making India a more attractive FDI destination?

A. Insurance Intermediaries to get 100% FDI
B. Global Investors Meet will be organised in India, using National Infrastructure Investment Fund (NIIF) as an anchor
C. FPIs to be permitted to subscribe to listed debt securities issued by ReITs and InvITs
D. Both A 7 B Only
E. All A, B & C
Answer» F.
Discussion
5.

What is the limit for annual turnover for retail traders and shopkeepers to be eligible under PM Karam Yogi Maandhan Scheme?

A. Rs 4 crore
B. Rs 5 crore
C. Rs 1.25 crore
D. Rs 2.5 crore
E. Rs 1.5 crore
Answer» F.
Discussion