IC38 English Mock Test 22

Que. 1 : The concept of ___________________ is defined as involving “a positive duty to voluntarily disclose, accurately and fully, all facts material to the risk being proposed, whether requested or not”.
   1.  Fraud
   2.  Undue influence
   3.  Mistake
   4.  “Uberrima fides”
Que. 2 : Which of the below is element of financial planning ?
   1.  Investing – allocating assets based on one’s risk taking appetite
   2.  Risk management
   3.  Financing one’s needs
   4.  All of the above
Que. 3 : Who devised the concept of HLV ?
   1.  Prof hlubener
   2.  Warren Buffet
   3.  Dr. Martin Luther King
   4.  George Soros
Que. 4 : Which of the below is an example of Rider ?
   1.  Waiver of premium Rider
   2.  Disability Income Benefit Rider
   3.  Term Rider
   4.  All of the above
Que. 5 : In Secured risk profile Investment style is _____
   1.  Accumulation
   2.  Consolidation
   3.  Spending
   4.  Estate Planning

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