155. Which of the following is untrue as per IRDA’s regulations on non-par policies?

By Administrator / August 24, 2025

A) The benefits shall be stated at the outset

B) The benefits shall be linked to some index

C) The additional benefit under these policies shall be laid out at the outset

D) The return shall be stated at the beginning of the contract itself

✅ ANSWER: B
The benefits of an insurance policy are not linked to any index. Hence, option (2) is the correct answer.

152. State which is correct out of the following

158. In ‘make or buy’ decision, it is profitable to buy from outside only when the supplier’s price is below the firm’s own ______________.

Related Posts