Insurance Awareness Quiz for LIC AAO- Set 25

Insurance Awareness Quiz for LIC AAO- Set 25

Insurance Awareness Quiz: We have created quiz questions on Insurance Awareness which are most important for insurance exams. These questions and answers will guide you in all insurance exams like LIC (AAO/ADO), NIACL assistant and AO, UIIC, IRDA and other Bank PO exams and all competitive exams. So attempt these multiple choice questions now based on the exam pattern syllabus.

  1. The Employees State Insurance Act came into force in which year?
    A) 1956
    B) 1932
    C) 1948
    D) 1974
    View answer
    Option C
  2. What is the full form of ESIC?
    A) Employers’ State Insurance Corporation
    B) Employment State Insurance Corporation
    C) Employees’ State Insurance Corporation
    D) External State Insurance Corporation
    View answer
    Option C
    Employees’ State Insurance Corporation (ESIC)
  3. ESIC is an autonomous body under which ministry?
    A) Ministry of Corporate Affairs
    B) Ministry of Labour and Employment
    C) Ministry of Finance
    D) Ministry of Health and Family Welfare
    View answer
    Option B
    ESIC is an autonomous corporation by a statutory creation under Ministry of Labour and Employment, Government of India
  4. What is the current rate of contribution of employers and employees under ESIC respectively?
    A) 4% and 1%
    B) 3% and 1%
    C) 4% and 2%
    D) 3%  and 2%
    View answer
    Option A
  5. The headquarter of ESIC is located at___________
    A) Hyderabad
    B) Kolkata
    C) Mumbai
    D) New Delhi
    View answer
    Option D
  6. Who is the Director General of ESIC?
    A) Sandhya Shukla
    B) Raj Kumar
    C) R.K. Kataria
    D) Garima Bhagat
    View answer
    Option B
  7. ESIC was founded in which year?
    A) 1952
    B) 1948
    C) 1932
    D) 1944
    View answer
    Option A
    24 February 1952
  8. Any establishment employing  __________ or more employees are eligible for ESI scheme
    A) 25
    B) 15
    C) 10
    D) 30
    View answer
    Option C
  9. Employees who have a maximum salary of Rs. ___________ has to mandatorily register itself with the ESIC
    A) Rs 25,000
    B) Rs 10, 000
    C) Rs 20,000
    D) Rs 15,000
    View answer
    Option D
  10. Employees whose salary is less than _______ per day are exempted to make contribution in ESIC
    A) Rs 150
    B) Rs 100
    C) Rs 200
    D) Rs 250
    View answer
    Option B
    The only exemption to the employee in paying his contribution is whose salary is less than Rs. 100/- per day.

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