MCQs on PLI/RPLI and Core Insurance Solutions-“Practice high-quality MCQs for the Inspector of Post Office (IPO) Exam covering key postal rules, procedures, and current schemes. Ideal for quick revision and accurate self-assessment based on the latest syllabus.”
1.Which year did PLI start for government employees?
A. 1882
B. 1884
C. 1895
D. 1900
2.RPLI was introduced in:
A. 1985
B. 1995
C. 2000
D. 2005
3.Which of these is not tracked by CIS?
A. Real-time policy management
B. Premium collection
C. Postal delivery status
D. Claims processing
4.CIF ID in CIS is used for:
A. Customer identification
B. Invoice tracking
C. Routing insurance letters
D. SMS alerts
5.What does PRB stand for?
A. Policy Receipt Book
B. Premium Receipt Book
C. Policy Renewal Book
D. Premium Renewal Bond
6.Which form confirms issuance of a policy bond?
A. Index Letter
B. CIS Alert
C. Bond Claim Form
D. PLI-2
7.From where does policy servicing, such as loans and revival, generally occur?
A. BO
B. HO
C. CPC
D. IPPB
8.For a loan against the policy, a policyholder must have paid premiums for at least:
A. 1 year
B. 2 years
C. 3 years
D. 5 years
9.Policy revival is allowed within:
A. 3 years from lapse
B. 5 years from lapse
C. 7 years from lapse
D. Lifetime
10.Maximum advance premium allowed is:
A. 6 months
B. 12 months
C. 18 months
D. 24 months
