{"id":378,"date":"2025-07-05T13:14:01","date_gmt":"2025-07-05T13:14:01","guid":{"rendered":"https:\/\/postaladda.com\/mcq\/?p=378"},"modified":"2025-07-05T13:14:02","modified_gmt":"2025-07-05T13:14:02","slug":"post-office-life-insurance-rules-2011","status":"publish","type":"post","link":"https:\/\/postaladda.com\/mcq\/post-office-life-insurance-rules-2011\/","title":{"rendered":"Post Office Life Insurance Rules 2011"},"content":{"rendered":"\n<p>Post Office Life Insurance Rules 2011-&#8220;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.&#8221;<\/p>\n\n\n\n<h1 class=\"wp-block-heading\">Post Office Life Insurance Rules 2011<\/h1>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>1. When was the Postal Life Insurance (PLI) scheme first introduced in India?<\/strong><\/h2>\n\n\n\n<p>A) 01 February 1854<br>B) 01 February 1884<br>C) 12 October 1881<br>D) 20 January 2006<\/p>\n\n\n<button class=\"show-answer-btn\" onclick=\"pa_toggle_answer(this)\">Show Answer<\/button><div class=\"answer\">The correct answer is:  01 February 1884<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>2. Who is authorized to amend the Post Office Life Insurance Rules, 2011?<\/strong><\/h2>\n\n\n\n<p>A) Parliament of India<br>B) Director General of Posts<br>C) President of India<br>D) Ministry of Communications<\/p>\n\n\n<button class=\"show-answer-btn\" onclick=\"pa_toggle_answer(this)\">Show Answer<\/button><div class=\"answer\">The correct answer is:   President of India<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>3. The Post Office Life Insurance Rules, 2011 are applicable to:<\/strong><\/h2>\n\n\n\n<p>A) Only PLI<br>B) Only RPLI<br>C) Both PLI and RPLI<br>D) Private Life Insurance<\/p>\n\n\n<button class=\"show-answer-btn\" onclick=\"pa_toggle_answer(this)\">Show Answer<\/button><div class=\"answer\">The correct answer is:  Both PLI and RPLI<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>4. What is the Free Look Period under PLI\/RPLI policies?<\/strong><\/h2>\n\n\n\n<p>A) 7 days from date of proposal<br>B) 15 days from date of policy delivery<br>C) 30 days from policy issue date<br>D) Before the first premium is paid<\/p>\n\n\n<button class=\"show-answer-btn\" onclick=\"pa_toggle_answer(this)\">Show Answer<\/button><div class=\"answer\">The correct answer is:  15 days from date of policy delivery<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>5. When does the risk under a PLI policy commence?<\/strong><\/h2>\n\n\n\n<p>A) Date of first premium payment<br>B) Date of policy printing<br>C) Date of delivery to insured<br>D) Date of approval\/acceptance<\/p>\n\n\n<button class=\"show-answer-btn\" onclick=\"pa_toggle_answer(this)\">Show Answer<\/button><div class=\"answer\">The correct answer is:  Date of approval\/acceptance<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>6. What is the minimum duration and premium count after which a PLI policy becomes auto paid-up?<\/strong><\/h2>\n\n\n\n<p>A) 24 premiums and 2 years<br>B) 12 premiums and 1 year<br>C) 36 premiums and 3 years<br>D) 48 premiums and 5 years<\/p>\n\n\n<button class=\"show-answer-btn\" onclick=\"pa_toggle_answer(this)\">Show Answer<\/button><div class=\"answer\">The correct answer is:   36 premiums and 3 years<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>7. What happens to a PLI policy with 6 unpaid premiums and age &lt;3 years?<\/strong><\/h2>\n\n\n\n<p>A) It becomes paid-up<br>B) It is reinstated<br>C) It lapses<br>D) It remains active till next due<\/p>\n\n\n<button class=\"show-answer-btn\" onclick=\"pa_toggle_answer(this)\">Show Answer<\/button><div class=\"answer\">The correct answer is: It lapses<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>8. Which PLI policy does not allow loans or surrender options?<\/strong><\/h2>\n\n\n\n<p>A) Whole Life Assurance<br>B) Children Policy (Bal Jeevan Bima)<br>C) Endowment Assurance<br>D) CWLA<\/p>\n\n\n<button class=\"show-answer-btn\" onclick=\"pa_toggle_answer(this)\">Show Answer<\/button><div class=\"answer\">The correct answer is: Children Policy (Bal Jeevan Bima)<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>9. What is the maximum sum assured under any PLI policy (except Children Policy)?<\/strong><\/h2>\n\n\n\n<p>A) \u20b910 lakh<br>B) \u20b925 lakh<br>C) \u20b950 lakh<br>D) \u20b91 crore<\/p>\n\n\n<button class=\"show-answer-btn\" onclick=\"pa_toggle_answer(this)\">Show Answer<\/button><div class=\"answer\">The correct answer is:\u20b950 lakh)<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>10. Which PLI policy provides survival benefits at intervals before maturity?<\/strong><\/h2>\n\n\n\n<p>A) Endowment Assurance<br>B) Whole Life Assurance<br>C) Anticipated Endowment Assurance<br>D) Children Policy<\/p>\n\n\n<button class=\"show-answer-btn\" onclick=\"pa_toggle_answer(this)\">Show Answer<\/button><div class=\"answer\">The correct answer is: Anticipated Endowment Assurance<\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Post Office Life Insurance Rules 2011-&#8220;Practice high-quality MCQs for the Inspector of Post Office (IPO) Exam covering key postal rules, [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1,4,18],"tags":[],"class_list":["post-378","post","type-post","status-publish","format-standard","hentry","category-blog","category-ipo-mcqs","category-ipo-paper-01"],"_links":{"self":[{"href":"https:\/\/postaladda.com\/mcq\/wp-json\/wp\/v2\/posts\/378","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/postaladda.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/postaladda.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/postaladda.com\/mcq\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/postaladda.com\/mcq\/wp-json\/wp\/v2\/comments?post=378"}],"version-history":[{"count":4,"href":"https:\/\/postaladda.com\/mcq\/wp-json\/wp\/v2\/posts\/378\/revisions"}],"predecessor-version":[{"id":382,"href":"https:\/\/postaladda.com\/mcq\/wp-json\/wp\/v2\/posts\/378\/revisions\/382"}],"wp:attachment":[{"href":"https:\/\/postaladda.com\/mcq\/wp-json\/wp\/v2\/media?parent=378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/postaladda.com\/mcq\/wp-json\/wp\/v2\/categories?post=378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/postaladda.com\/mcq\/wp-json\/wp\/v2\/tags?post=378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}