Bajaj Allianz Life Insurance Retail Partner Interview Questions and Answers

Interview questions related to personal, insurance and financial knowledge.

• Introduce yourself and your family background

• IRDAI is Insurance Regulatory and Development Authority of India

• GST is Goods and Services Tax, a value-added tax levied on most goods and services

• IGMS is Integrated Grievance Management System, a platform for registering and resolving customer complaints in the insurance sector

• GDP is Gross Domestic Pr...read more

IRDAI stands for Insurance Regulatory and Development Authority of India.

• IRDAI is the regulatory body for the insurance sector in India.

• It was established in 1999 under the IRDAI Act.

• IRDAI's main objective is to protect the interests of policyholders and promote the growth of the insurance industry.

• It regulates and supervises insurance companies, intermediaries, and other entities in the insurance sector.

• IRDAI sets gui...read more

GST stands for Goods and Services Tax. It is a consumption-based tax levied on the supply of goods and services.

• GST is an indirect tax system implemented in many countries, including India, Canada, and Australia.

• It replaces multiple indirect taxes like excise duty, service tax, and value-added tax (VAT).

• GST is designed to simplify the tax structure, promote ease of doing business, and eliminate cascading effects of tax...read more