Sample Question Paper for Licensing

1. Which among the following is not a function of insurance?

Risk mitigation
Risk Tracking
Risk Transfer
Risk Reduction

2. Chance of Loss is Referred to us _________.

Luck
Risk
Bad Luck
Peril

3. Insurance deductible is an example of _________.

Risk mitigation
Risk Avoidance
Risk Transfer
Risk Retention

4. Cost of risk is determined by?

Probability only
Impact only
Probability and Impact
Timing of Risk

5. How does Insurance help in easing to credit ?

Insurer Provided Free Credit

Bank Lend easily if an application is backed by insurance
Person who can pay insurance is assumed to be credit worthy
Regulations mandate provision of credit to be insured

6. Lloyds coffee house is regarded as the place where insurance started the way it was practised
today.Lloyds is located in _________.
Bangalore
Singapore
London
Dubai
7. Risk Transfer through risk pooling is called _________ .

Savings
Investments
Insurance
Transfer

8. The measures to reduce chances of occurrence of risk are known as ________

Risk retention
Loss prevention
Risk transfer
Risk avoidance

9. By transferring risk to insurer , it becomes possible:

To enjoy from floods
To enjoy and make money from insurance
To enjoy a fire in the factory
To enjoy peace of mind and plan one’s business more effectively

10. Origins of modern insurance business can be traced to :

Bottomry
Lloyds
Rhodes
Malhotra Committee

11. Out of 400 Houses, each valued at Rs.20,000 , on an average 4 houses get burned every year
resulting in a combined loss of Rs.80,000 . What should be the annual contribution of each house owner
to make good this loss?
Rs.100
Rs.200
Rs.80
Rs.400

12. Before acceptance of a risk , the insurer arranges a survey and inspection of the property, Why?
To access the risk for rating purposes
To find out how the insured purchased the property
To find out whether other insurers have also inspected the property
To find out whether neighboring property also can be insured

13. Which one of the following does not represent an insurance risk ?
Fire
Stolen Goods
Burglary
Loss of Goods due to ship capsizing
14. Which among the following cannot be an element in a valid insurance contract?
Offer and acceptance
Coercion
Consideration
Legality

15. Mr. Pinto Contracted pneumonia as a result of lying on wet ground after a horse riding
accident. The pneumonia resulted in death of Mr. Pinto. What is the proximate cause of the death?
Pneumonia
Horse
Horse Riding accident
Bad Luck

16. Moral Hazard Means:

Dishonesty or character defects in an individual
Honesty and values in an individual
Risk of religious belief
Hazard of the property to be insured

17. _________ means spreading one’s investment s in different kind of assets.

Pooling
Diversification
Gambling
Dynamic Risk

18. ____________ is not an example of an asset.

House
Sunlight
Plant and Machinery
Motor Car

19. ____________ is not an example of an risk.

Damage to car due to accident
Damage to cargo due to rain water
Damage to car tyre due to wear and tear
Damage to property due to fire

20. An example of a fact which need not to be disclosed unless asked for is _________by the
insurer . Age of the insured
Presence of fire extinguisher
Heart ailment
Other insurance details

21. __________ is a wrong statement made during negotiation of a contract.

Misrepresentation
Contribution
Offer
Representation
22. _________Means transfer of all rights and remedies , with respect to the subject matter of
insurance , from insured to insurer.
Contribution
Subrogation
Legal Hazard
Risk Pooling

23. Which among the following is not an essential component of the sales process?
Goodwill
Buyer
Seller
Product/ Service

24. Which among the following is activities can be classified as promotion?

Product Development
Quality Control
Product Advertisement
Product Benchmarking

24. Which among the following is activities can be classified as promotion?

Product Development
Quality Control
Product Advertisement
Product Benchmarking

25. Which among the following statements best describes a “Testimonial”?

An endorsement from a satisfied customer
Test result for a product in a benchmarking test
List of tests that a product must pass
Money required to test a product

26. General insurance could help in achieving all of the following objectives EXCEPT:
Protection against loss to business premises
Making windfall gains on the occurrence of a contingent event
Protection against errors and omissions
Protection against property losses

27. How can insurance penetration be determined?

 Ratio of insurance premiums to GDP.
 Ratio of insurance companies to the local population
 Ratio of insurance premium to per capita income
 Ratio of subscribers to the insurance policies available


 
28.Classification of customers into various market segments, having common features is known as
_____________.
 Sales
 Segmentation
 Marketing
 Prospecting

29.The key to successful closing lies in helping the prospect to say ________.
 No
 Don’t know
 Yes
 Maybe

30.Which of the following is not part of sales process?

 Prospecting
 Sales interview
 Loss assessment
 Closing

31._______________ is not among the P’s of marketing.

 Price
 Product
 Protection
 Place

32.Negotiation is a process _____________.

 To win some how
 To give discounts to the customer
 To reach a win-win situation
 To argue and defeat the prospect

33.Insurance is part of ___________ industry.

 Manufacturing
 Financial services
 Consumer goods
 Share market
34.Prospecting in an insurance sale is
 Gathering the names of people who may be interested in insurance
 Preparing a list of all the persons in the city
 Enlisting all the policyholders of the branch office
 Preparing list of all the agents in the neighborhood

35.Need-gap analysis involves, finding about prospect:

 Identifying the areas where the prospect needs insurance protection
 Identifying people to work as insurance agents
 Identifying how much assets a prospect has
 Identifying the poverty level of the prospects

36.Insurance density is:

 Life insurance premium
 Ratio of premium to income
 Premium per capita
 Coverage per capita

37.Cold Calling is:

 Meeting customers in winter
 Meeting customers when they are suffering from cold
 Meeting people unannounced
 Meeting customer after fire was extinguished

38.What is the primary purpose of insurance regulations?

 To generate fee income
 Protect the interests of policyholders
 To settle customer disputes
 To control the market share of private insurers

39.Which among the following activities is prohibited as per the provisions of Insurance Act, 1938?
 Keeping aside reserves to meet solvency requirements
 Using rebates as a tool to sell insurance policies
 Prospecting customers
 Limiting management expenses
40.Insurance agents who hold license to act as an agent for a life insurer and a general insurer are called
_______________.
Common insurance agents
Composite insurance agents
Multiple insurance agents
General insurance agents

41.Which of the below intermediary is not involved in procurement of business?

 Insurance brokers
 Individual agents
 Surveyors
 Corporate agents

42.What does the term “Caveat Emptor” mean?

 Buyer beware
 Seller beware
 Insurance buyer beware of miselling
 Insurance agent beware of customer requirement

43.Insurance agent represents the ______________.

 Insurance company
 Sub-agent
 Co-agent
 Broker

44.Appointment as an insurance agent is done by __________.

 General Insurance Corporation (GIC)
 Insurance Regulatory & Development Authority of India (IRDAI)
 By the respective insurance company
 Finance Ministry

45.Identify the statement which is not correct. Insurance agent should __________.
 Indicate the scale of commission if asked by the customer
 Share the commission by way of rebate
 Disclose his status with the Insurer on demand
 Indicate the premium to be charged
46.If an agent is found guilty of criminal misappropriation, the designated person will _______________.
 Terminate the agency appointment.
 Issue a duplicate appointment letter
 Renew the existing appointment
 Take some fees from the agent

47.Minimum qualification required for an insurance agent is _______

 Graduate
 As per Board Approved Policy of each Insurer
 Post-Graduate
 7th

48.________________ may deal with all Life Insurance Companies and/or general insurance companies.
 Agent
 Broker
 Corporate agent
 Retail agent

49.What is the significance of the principle of contribution?

 It ensures that the insured also contributes a certain portion of the claim along with the insurer
 It ensures that all the insured who are a part of the pool, contribute to the claim made by a
participant of the pool, in the proportion of the premium paid by them
 It ensures that multiple insurers covering the same subject matter; come together and
contribute the claim amount in proportion to their exposure to the subject matter
 It ensures that the premium is contributed by the insured in equal installments over the year.

50.As per guidelines, an insurance company has to process an insurance proposal within __________.
 7 days
 15 days
 30 days
 45 days

51.Which of the below statement is true with regards to cover notes?

 Cover notes are predominantly used in life insurance
 Cover notes are predominantly used in all classes of general insurance
 Cover notes are predominantly used in health insurance
 Cover notes are predominantly used in marine and motor classes of general insurance
52.Which of the below statement is correct with regards to a warranty?
 A warranty is a condition which is implied without being stated in the policy
 A warranty is a condition expressly stated in the policy
 A warranty is a condition expressly stated in the policy and communicated to the insured
separately and not as part of the policy document
 If a warranty is breached, the claim can still be paid if it is not material to the risk

53.If certain terms and conditions of the policy need to be modified at the time of issuance, it is done by
setting out the amendments through __________.
 Warranty
 Endorsement
 Alteration
 Modifications are not possible

54.Which of the below statement is correct with regards to renewal notice?

 As per regulations there is a legal obligation on insurers to send a renewal notice to insured, 30
days before the expiry of the policy
 As per regulations there is a legal obligation on insurers to send a renewal notice to insured, 15
days before the expiry of the policy
 As per regulations there is a legal obligation on insurers to send a renewal notice to insured, 7
days before the expiry of the policy
 As per regulations there is no legal obligation on insurers to send a renewal notice to insured
before the expiry of the policy

55.__________ is the maximum limit of liability of insurer under the policy

 Sum insured
 Premium
 Surrender value
 Amount of loss

56._______________ is the consideration or price paid by insured under a contract

 Claim amount
 Surrender value
 Maturity amount
 Premium

57.A document which provides an evidence of contract of insurance is called________

 Policy
 Cover note
 Endorsement
 Certificate of insurance
58.The duty of disclosure arises
 Prior to inception of the policy
 After inception of the policy
 Prior to inception and continues during the policy
 There is no such duty

59.Material fact
 Is the value of all material covered in a policy
 Not important for assessing the risk
 Is important as it influences the decision of the underwriter
 Is not important as it has no bearing on the decision of the underwriter

60.Fire proposal seeks to know

 Process of manufacture
 Details of material stored
 Construction of building
 All the above

61.Premium cannot be received

 In cash
 By cheque
 By promissory note
 By credit card
62.The certificate of Motor Insurance
 Is not mandatory
 Has to be kept with self always
 Has to be kept in the car always
 Has to be kept in the bank locker

63.A warranty
 Is a condition expressly stated in the policy
 Has to be complied with
 Both a and b
 None of the above

64.Renewal Notice for Motor insurance is issued by

 The Insured before expiry of the policy
 The Insurer before expiry of the policy
 The Insured after expiry of the policy
 The Insurer after expiry of the policy
65.Identify the two factors that affect insurance ratemaking.
 Probability and severity of risk
 Source and nature of risk
 Source and timing of risk
 Nature and impact of risk

66.What is pure premium?

 Premium sufficiently big enough to pay for losses only
 Premium applicable to marginal members of the society
 Premium after loading for administrative costs
 Premium derived from the most recent loss experience period

67.What is expected of an agent when she detects a moral hazard?

 Continue with the insurance as before
 Report the same to the insurer
 Ask for a share in the claims
 Turn a blind eye

68.Suggest an insurance scheme for a doctor to protect him from any claims of negligence against him.
 Personal accident insurance
 Liability insurance
 Marine hull insurance
 Health insurance

69._____________ decides whether to accept or not to accept the risk.

 Assured
 Underwriter
 Agent
 Surveyor

70._______________ is the price of a given unit of insurance.

 Rate
 Premium
 Sum Assured
 Bonus
71.___________ is the maximum amount that an insurance company will indemnify to someone who
files a claim.
 Sum insured
 Premium
 Rider
 Benefits

72.______________ is not a source of information for underwriter.

 Annual accounts of a proposer
 Pre-acceptance risk survey of the asset
 Proposal form
 Registration certificate of insurer

73Hazards are:
 Factors that increase the impact of losses
 Factors that increases the frequency of loss
 Factors that increase the impact and severity of losses
 Factors that decrease the impact and severity of losses

74.Which of the following is true?

 Physical Hazards:
 Are not important for rate making
 Cannot be ascertained
 Can be calculated from the balance sheet
 Can be ascertained from information given in a proposal form

75.In motor insurance one of the warranties is:

 The vehicle should be washed daily
 The vehicle should not be used for speed testing
 The vehicle should not be used for carrying luggage for personal use
 The vehicle should not be run more than 200 km per day.

76.The purpose of deductible clause is to:

 To avoid claim payment
 To eliminate payment of small claims
 To harass the policyholder
 To increase the premium
77.Installation of sprinkler system in the premises:
 Increases risk
 Decreases the risk
 Neither increases nor decreases risk
 Increases risk of hooding

78.Insured’s declared value in motor insurance includes:

 Registration
 Manufacturer’s cost price
 Manufacturer’s selling price
 Arbitrary price component

79.Under the shopkeeper policy, the insured may opt for an additional ‘Fixed plate glass and sanitary
fittings’ cover. This will cover accidental loss of damage to which of the following?
 Fixed plate glass
 Sanitary fittings
 Neon signs
 All of the above

80.Motor insurance should be taken in whose name?

 In the name of the vehicle owner whose name is registered with Regional Transport Authority
 If the person who will be driving the vehicle is different from the owner, then in the name of the
person who will be driving the vehicle, subject to approval from Regional Transport Authority .
 In the name of any family member of the vehicle owner, including the vehicle owner, subject to
approval from the Regional Transport Authority.
 If the person who will be driving the vehicle is different from the owner, then primary policy
should be in the name of the vehicle owner and add-on cover in the name of the person who
will be driving the vehicle .

81.In householder’s insurance

 Gold and silver ornaments are covered
 Content’s of one’s shop is covered
 Cars owned by the family are covered
 Parcels sent by post are covered during transit.

82.Householder’s insurance covers

 Only the structure of the home
 Only the Contents of the home
 Both the structure and contents
 Both Structure and contents only when insured is not at home
83.In shop keeper’s insurance, which of the following are not covered?
 Machinery breakdown
 Malicious damage
 Business interruption
 Willful destruction by insured

84.In shop keeper’s insurance which of the following are usually not covered
 Money in till/counter at business premises
 Money in transit from bank to business premises
 Money in safe at business premises
 Money carried by customer to business premises.

85.Shop insurance covers

 Dishonest acts of employees
 Dishonest acts of insured
 Dishonest acts of customers
 Dishonest acts of money lenders

86.A fire policy for commercial risks covers the perils of ________
 Explosion
 Implosion
 Both of the above
 None of the above

87.A business interruption insurance policy can be taken only in conjunction with ____________.
 Standard fire and special perils policy
 Standard fire and marine policy
 Standard and special perils policy
 Standard Engineering and marine policy

88.The premium for burglary policy depends on ______________.

 Nature of insured policy
 Moral hazard of the insured himself
 Construction and location of the premises
 All of the above
89. Which of the below is covered under a money insurance policy?
 Shortage due to error or omission
 Loss of cash from one’s premises due to burglary
 Loss of money that has been entrusted to other than authorized person
 Riot strike and terrorism

90.Fidelity guarantee insurance indemnifies ________________.

 Employers against the financial loss suffered by them due to fraud or dishonesty of their
employees.
 employees against the financial loss suffered by them due to fraud or dishonesty of their
employer .
 Employees and employers against the financial loss suffered by them due to fraud or dishonesty
of third party .
 Shareholders against the financial loss suffered by them due to fraud or dishonesty of the
company management .

91.Which of the below can be covered under a bankers indemnity insurance policy?
 Money securities lost or damaged whilst within the premises due to fire
 Forgery or alteration of cheques
 Dishonesty of employees with reference to money
 All of the above

92.In case of a Jeweler’s Block Policy, damage to property insured when it is in transit by registered
parcel will be covered under ____________.
 Section I
 Section II
 Section III
 Section IV
93.Delay in start-up policy is also known as ______________.
 Machinery Loss of Profits cover
 Advance Loss of Profits cover
 Contractors All Risk cover
 Contractors Plant & Machinery cover

94.Which of the following is not covered under Industrial All Risks insurance?
 Fire and special perils as per fire insurance practice
 Larceny
 Machinery breakdown
 Electronic equipment

95.Which branch of insurance offers cover against war perils?
 Marine policies
 Aviation policies
 Both of the above
 None of the above

96.Under the Public Liability Insurance Act, 1991, how much is the compensation payable for actual
medical expenses?
 Rs. 6,250
 Rs, 12,500
 Rs. 25,000
 Rs. 50,000

97.In Engineering insurance CAR stands for
 Motor Car
 Contractors All Risks
 Company’s All Risks
 Companies All Requirements

98.An employer insures himself from dishonest act of his employees by _________
 Employees compensation policy
 Public Liability Insurance policy
 Fidelity Guarantee Insurance policy
 Declaration policy

99._________ refers to the body of the ship.
 Hull
 Cargo
 Piracy
 Jettison

100.Policy which covers loss or damage to aircraft is ______________.

 Statutory liability
 Property insurance
 Aviation insurance
 Money insurance
101.Fire Insurance Policy does not cover damage to property even as add-on cover due to___________.
 Floods
 Earthquake
 Fire
 Bombing due to war

102.Though the duration of cover for pre-hospitalization expenses would vary from insurer to insurer
and is defined in the policy, the most common cover is for ________ pre-hospitalization.
 Fifteen days
 Thirty days
 Forty Five days
 Sixty days

103.As per IRDA guidelines, a ________ grace period is allowed for renewal of individual health policies.
 Fifteen days
 Thirty days
 Forty Five days
 Sixty days

104. Which of the below statement is correct with regards to a hospitalization expenses policy?
 Only hospitalization expenses are covered .
 Hospitalization as well as pre and post hospitalization expenses are covered .
 Hospitalization as well as pre and post hospitalization expenses are covered and a lump sum
amount is paid to the family members in the event of insured’s death .
 Hospitalization expenses are covered from the first year and pre and post hospitalization
expenses are covered from the second year if the first year is claim free..

105. Identify which of the below statement is correct?

 Health insurance deals with morbidity
 Health insurance deals with mortality
 Health insurance deals with morbidity as well as mortality
 Health insurance neither deals with morbidity or mortality
106.Which of the below statement is correct with regards to cashless service provided in health
insurance?
 It is an environment friendly go-green initiative started by insurance companies to promote
electronic payments so that circulation of physical cash notes can be reduced and trees can be
saved.
 Service is provided free of cost to the insured and no cash is to be paid as the payment is made
by the Government to the insurance company under a special scheme .
 All payments made by insured have to be made only through internet banking or cards as cash is
not accepted by the insurance company.
 The insured does not pay and the insurance company settles the bill directly with the hospital

107.Identify the correct full form of PPN with regards to hospitals in health insurance.
 Public Preferred Network
 Preferred Provider Network
 Public Private Network
 Provider Preferential Network

108.Identify which of the below statement is incorrect?

 An employer can take a group policy for his employees
 A bank can take a group policy for its customers
 A shopkeeper can take a group policy for its customers
 A group policy taken by the employer for his employees can be extended to include the family
members of the employees

109.Insurable interest refers to ____________.

 Financial interest of the person in the asset to be insured
 The asset which is already insured
 Each insurer’s share of loss when more than one company covers the same loss
 The amount of the loss that can be recovered from the insurer

110. 1) In a group health insurance, any of the individual constituting the group could anti-select against
the insurer.
2) Group health insurance provides coverage only to employer-employee groups.
 Statement 1 is true and statement 2 is false
 Statement 2 is true and statement 1 is false
 Statement 1 and statement 2 are true
 Statement 1 and statement 2 are false


111.Which of the following factor does not affect the morbidity of an individual?
 Gender
 Spouse job
 Habits
 Residence location

112.According to the principle of indemnity, the insured is paid for __________.

 The actual losses to the extent of the sum insured
 The sum insured irrespective of the amount actually spent
 A fixed amount agreed between both the parties
 The actual losses irrespective of the sum assured

113.The first and the primary source of information about an applicant, for the underwriter is his
________________.
 Age proof documents
 Financial documents
 Previous medical records
 Proposal form

114.The underwriting process is completed when ___________________.

 All the critical information related to the health and personal details of the proposer are
collected through the proposal form
 All the medical examinations and tests of the proposer are completed
 The received information is carefully assessed and classified into appropriate risk categories
 The policy is issued to the proposer after risk selection and pricing.

115.Who among the following is considered as primary stakeholder in insurance claim process?
 Customers
 Owners
 Underwriters
 Insurance agents/brokers

116.Girish Saxena’s insurance claim was denied by insurance company. In case of a denial, what is the
option available to Girish Saxena, apart from the representation to the insurer?
 To approach Government
 To approach legal authorities
 To approach insurance agent
 Nothing could be done in case of case denial

117.During investigation, of a health insurance claim presented by Rajiv Mehto, insurance company
finds that instead of Rajiv Mehto, his brother Rajesh Mehto had been admitted to hospital for
treatment. The policy of Rajiv Mehto is not a family floater plan. This is an example of
___________fraud.
 Impersonation
 Fabrication of documents
 Exaggeration of expenses
 Outpatient treatment converted to in-patient / hospitalization

118.Under which of the following condition, is domiciliary hospitalization is covered in a health

insurance policy?
 The condition of the patient is such that he/she can be removed to the Hospital/Nursing Home ,
but prefer not to
 The patient cannot be removed to Hospital/Nursing Home for lack of accommodation therein
 The treatment can be carried out only in hospital/Nursing home
 Duration of hospitalization is exceeding 24 hours

119.Which of the following codes capture the procedures performed to treat the illness?
 ICD
 DCI
 CPT ( Current Procedure Termonology )
 PCT

120..What is meant by customer lifetime value?
 Sum of costs incurred while servicing the customer over his
 Rank given to customer based on business generated
 Sum of economic benefits that can be achieved by building along term relationship with the
 Customer
 Maximum insurance that can be attributed to the customer

121.Identify the scenario where a debate on need for insurance is not required.
 Property insurance;
 Business liability insurance
 Motor insurance for third party liability;
 Fire insurance

122.As per the consumer protection act,1986 who cannot be classified as a consumer?
 Hires goods / services for personal use
 A person who buys goods for resale purpose
 Buys goods and services for a consideration and uses them
 Uses the services of another for a consideration

123. What does not go on to make a healthy relationship?
 Attraction;
 Trust;
 Communication;
 Skepticism

124. Which among the following is not an element of active listening?
 Paying good attention;
 Being extremely judgmental
 Empathetic listening;
 Responding appropriately

125. which among the following is not a characteristic of ethical behavior?
 Making adequate disclosures to enable the clients to make an informed decision
 Maintaining confidentiality of client’s business and personal information
 Placing self-interest ahead of client’s interests
 Placing client’s interest ahead of self interest.

126.___________is not a tangible good.
 House;
 Insurance;
 Mobile phone;
 A pair of jeans

127.___________is not an indicator of service quality.
 Cleverness;
 Reliability;
 Empathy;
 Responsiveness

128. In India ___________insurance is mandatory.
 Motor third party liability;
 Fire insurance for houses
 Travel insurance for domestic travel
 Personal accident

129. One of the methods of reducing insurance cost of in insured is __________

 Reinsurance
Deductible
Co. Insurance
 Rebate

130. A customer having complaint regarding his insurance policy can approach IRDA through policy can
approach IRDA through
IGMS
District Consumer Forum
 Ombudsman
 IGMS or District Consumer Forum of Ombudsman

131. Consumer Protection Act deals with
 Complaint against insurance companies
 Complaint against shopkeepers
 Complaint against brand
 Complaint against insurance companies, brand and shopkeepers

132. ____________ has jurisdiction to entertain matters where value of goods or services and the
compensation claim is up to 20 lakhs
 High Court
District Forum
 State commission
 National Commission

133. In customer relationship the first impressing is created
 By being confident
 By being on time.
 By showing interest
 By being on time, showing interest and being confident

134. Select the correct statement
 Ethical behaviour is impossible while selling insurance
 Ethical behaviour is not necessary for insurance agents
 Ethical behaviour helps in developing trust between the agent and the insurer
 Ethical behaviour is expected from the top management only


135. Active Listening Involves
 Paying attention to the speaker
 Giving an occasional nod and smile
 Providing feedback
 Paying attention to the speaker, giving an occasional nod and smile and providing feedback

136 . Which among the following are the two basic qualities that make a good sales person?
 Empathy and ego drive;
 Prejudice and loathing
 Pride and honesty;
Skepticism and perseverance

137. Which among the following is the most likely to contain the IRDA stipulated 50 hours training to help
prospects clear the IRDA examination?
Process training;
Product training;
Pre-recruitment training
 Sales Training

138._____is collaboration between banks and insurers to distribute insurance products.
 Bancassurance;
 Agent;
 Broker;
 Insurance company

139.Broker represents:
 One insurance company;
 Multiple insurance companies
 Insurance Regulatory and Development Authority
 Customer

140.The following is not a benefit of insurance agency.
 No limit on income from commission
 Fixed salary income
 Freedom to decide working hours
 social prestige

141. An agent can earn upto :

 20,000 per month;
 Rs. 10,00,000 per month
 Rs. 1 Crore per year;
 Unlimited amount based on her efforts