Q. Which of the following best describes the role of insurance agents in India?
Answer: They represent only one insurer and sell its products
Notes: Insurance agents represent only one insurer and sell its products, earning commissions on the policies sold.
This question is part of Banking Awareness - 2025-26 course in GKToday's Android Application. The Course comprises 2400+MCQs on Banking & General Financial Awareness with explanation for All Banking Exams of 2025-26 such as IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Banking Examinations.
📌 Question Number: 20 in Structure of Insurance Market in the above course in App.