Choose one answer for each questions, no need to explain. 1- Who is the owner of a conventional insurance fund? A- Beneficiary B- Agent C- Operator D- Participant 2- Re-Takaful is needed to A- Guarantee the claims B- Transfer expertise C- Ensure efficient transfer of risk D- Provide more claims 3- Below are types of family Takaful products, EXCEPT A-Mortgage Reduce Term Takaful B-Income Protection Takaful C-Hire Purchase Reduce Term Takaful D- Home Takaful 4. Which of the schemes below protect the coverage of house financing held by the policyholder? A- Family Takaful Scheme B- Takaful Investment Related Scheme C- Takaful Annuity Scheme D-Mortgage Reducing Term Assurance 5- Under Modified Mudharabah Model, loss on investment will be bome by A- Agent B- Sharcholder C-Operator D- Participant 6- What isare) the benefit(s) that contributors can get in Wakalah-Waqf Model? A- Coverage, profit on investment B- Coverage, underwriting surplus C- Coverage, underwriting surplus, profit on investment D-Coverage 7. What are the guidelines to reinsure with a reinsurance company? A- The quantum of liability to be covered should not be determined B- Must determine specific risk C- Must cause financial injury to the financial system D- Exemption from receiving interest 8. Which below is a legally unqualified person to be a Takaful participant? * A- Blacklisted person from a bank B-Expatriate C- Housewife D- Unemployed 9. A person is deemed as unfit to be a Takaful participant when A-Lost eyesight B- Lost voice C- Lost hearing D- Lost ability