New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    As per current norms in India, what is the maximum

    limit of No Claim Bonus (NCB) in percentage?
    A 20% Correct Answer Incorrect Answer
    B 30% Correct Answer Incorrect Answer
    C 40% Correct Answer Incorrect Answer
    D 50% Correct Answer Incorrect Answer
    E 60% Correct Answer Incorrect Answer

    Solution

    As per current norms in India, it ranges from 20% on the Own Damage premium (and not on Liability premium) and progressively increases to a maximum of 50%.

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