|
|
|
| Chapters |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||
|
The form will be autosubmitted at end of 60 minutes after page open/refresh. For each of the following multiple choice questions, choose the most appropriate answer : 1. Which of the following is not covered under Inland Transit (Rail/RoaClause B? A. fire B. lightning C. breakage of bridges D. non-delivery 2. Which of the following is not covered under Institute Cargo Clauses (C)? A. Stranding of vessel B. Washing overboard C. Collision of vessel D. Jettison 3. Which of the following is not covered under Neon Sign insurance policy? A. Theft B. Lightning C. Mechanical breakdown D. External explosion 4. Which of the following is not covered under Overseas Employment and Study policy? A. Medical expenses in India on evacuation B. Loss of checked baggage C. Delayed baggage D. Personal liability 5. Which of the following is not covered under Spoilage Material Damage extension? A. loss of stock in process B. loss of stock in godowns C. damage to machinery D. damage to containers & equipment 6. Which of the following is not covered under Standard Fire and Special perils policy? A. Cyclone B. Hurricane C. Earthquake D. Flood 7. Which of the following is not covered under fire floating policy? A. stocks in process blocks B. stocks in godown C. stocks in the open D. stocks in transit 8. Which of the following is not covered under private car package policy? A. earthquake B. lightning C. loss of accessories unless the vehicle is stolen at the same. time D. landslide 9. Which of the following is not eligible for discount in 'Own Damage' premium (private car package Policy)? A. Vintage cars, B. Brand new cars C. Membership of Automobile Association D. Anti-theft devices approved by Automobile Research Association of India 10. Which of the following is not excluded under Overseas Medical Policy? A. Child birth B. miscarriage C. abortion D. cosmetic surgery necessary as a result of a covered accident 11. Which of the following is not excluded under personal accident assurance? A. Service in the armed forces B. Air travel in standard type of aircraft C. Suicide D. Attempted suicide 12. Which of the following is not impact damage covered under Standard Fire and Special Perils? Visible physical damage by direct contact with: A. any road vehicle B. any rail vehicle C. insured's own forklift on the premises D. any animal 13. Which of the following is not included in Electronic Equipment Insurance? A. Damage to equipment B. Damage to external data media C. Increased cost of working D. Loss of profits 14. Which of the following is not insured under Standard Fire & Special perils policy? A. Goods in factories B. Goods in open C. Goods in transit by rail / road D. Goods in godowns 15. Which of the following is not paid upto the full limit of cover under the Overseas Medical policy. A. physician Services B. hospital Services C. dental services for immediate relief of dental pain only D. local emergency medical transportation 16. Which of the following is not payable under Burglary (Business Premises) policy? A. Theft by employees B. Theft by customers C. Theft by visitors D. All these 17. Which of the following is not payable under Maternity Benefit extension? A. Pre-natal expenses prior to hospitalization B. Caesarean section C. miscarriage due to accident D. abortion due to accident 18. Which of the following is not relevant in fixing rates of premium under Industrial Risks public liability policy? A. Risk Group B. Type of Construction of risk C. Ratio of Limits of Indemnity - AOA to AOY D. Turnover 19. Which of the following is not required in the Mediclaim Proposal form? A. Past diseases and details of treatment B. Average monthly income C. Income Tax PAN D. All the above are required 20. Which of the following is not required under Rail Transit Claims? A. Invoice B. Bill of lading C. Original policy D. Non-delivery Certificate 21. Which of the following is not required with applications from legal heirs of the deceased insured for transfer of policy to their names? A. Death Certificate B. Post-mortem report C. Proof of title to the vehicle D. Original policy 22. Which of the following is not taken into consideration for fixing rates of premium for buses (package policy)? A. Age of vehicle B. Licensed passenger capacity C. Insured Declared Value of vehicle D. Geographical Area 23. Which of the following is not the correct reason for Insurer requiring material information? A. to decide about acceptance B. to fix the rate of premium C. to fix the sum insured D. to fix terms and conditions of cover 24. Which of the following is paid out of pure premium? A. Lossses B. Agency Commission C. Expenses of management D. Unexpected heavy losses 25. Which of the following is paid under Dobris Removal Add-on cover? A. costs of removal of debris B. costs of dismantling C. costs of demolishing D. All these 26. Which of the following is payable under Mediclaim policy if necessitated due to an accident? A. cosmetic treatment B. aesthetic treatment C. plastic surgery D. All these 27. Which of the following is taken into account in fixing the estimated completely erected value of the contract works under CAR policy. A. cost of material B. construction costs C. freight and customs duties D. All the above 28. Which of the following is taken into account to fix rates of premium for the policy under Public Liability Insurance Act, 1991? A. Limit of indemnity - Any one Accident B. Limit of indemnity - Any one Year C. Limit of indemnity - Any one year and turnover D. Limit of indemnity - Any one accident and turnover 29. Which of the following is true as per the Redressal of Public Grievances Rules? A. The Award should not be more than Rs.20 Iakh B. The Award should be made within three months from the date of complaint C. Both are true D. Both are false 30. Which of the following is true in relation to Contractors Plant and Machinery policy? A. The policy is an annual policy B. The policy covers plant and machinery at different project sites C. Both are true D. Both are false 31. Which of the following is true in relation to Industrial Risks Public Liability policy? A. 'Policy Period' means the period commencing from effective date and hour and terminating at midnight on the expiry date as shown in the schedule of the policy B. Period of Insurance means the period commencing from the retroactive date and terminating at midnight on the expiry date as shown in the schedule of the policy C. Both are true D. Both are false 32. Which of the following is true in relation to Sheep and Goat insurance? A. Indemnity is provided on the basis of sum insured or market value whichever is less. B. Salvage value is deducted from claim amount payable. C. Both are true D. Both are false 33. Which of the following is true in relation to personal accident insurance? A. the cover is on a 24 hours basis B. b)The geographic area of cover is India C. Both these D. Neither of these 34. Which of the following is true under Group Mediclaim policy? A. Cumulative bonus is not available B. Health check-up expenses are payable C. Both are true D. Both are false 35. Which of the following is true under Maternity Benefit extension? A. Option for Maternity benefits has to be exercised at the inception of the policy B. Insured persons with two or more living children are not eligible for this benefit C. Both are true D. Both are false 36. Which of the following is true under Maternity Benefit extension? A. The benefits are admissible only if expenses are incurred in Hospital / Nursing home as inpatient B. Pre-natal and post-natal expenses are admissible if admitted in Hospital / Nursing home for treatment. C. Both are true D. Both are false 37. Which of the following is true under Standard Fire and Special perils policy? A. Pollution which itself results from an insured peril is covered B. Insured peril which itself results from pollution is covered C. Both are true D. Both are false 38. Which of the following is true under private car package policy? A. The liability of insurer for total loss does not exceed Insured Declared Value less the value of the wreck. B. The liability for partial losses does not exceed costs of repair / replacement less depreciation. C. Both are true D. Both are false 39. Which of the following is true, in relation to Mediclaim proposal form? A. The insured warrants the truth of the statements and agrees that the proposal form shall be the basis of the contract. B. The insured consents to the insurer taking medical information from hospital / medical practitioner who has treated the insured. C. Both are true D. Both are false 40. Which of the following is/are functions of direct broker as per IRDA Regulations? A. to provide advice to client on appropriate covers B. to provide underwriting information to insurers C. to provide insurance consultancy service D. All these 41. Which of the following is/are general exclusion(s) (all sections) of Overseas Medical Policy? Participation in : A. Naval, Military orAirforce operations B. Hazardous sports C. Professional sports events D. All the above 42. Which of the following is/are material fact(s)? A. The fact that previous insurers had rejected the proposal B. The fact that previous insurers charged extra premium C. The fact that previous insurers had refused to renew the policy D. All the three 43. Which of the following is/are the function(s) of IRDA? A. To regulate the rates of premium offered by insurers B. To regulate investment of funds by insurance companies. C. Both these D. Neither of these 44. Which of the following liabilities excluded under Industrial Risks Public Liability policy can be covered under separate Policies? A. products B. injuries to employees C. liability under the Public Liability Insurance Act, 1991 D. All these 45. Which of the following liabilities is not excluded under insurance policy under Public Liability Insurance Act, 1991? A. arising out of willful non-compliance of statutory provision B. damage to property leased by the insured C. damage to property of third party D. fines and penalties 46. Which of the following losses are not deemed to be accidental losses? A. Ordinary leakage B. Ordinary wear and fear C. inherent vice D. All these 47. Which of the following losses caused by burglars is not payable under Burglary (Business Premises) policy? A. Damage to external doors by fire B. Damage to goods which were not stolen C. Damage to furniture D. Theft of cash from safe through original key obtained by threats of violence 48. Which of the following makes the contract unenforceable in a Court of Law? A. the proposer has committed non-disclosure B. The proposer has committed mis-representation C. The proposer has given wrong address of property due to a clerical error D. The policy is not stamped as per Indian Stamp Act 49. Which of the following meanings of Aircraft damage is not correct? A. damage by aircraft B. damage by other aerial devices C. damage by pressure waves D. damage by other space devices 50. Which of the following must occur before a loss under Consequential loss (fire) policy becomes payable? A. insured peril must occur B. property damaged by the insured peril C. insured's business is interrupted D. All the above | |