IC71 AGRICULTURAL INSURANCE - 01
| Q1.What should be the age group of Camel in camel insurance? |
| a) 1 year to 2 years |
| b) 2 years to 8 years |
| c) 3 years to 12 years |
| d) 5 years to 15 years |
| Q2.Which of the following are important underwriting conditions? |
| a) All birds in the farm/ shed should be insured |
| b) Poultry farm should have their own veterinary facility or on a consultancy basis |
| c) Proper balanced standard food, water and light should be supplied to birds |
| d) All of the above |
| Q3.The Indian Veterinary Association was established in which year? |
| a) 1822 |
| b) 1853 |
| c) 1922 |
| d) 1952 |
| Q4.National Agricultural Insurance Scheme replaced the existing ___. |
| a) Agriculture Insurance Company of India |
| b) National Insurance Scheme |
| c) Comprehensive Crop Insurance Scheme |
| d) Rainfall Insurance Scheme |
| Q5.Spot the false statement from the list. |
| a) Parametric weather-related risks like rainfall, frost, heat (temperature), humidity, etc. are covered under weather-based crop insurance. |
| b) Low start-up costs are associated with weather-based crop insurance |
| c) High start-up costs are associated with weather-based crop insurance |
| d) Objectivity and transparency is relatively high in weather-based crop insurance |
| Q 6. There must be an adequate field representation, preferably in the form of trained agronomists in a supervisory role, with less qualified persons carrying out field assessments. So there is a need of |
| a) Administrative structure |
| b) Loss adjustment mechanism |
| c) Financing insurance program |
| d) Reserves and reinsurance |
| Q7.Which of the following will leads to Price or Market risk? |
| a) Random uncontrolled weather inputs |
| b) Changes in levels of input and output support and subsidies |
| c) Lack of effective and efficient markets and poor storage facilities |
| d) Lack of information about market developments, new developments in agricultural technologies |
| Q8.NDDB was created in the year___. |
| a) 1949 |
| b) 1965 |
| c) 1964 |
| d) 1971 |
| Q9.What should be the age of Non-scheme animals in the Sheep and goat insurance scheme? |
| a) 2 months to 2 years |
| b) 4 months to 4 years |
| c) 5 months to 5 years |
| d) 6 months to 6 years |
| Q10.Which advance estimates are prepared towards the end of March/April when the National Conference of Agricultural for Kharif Campaign is convened? |
| a) First advance estimates |
| b) Second advance estimates |
| c) Third advance estimates |
| d) Fourth advance estimates |
