ICS04 - Marine Hull (Surveyor) Mock Test 07
These questions cover important concepts from ICS04 – Marine Hull (Surveyor), including unrepaired damage, depreciation, tug operations, salvage services, the Indian Register of Shipping (IRS), International Association of Classification Societies (IACS), General Average claims, fixed-premium Protection and Indemnity (P&I) cover, time policies, and Marine Insurance Act provisions. They also examine marine insurance contracts, Port Risks Clauses, and the legal treatment of missing vessels under Section 58. The questions focus on hull claims, vessel classification, policy duration, documentation, P&I insurance, marine losses, warranties, deductibles, and total loss principles. These concepts are essential for Marine Hull Surveyor examination preparation.
Q1. Where there is unrepaired damage, underwriters are liable for the reasonable depreciation to the vessel thereby, provided:
a) She is not a total loss before the expiry of the policy
b) She is not a partial loss before the expiry of the policy
c) She is not an actual loss before the expiry of the policy
d) She is not a constructive loss before the expiry of the policy
Q2. Which of the following are uses of tugs?
a) Towing vessels into Port areas or through channels
b) Towing of 'dumb' Barges
c) Rendering Salvage services - fire-fighting work, oil spill cleaning
d) All of the above
Q3. When did IRS attain full membership of IACS?
a) June 2010
b) June 2011
c) June 2012
d) June 2013
Q4. Which of the following documents are required for GA Claim?
a) A copy of Hull and Machinery Policy covering accident period
b) Deck and Engine Log Books for the period covering casualty and repairs
c) A copy of the Underwriter's Surveyors' report of survey
d) All of the above
Q5. What is the advantage of the fixed premium (non-mutual) P&I cover that is offered by some of the P&I clubs?
a) It is cheap
b) It has indemnity limits
c) Ship-owner does not have to bear the additional calls for premium due to adverse claims of other fleets during the year
d) It is an All Risk Cover
Q6. Time Policies relate to:
a) Fire Insurance
b) Hull Insurance
c) Motor Vehicles Insurance
d) Workmen
Q7. Section 27(2) of the Marine Insurance Act, 1963 prohibits granting a Marine Time Policy exceeding a period of __________.
a) 6 months
b) 12 months
c) 24 months
d) 36 months
Q8. A contract of __________ is a contract whereby the insurer undertakes to indemnify the assured, in manner and to the extent thereby agreed, against marine losses, that is to say, the losses incident to marine adventure.
a) Life Insurance
b) Fire Insurance
c) Marine Insurance
d) Crop Insurance
Q9. Which of the following Clauses do not appear in the Port Risks Clause?
a) Termination Clause
b) Deductible Clause
c) Breach of Warranty Clause
d) Perils Clause
Q10. If a ship is 'missing', Section 58 of the Act provides that if no news has been received after the lapse of a reasonable period, then:
a) The ship is presumed to be an actual total loss
b) The cargo on board is deemed to be an actual total loss
c) Both the above are presumed to be an actual total loss
d) Neither ship, nor cargo are presumed to be an actual total loss
