ICS06 - Motor Insurance (Surveyor) Mock Test 06

Motor accident claims involve MACT procedures, statutory provisions, compensation principles and insurance responsibilities. MACT generally follows principles of natural justice with limited application of Civil Procedure Code provisions. The Motor Vehicles Amendment Act, 2019 introduced important mechanisms such as the electronic Detailed Accident Report. Surveyors and insurers should understand subrogation, loading, salvage and comprehensive policies. Subrogation allows insurers to recover eligible amounts from responsible third parties. Loading may apply to higher-risk exposures or adverse claim experience. Salvage represents damaged property remaining after a claim. A comprehensive or package policy generally combines own-damage and third-party protection. Compensation calculations consider relevant income after permissible deductions.

1. Procedure of MACT is governed by:

a) CPC strictly
b) Principles of natural justice and limited CPC provisions
c) CrPC
d) Evidence Act only

2. Liberalised approach in MV claims considers Tribunals as:

a) Beneficial legislation - liberal interpretation
b) Strict interpretation always
c) Civil court
d) Criminal court

3. MV Amendment Act 2019 mandates:

a) Use of DAR / electronic DAR by police
b) Higher premium
c) Cancellation of insurance
d) RTO ownership

4. Subrogation rights against TP property tortfeasor allow insurer to:

a) Recover from third-party tortfeasor
b) Cancel premium
c) Refuse claim
d) Charge GST

5. Loading may be applied for:

a) Adverse claim experience, high-risk areas, older vehicles
b) All claim-free vehicles
c) New vehicles only
d) PA only

6. ‘Pay and Recover’ for unidentified vehicle / driver refers to:

a) Hit-run mechanism via Solatium Fund (now MVAF)
b) Same as TP
c) Free
d) RTO

7. ‘Salvage’ refers to:

a) Damaged vehicle/parts after claim
b) New vehicle
c) Premium
d) RTO record

8. ‘Comprehensive’ or ‘Package’ policy means:

a) Only TP cover
b) Only OD cover
c) Both OD and TP cover
d) Only PA cover

9. Owner of vehicle is defined under Section:

a) 2(30)
b) 2(28)
c) 2(14)
d) 2(34)

10. Income for compensation calculation considers:

a) Salary, business income, after permissible deductions
b) RTO record
c) Free
d) Premium