S09-Crop Insurance Mock Test 10
S-09 Crop Insurance covers crop identification, loss assessment, weather parameters, insurance valuation, and digital administration. Groundnut is an important oilseed crop. Named-perils crop insurance requires assessment to determine whether the loss resulted from an insured peril, which can be difficult for certain crop and peril combinations. Ground-level crop yield and damage data may contain errors because of resource constraints and aggregation. In WBCIS, a wet-spell refers to continuous above-normal rainfall that may cause waterlogging. Poly-house insurance uses a specified valuation basis. FIIS covered cereals, millets, pulses, and oilseeds. Assessment records should be digitally preserved for audit, while bank field functionaries manage required information on NCIP.
1. Which of the following is an Oilseed crop?
a) Cotton
b) Groundnut
c) Onion
d) Mango
e) Coffee
2. What is the title of Chapter 10 in S-09 Crop Insurance?
a) Crop Loss Assessment - Principles and Objectives
b) Crop Insurance Fundamentals
c) Agricultural Risk Management
d) Insurance Contract Law
e) Crop Yield Analysis
3. What does the chapter say about 'named-perils' policies and loss assessment procedures?
a) Named-perils policies are always easier to assess than all-risks
b) Named-perils policies require no assessment
c) Named-perils policies pay claims automatically
d) Named-perils policies require the assessment process to ascertain whether the loss was caused by an insured peril, which may be impossible for some crop/peril combinations
e) Named-perils policies are cheaper because assessment is simpler
4. In the Test Yourself question, the Ministry of Agriculture's Android-based app for assessment of hailstorm data was initially piloted in which fields?
a) Wheat and cotton fields
b) Cotton and sugarcane fields
c) Wheat and rice fields
d) Rice and cotton fields
e) Maize and soybean fields
5. What is the problem with data inputs received by the Agriculture Ministry about crop yield and damage?
a) The data is always accurate and reliable
b) The data arrives too quickly without verification
c) The data is only collected by satellites and not verified on ground
d) The data is always understated by farmers to reduce premiums
e) The initial data received from the ground level mechanism is of approximate value; overall accuracy is marred by resource constraints; errors in data collection are common and the margin magnifies when aggregation takes place at higher levels
6. What is 'wet-spell' as a weather parameter in WBCIS context?
a) A period of very heavy rainfall
b) A continuous period with above-normal rainfall that can damage crops through waterlogging
c) Sea weather spell affecting coastal crops
d) A spell of humid weather without actual rainfall
e) A weather event caused by monsoon
7. On what basis is the sum insured for a Poly-house calculated under Comprehensive Floriculture Insurance?
a) On depreciated value basis
b) On market value basis
c) On replacement cost basis
d) On government-assessed value
e) On farmer's declared value
8. What crops did FIIS cover?
a) All food crops
b) Rice and Wheat only
c) All cereals, millets, pulses and oil seeds
d) Only oilseeds
e) Rice, wheat and commercial crops
9. How should the entire work produced during assessment ideally be transferred and preserved?
a) Kept only in handwritten form and stored at the farm
b) Transferred to a computer for sharing with relevant people including the accounts department, and preserved for a certain number of years for audit or other purposes
c) Transferred only to the insurance company's legal department
d) Destroyed after 30 days to protect farmer privacy
e) Shared only with the farmer and no one else
10. What is the role of designated field functionaries of Banks in PMFBY?
a) Only approving claims
b) Enter/upload/download requisite information on NCIP using secured credentials
c) Setting premium rates for crops
d) Conducting CCEs for yield estimation
e) Filing police complaints for fraud
