S09-Crop Insurance Mock Test 14

1. What is an example of a crop loss that would require a deferred assessment?

a) Hail effects on grain before it reaches the milky stage of ear development, when it may be assessed later
b) Fire damage to a fully ripe wheat crop ready for harvest
c) Flooding of a paddy crop at the time of harvesting
d) Storm damage to a fully grown sugarcane crop
e) Pest attack on a cotton crop at boll opening stage

2. What is the title of Chapter 3 in S-09 Crop Insurance?

a) Risks in Agriculture
b) History of Crop Insurance
c) Agricultural Finance
d) Weather Based Crop Insurance
e) PMFBY Scheme

3. What is the role of the ICs in the context of PACS/CSC/Banking Correspondents under PMFBY?

a) ICs directly enroll farmers themselves
b) ICs provide all requisite support to facilitate Bank Branches/PACS/CSCs/BCs for uploading farmers' details
c) ICs audit PACS operations
d) ICs replace BCs in remote areas
e) ICs collect premium directly from each farmer

4. What is the primary role of a loss assessor or adjustor in crop insurance?

a) To sell insurance policies to farmers
b) To understand the operation of an insurance contract and explain possible outcomes to the farmer
c) To collect premium from farmers
d) To approve loan applications for farmers
e) To set insurance premium rates

5. What two things should be done immediately when a deferred crop loss assessment is needed?

a) Reject the claim immediately and ask for resubmission; issue a final assessment report
b) Pay 50% of the estimated claim immediately; complete the final forms later
c) Advise the company immediately by telephone; and write a report setting out the reason for deferment, any suggestion for final assessment, and date of final assessment and any particular information about the farmer or the crop
d) Submit the completed final assessment form; collect samples for laboratory testing
e) Inform the farmer of the rejection; advise resubmission after harvest

6. What was a notable extra-ordinary feature of PCIS 1979 regarding farmer banking?

a) Farmers could pay premium in kind (crop produce)
b) Cashless transactions - all farmers required to have a bank account through which premium was paid and claims were credited
c) Farmers could get insurance without any bank account
d) Government banks bore all premium costs
e) Claims were paid in government bonds

7. What is the first stage unit of sampling in MSSRS?

a) Experimental plot
b) Crop parcel
c) Survey number
d) Revenue village
e) Insurance unit

8. What book did J.S. Chakravarthi publish related to crop insurance?

a) Crop Yield Insurance in India
b) Agricultural Insurance: A Practical Scheme Suited to Indian Conditions
c) Rainfall and Crop Loss Compensation
d) Guide to Indian Agricultural Insurance
e) Monsoon Risk and Farmer Protection

9. For soyabean with 8.381 kg dried grain from 5×5m plot, what is the extrapolated per hectare yield?

a) 838.1 kg
b) 1676.2 kg
c) 3352 kg
d) 8381 kg
e) 2000 kg

10. What is the primary role of the loss assessor in relation to the insurance company and the farmer?

a) A government regulator of insurance claims
b) The link / liaison between the insurance company and the farmer
c) An independent auditor of insurance policies
d) A premium collection agent for the insurer
e) A legal arbitrator between insurer and farmer