Category: IC11 PRACTICE OF GENERAL INSURANCE EXAM – 07

Que. 1 : Q1) Calculate the refund under declaration policy? Sum assured 100000 Rate – Re 1 per 100 Premium Rs.1000 Declarations – Jan-65000,Feb-80000,March-50000,April-75000,May-50000,June-50000,July- 80000, Aug- 60000,Sept-50000,Oct-40000,Nov-90000,Dec-50000.    1.  a) Rs,400    2.  b) Rs,600    3.  c) Rs,1000    4.  d) Rs,1200 Que. 2 : Q2) Which of the below statement is correct with regards to an accident?    1.  a) An accident usually denotes a […]