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Category: IC11 PRACTICE OF GENERAL INSURANCE EXAM – 13

IC11 PRACTICE OF GENERAL INSURANCE EXAM – 13

Que. 1 : Q1) The limit of dispute can be referred to the District Consumer Court _______

   1.  a) up to Rs 20 lakhs

   2.  b) up to Rs 25 lakhs

   3.  c) up to Rs 50 Lakhs

   4.  d) up to Rs 100 Lakhs

Que. 2 : Q2) What class of insurance can provide cover for loss of attraction or denial of access to the insureds premises?

   1.  a) Business interruption insurance

   2.  b) Contingency insurance

   3.  c) Property damage insurance

   4.  d) Public liability insurance

Que. 3 : Q3) __________ can intervene in the affairs of an insurer.

   1.  a) RBI

   2.  b) Finance Ministry

   3.  c) State Government

   4.  d) IRDAI

Que. 4 : Q4) Insurance density is:

   1.  a) Life insurance premium

   2.  b) Ratio of premium to income

   3.  c) Premium per capita

   4.  d) Coverage per capita

Que. 5 : Q5) In relation to cancer patients aid Association policy which of the following is True. (1) The premium is payable to CPAA. As part to the membership fee. (2) Claims are paid by CPAA.

   1.  a) Statement 1 is True

   2.  b) Statement 2 is True

   3.  c) Both are true

   4.  d) Both are false