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Category: IC11 PRACTICE OF GENERAL INSURANCE EXAM – 42

IC11 PRACTICE OF GENERAL INSURANCE EXAM – 42

Que. 1 : Q1) Which of the following property is covered under the fire policy if expressly stated in the policy?

   1.  a) books of account

   2.  b) business books

   3.  c) computer system records

   4.  d) all the above

Que. 2 : Q2) As per Mediclaim policy, Statement A. Expenses on Hospitalisation for a minimum period of 24 hours are admissible. Statement B : This time limit is not applied if the insured is discharged the same day after specific treatment e.g. Dialysis.

   1.  a) 1 is true

   2.  b) 2 is true

   3.  c) Both are true

   4.  d) Both are false

Que. 3 : Q3) Which of the following are covered in fire insurance?

   1.  a) Raw materials

   2.  b) Semi-finished goods

   3.  c) Packing materials

   4.  d) All of the above

Que. 4 : Q4) Earthquake is an example of:

   1.  a) Catastrophic risk

   2.  b) Dynamic risk

   3.  c) Marginal risk

   4.  d) Speculative risk

Que. 5 : Q5) Under Compulsory Public Liability policy in case of permanent partial disablement, the amount of relief fixed is __________.

   1.  a) Rs 10000

   2.  b) Rs 12500

   3.  c) Rs 15000

   4.  d) Rs 12000