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Category: IC11 PRACTICE OF GENERAL INSURANCE EXAM – 47

IC11 PRACTICE OF GENERAL INSURANCE EXAM – 47

Que. 1 : Q1) Motor No-fault liability claims are decided by

   1.  a) Motor Accident Claims Tribunal

   2.  b) Lok Nyayalaya

   3.  c) Civil Court

   4.  d) Lok Adalat

Que. 2 : Q2) Which document has the final supremacy when there is a conflict in wordings of various documents ?

   1.  a) Proposal

   2.  b) Policy

   3.  c) Contract

   4.  d) Preamble

Que. 3 : Q3) Which insurance deals with Loading & Unloading conditions and warehousing facilities ?

   1.  a) Godown insurance

   2.  b) Public liability insurance

   3.  c) Store insurance

   4.  d) Cargo insurance

Que. 4 : Q4) Which of the following statements is Correct in the context of Money insurance? (1) Estimated amount of cash in transit during the policy period is the maximum amount payable for any loss (2) Estimated amount of cash in transit during the policy period is the amount on which the premium is collected

   1.  a) Statement 1 is True

   2.  b) Statement 2 is True

   3.  c) Both on correct

   4.  d) Neither is correct

Que. 5 : Q5) An employer insures himself from dishonest act of his employees by _________

   1.  a) Employees compensation policy

   2.  b) Public Liability Insurance policy

   3.  c) Fidelity Guarantee Insurance policy

   4.  d) Declaration policy.