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Category: IC71 AGRICULTURAL INSURANCE – 19

IC71 AGRICULTURAL INSURANCE – 19

Que. 1 : Q1) Which describes the calculations made by an actuary and these calculations require basic data over a sufficient time period to permit likelihood of future events to be predicted with a degree of certainty?

   1.  a) Actuary

   2.  b) Actuarial

   3.  c) Accumulation

   4.  d) Catastrophe

Que. 2 : Q2) Mostly in how many forms Hemorrhagic Septicemia disease occur?

   1.  a) One

   2.  b) Two

   3.  c) Three

   4.  d) Four

Que. 3 : Q3) Not giving regular pay-outs makes it very challenging to maintain weather insurance contracts year after year leads to

   1.  a) Geographic spread and scaling up

   2.  b) Unrealistic expectations

   3.  c) Product communication and Need for capacity building

   4.  d) Reinsurer’s concerns of current seasons’s

Que. 4 : Q4) Agriculture Insurance in China started in ____ with the introduction of both livestock and crop insurance.

   1.  a) 1962

   2.  b) 1972

   3.  c) 1982

   4.  d) 1992

Que. 5 : Q5) In case of alarming death/outbreak of epidermic nature immediate notice within ______ should be given to the insurer and all birds should be segregated and produced to the representative of the insurer.

   1.  a) 12 hours

   2.  b) 24 hours

   3.  c) 36 hours

   4.  d) 48 hours