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Category: IC72 MOTOR INSURANCE EXAM – 07

IC72 MOTOR INSURANCE EXAM – 07

Que. 1 : Q1) Transfer of ownership under liability only cover is effective from

   1.  a) Date of sale

   2.  b) Date of request to insurer

   3.  c) Date of transfer.

   4.  d) All of the above

Que. 2 : Q2) Compensation payable in case of death under the relevant section of No Fault Liability is

   1.  a) Rs.25,000

   2.  b) Rs.12,500

   3.  c) Rs.30,000

   4.  d) None of the above.

Que. 3 : Q3) Learning licence can not be issued to a person of age less than:

   1.  a) 18 years

   2.  b) 20 years

   3.  c) 15 years

   4.  d) 16 years

Que. 4 : Q4) In essence _______ is an act of deceiving or misrepresenting another person dishonesty and / or fraudulently, for achieving a wrongful gain or causing a wrongful loss.

   1.  a) Frauds

   2.  b) Dishonesty

   3.  c) Forgery

   4.  d) False statement

Que. 5 : Q5) Own damage is covered under which Section of the Package Policy?

   1.  a) Section II

   2.  b) Section III

   3.  c) Section I

   4.  d) None of these