Que. 1 : Q1) As regards risk of explosion to be covered, it means:
1. a) Only internal
2. b) Both internal and external
3. c) Only external explosion
4. d) Covered only by additional premium
Que. 2 : Q2) The amount of _____________ loss is not easy to determine but the award must reflect that different circumstances have been taken into consideration.
1. a) Pecuniary damages
2. b) Non-pecuniary damages
3.
4.
Que. 3 : Q3) Chapter XII Sections 165 to 176 of the MV Act,1988 deal with “Claims Tribunals”. Say whether True or False.
1. a) True
2. b) False
3.
4.
Que. 4 : Q4) IDV of new vehicle represents
1. a) Invoice price
2. b) Invoice price less 5%
3. c) Ex factory price
4. d) Cost on road less 5%
Que. 5 : Q5) Compensation from solatium fund is paid for (1) No-fault liability claims (2) Hit and run claims
1. a) Both are true
2. b) Both are false
3. c) Statement 1 is True
4. d) Statement 2 is True
