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Category: IC72 MOTOR INSURANCE EXAM – 17

IC72 MOTOR INSURANCE EXAM – 17

Que. 1 : Q1) Motor Vehicles Act is a benevolent legislation as far as compensation is payable towards third party liability. Say whether True or False

   1.  a) True

   2.  b) False

   3.  

   4.  

Que. 2 : Q2) Breach of theft occurs when:

   1.  a) Theft takes place from guarded parking lot

   2.  b) Theft takes place from owner’s friend’s house

   3.  c) Theft takes place due to negligently forgotten of key with the vehicle

   4.  d) Theft takes place with disappearing of driver with the vehicle

Que. 3 : Q3) ‘Res Ipsa Loquitur’ means   

   1.  a) A person voluntarily consents to run the risk

   2.  b) An agony of the moment

   3.  c) Things speak for itself

   4.  d) Accident which occurs not withstanding ordinary care

Que. 4 : Q4) Which document is not required for OD claim processing?

   1.  a) Registration book of vehicle

   2.  b) Assessed loss statement

   3.  c) Driving License of driver while accident

   4.  d) Driving License of the Insured

Que. 5 : Q5) Maximum towing & spot repair charges payable in event of claims under commercial vehicle

   1.  a) Rs. 1500

   2.  b) Rs. 1000

   3.  c) Rs. 500

   4.  d) Rs. 2500