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Category: IC77 ENGINEERING INSURANCE EXAM – 01

IC77 ENGINEERING INSURANCE EXAM – 01

Que. 1 : Q1) What shall mean any fired closed vessel or a combined container piping system in which steam is generated under pressure?

   1.  a) Pressure plant

   2.  b) Boiler

   3.  c) Collapse

   4.  d) Flue gas explosion

Que. 2 : Q2) Which of the following is taken into account in fixing the estimated completely erected value of the contract works under CAR Policy?

   1.  a) Cost of material

   2.  b) Construction costs

   3.  c) Freight and customs duties

   4.  d) All of the above

Que. 3 : Q3) What is a prior agreement between the ceding company and the reinsurer whereby the ceding company agrees to cede and the reinsurer agrees to accept all business up to a certain limit laid down in the treaty contract upon agreed terms and conditions?

   1.  a) Facultative reinsurance

   2.  b) Treaty reinsurance

   3.  

   4.  

Que. 4 : Q4) In CAR Insurance, maintenance period is usually __________ but may vary depending on the type of contract work.

   1.  a) 3 months

   2.  b) 6 months

   3.  c) 9 months

   4.  d) 12 months

Que. 5 : Q5) Which of the following is an example of ‘mobile machinery’?

   1.  a) Earth moving machines

   2.  b) Fixed conveyor systems

   3.  c) Concrete batching plants

   4.  d) Asphalt mixing plants