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Category: IC78 MISCELLANEOUS INSURANCE EXAM – 09

IC78 MISCELLANEOUS INSURANCE EXAM – 09

Que. 1 : Q1) The Principle of Contribution does not fully apply to the following policy

   1.  a) Standard Fire Policy

   2.  b) Machinery Breakdown

   3.  c) Personal Accident

   4.  d) Burglary Policy

Que. 2 : Q2) Which of the following requirements does not apply for granting cash-in-safe insurance?

   1.  a) The safe is of approved design

   2.  b) The safe is brand new

   3.  c) The safe is burglar-proof

   4.  d) The safe is of approved make

Que. 3 : Q3) Payment of Contribution to Environment Relief fund is compulsory under:

   1.  a) Public Liability Policy

   2.  b) Professional Indemnity Policy

   3.  c) Public Liability Insurance (Act) Policy

   4.  d) Workmen Compensation Policy

Que. 4 : Q4) Choose the correct statement

   1.  a) RSBY is a life insurance policy launched by the Govt. of India

   2.  b) RSBY has been launched by the Ministry of Labour and Employment, Government of India, to provide health insurance coverage to BPL families.

   3.  c) Pre-existing diseases are not covered under RSBY

   4.  d) None of the above

Que. 5 : Q5) Which of the following parties can bring an action against a director of a company giving rise to a claim under the D&O POLICY?

   1.  a) Customers

   2.  b) Employees

   3.  c) Regulator

   4.  d) All above