Que. 1 : Q1) Which of the following is excluded under deterioration of stocks add-on cover to the fire policy

   1.  a) Act of government

   2.  b) Act of municipal authority

   3.  c) Rationing,etc.of power supply

   4.  d) None of the above

Que. 2 : Q2) State Commission has jurisdiction to

   1.  a) entertain complaints where the value of the goods or services and compensation, if any, claimed exceeds Rs 20 lacs but does not exceed Rs1 crore

   2.  b) consider appeals against the orders of any District Forum within the State

   3.  c) call for records and pass appropriate orders

   4.  d) Implement all the above

Que. 3 : Q3) The provision of percentage in investment in a approved investments like infrastructure and social sector should not be less than __________.

   1.  a) 5

   2.  b) 10

   3.  c) 15

   4.  d) 20

Que. 4 : Q4) In Respect of Goods insured under marine cargo policy which on safely landed but subsequently missing, the responsibility for the loss lies with

   1.  a) Shipping company

   2.  b) Railways

   3.  c) Road carriers

   4.  d) Port trust authorities

Que. 5 : Q5) ______________ is not an example of risk.

   1.  a) Damage to car due to accident

   2.  b) Damage of cargo due to rain water

   3.  c) Damage to car tyre due to wear and tear

   4.  d) Damage to property due to fire