IC71 AGRICULTURAL INSURANCE - 17
Que. 1 : Q1) Exposure rating method is being used to determine the pure premium rate under NAIS. Say whether True or False
1. a) True
2. b) False
3.
4.
Que. 2 : Q2) For any reason, if farmer changes the crop planned earlier at the time of buying insurance, such changes should be intimated to financial institution at which insurance proposal was submitted, within ________ from the cut-off date for buying insurance.
1. a) 15 days
2. b) 30 days
3. c) 45 days
4. d) 60 days
Que. 3 : Q3) If 80% of Indemnity is occurs then it is
1. a) Low risk
2. b) Medium risk
3. c) High risk
4.
Que. 4 : Q4) Delayed monsoons can cause_____________.
1. a) Production risk
2. b) Market risk
3. c) Credit risk
4. d) Personal risk
Que. 5 : Q5) In Pig Insurance Scheme, what should be the age group of Pig?
1. a) 1 month to 1 year
2. b) 2 months to 2 years
3. c) 4 months to 2 years
4. d) 6 months to 3 years