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IC78 MISCELLANEOUS INSURANCE EXAM – 19

Que. 1 : Q1) The Public Liability Insurance Act came into force by

   1.  a) 1993

   2.  b) 1923

   3.  c) 1972

   4.  d) 1991

Que. 2 : Q2) Mark the number of days in which Insurer has to submit the product performance details in respect of every ”Pilot Product” cleared by the authority?

   1.  a) Within 30 days of close of FY

   2.  b) Within 45 days of close of FY

   3.  c) Within 60 days of close of FY

   4.  d) Within 90 days of close of FY

Que. 3 : Q3) The Following perils are excluded from the Plate Glass Policy except

   1.  a) Fire

   2.  b) Explosion

   3.  c) Earthquake

   4.  d) Accidental breakage of glass

Que. 4 : Q4) The fees payable to TPA for rendering health services in the eastern and western India is:

   1.  a) 6% of premium

   2.  b) 5.4% of premium

   3.  c) 5.5% of premium

   4.  d) None of the above

Que. 5 : Q5) Which of the below statement is correct with regards to corporate frequent travelers plan?

   1.  a) It is valid for one trip

   2.  b) It is valid for 6 trips or 6 months whichever happens first

   3.  c) It is an annual policy valid for multiple trips with a limit on maximum number of trips

   4.  d) It is an annual policy valid for multiple trips but ends with the first claim

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