Q 1. Single Buoy Mooring is also known as _________.
Q 2. There are Thirteen Protection and Indemnity Clubs are there which collectively insure _______ of the world fleet.
Q 3. ___________ of the Marine Insurance Act, 1967 states that an insurer under a contract of marine insurance has an insurable has an insurable interest in his risk and may reinsure in respect of it.
Q 4. Which is a type of pleasure craft used by wealthy owners for their private pleasure purpose and these crafts are capable of developing high speeds, usually more than 15 knots?
Q 5. A Ship Repairers Liability Insurance (SRL) protect the ship repairer:
Q 6. In case of ___________, the value fixed by the policy represents the agreed insured value of the freight insured.
Q 7. ________ of the Marine Insurance Act, 1963 states that expenses incurred by or on behalf of the assured for the safety or preservation of the subject matter insured, other than GA and Salvage Charges, are called particular charges.
Q 8. Q13) The Other than Total Loss element of the risk is mainly determined by the size of the ship. It is fixed as a certain amount, say ________ multiplied by the DWT of the Vessel, or the GT or the BHP depending upon the type of Vessel.
Q 9. Proof of shipment is evidenced by
Q 10. Buoy Body usually is supported on static legs attached to the seabed, with a rotating part above water level connected to the loading tanker and the two sections are linked by a roller bearing, referred to as the ___________.
Q 11. The perils expressed in the policy are always subject to the Statutory exclusions mentioned in ____________,unless the policy specifically provides otherwise.
Q 12. Expand the term IACS.
Q 13. What is charged on the sum insured - which is intended to cover launching and trial runs?
Q 14. An amount up to _________ of the H and M value may be insured, provided no Freight insurances are taken.
Q 15. The general principles of the lettered rules can be overridden by the specific terms of the _________, twenty-two of them, which are only subject to the Rule Paramount.
Q 16. What is a craft use to de-slit harbor basins and mouths, river and canal bottoms in order to open and deepen the channels and maintain sufficient draught so as to allow bigger Vessels to enter Harbour Waters and make them navigable?
Q 17. When IRDA was set up as an autonomous statutory body to regulate and develop the Indian Insurance Industry?
Q 18. Till the vessel is built and delivered, the interest in the subject matter is that of the_________________.
Q 19. In control of well, Section C deals with which of the following?
Q 20. Which of the following vessels are examples of Sundry vessels?
Q 21. The Institute of London Underwriters was set up in _____ as the trade association for the company market specialising in marine, aviation and transportation insurance business.
Q 22. In a Hull policy Freight is to be covered by the ship owner in any of the following manner
Q 23. A _________ is the borrower in a mortgage - he owes the obligation secured by the mortgage.
Q 24. Which of the following is an example of Business Interruption policy ?
Q 25. According to clauses No.13 Duty of the Assured (Sue and Labour) clause of ITC-Hulls (1-10-83) , Which of the following are not recoverable as sue and labour?
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