Q 1. In marine insurance an insured may aband on the subject matter to the insurers and claim a Constructive Total Loss. Say whether True or False.
Q 2. Which of the following is not relevant for General Average
Q 3. A marine policy must specify which of the following?
Q 4. In marine insurance if either of the party does not follow utmost good faith
Q 5. Expand the term CSS Code with reference to marine cargo insurance.
Q 6. What was the Statutory Time Limitations on Recovery of Port Authority for filling claims?
Q 7. Which of the below is correct with regards to regards to bearing of the general average loss?
Q 8. While drafting the policy document, underwriter, in case of __________, the maximum liability of underwriter would be maximum insurable value.
Q 9. Sue and Labour clause is
Q 11. Recovery from Third Parties under Marine Policy is based on the principles of
Q 12. What are the changes paid by the railway administration for damage, deterioration, leakage or or wastage in any consignment consisting of baggage under the Indian Railways Act, 1989?
Q 13. Q13) Limitation of Monetary Liability,as per Article 22 of Montreal Convention 1999, for the loss, damage to or delay in delivery of cargo is ______________ , unless the consignor at the time of dispatch stated a value to be covered and paid a supple
Q 14. General average means
Q 15. Contract of affreightment is issued by the concerned carrier as under which of the following?
Q 16. It is a statutory requirement that all claims of_____________and above be surveyed by a licensed surveyor.
Q 17. Section 16 of the Carriage of Goods by Road Act states that no legal suit or proceeding against the common carrier can start if a written notice about the loss or damage to the consignment is given to the common carrier within_________from the date o
Q 18. Marine policies being freely assignable the claimant should be able to establish ___________ in the subject matter insured at the time of loss.
Q 19. Which of the following does not fall under sue and labour charges?
Q 20. Every person has an insurable interest who is interested in a marine adventure. Say whether True or False.
Q 21. What was the Statutory Time Limitations on Recovery of Road carriers for filling claims?
Q 22. The ____________ as that of all surveyors who so ever they may represent is primarily to seek out all relevant facts and have them reported accurately and impartially without any preconceived notions or bias.
Q 23. Evaluate the following statements regarding marine insurance policies:Statement 1: Normally, a marine policy is issued for one year only, but it can sometimes be issued for less than a year.Statement 2: A marine policy can also be issued for more than one year.
Q 24. What was the Statutory Time Limitations on Recovery of Steamer Company for Filling Suit?
Q 25. If after ______ of the goods being in the custody of the Board, any rates or rent payable to the Board is not paid or if a lien of any ship-owner on the goods for freight, the board may sell off the goods either by public auction, tender or private a
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