Que. 1 : Contractors all risk policy is a variation of
1. Fire Insurance
2. Life Insurance
3. Marine Insurance
4. Engineering Insurance
Que. 2 : An example of a fact which need not be disclosed unless asked for is __________________ by the insurer.
1. Other Insurance details
2. Heart ailment
3. Age of the insured
4. Presense of fire extinguisher
Que. 3 : Money Insurance policy covers :
1. Money Invested in mutual fund
2. Cash in hand
3. Money Lying in Savings Bank
4. Money deposited with post office
Que. 4 : Independent surveyors are required for claims equals to or above ____________________________ as per the insurance act.
1. Rs. 15000
2. Rs. 40000
3. Rs. 20000
4. The bearing of investment risk
Que. 5 : Anil, 20 years old,is madhyamik passed. He is staying in a Urban area. Can he get a Lincense for Innsurance agency ?
1. No, because the minimum qualification for urban area is 12th standard
2. Yes, he meets all criteria
3. No, because the minimum age for urban area is 21 years
4. NO, because he is staying in urban area.
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