Objective Set
|
S. N |
QUESTION |
A |
B |
C |
D |
|
1 |
Mediclaim Policy covers |
Hospitalization Expenses |
Death Compensation |
Domicilliary Medical Expenses |
Disability Compensation |
|
2 |
P.A. Policy covers |
Health Risk |
Life Risk |
T.P. Loss |
Accidental Death & Disability Risk |
|
3 |
Life Insurance Policy can be taken upon the Life of |
Human Beings |
Pets |
Birds |
Cattles |
|
4 |
Motor Insurance covers |
D.G. Sets |
Road Vehicles |
Toy Trains |
Motor Boats |
|
5 |
Money insurance is given to |
Householders |
Commercial Establishments |
Advocates |
Students |
|
6 |
Marine Transit Policy is meant for |
Ship crew members |
Ships |
Persons going by ships |
Goods in transit |
|
7 |
Professional Indemnity Policy compensates Loss due to |
Damage to professional properties |
Compensations Being paid to the client |
Low Business |
Penalty Imposed by the Authority |
|
8 |
Product Liability Insurance is issued to |
Private clubs hosting dinners |
Food & Supply departments of the State |
Manufacturers producing the goods |
Consumers using the product |
|
9 |
In OMP claims are settled in |
UK Pounds |
Indian Rupee |
US Dollar |
Euro Dollars |
|
10 |
Maternity Benefits under Mediclaim Policy can be covered under |
Group Policy |
Family Policy |
Individual Policy |
All of above |
|
11 |
Motor Package Policy is |
Compulsory with Liability Cover |
Optional |
Compulsory with P.A. Cover |
Optional with Liability cover |
|
12 |
Mediclaim Insurance covers |
PA and Life Risk |
P.A. Risk |
Health Risk |
Life Risk |
|
13 |
‘Blood Stock’ policy covers loss due to |
Death of Blood donor |
Deterioration of blood due to sudden change in temperature in blood bank |
Death of patient |
Death of Race Horse |
|
14 |
Plate Glass Policy is compulsory with |
Money Policy |
Optional |
Burglary Policy |
Fire policy |
|
15 |
Professional Indemnity Policy is not issued to |
Engineers |
Doctors |
Farmers |
Advocates |
|
16 |
OMP is meant for |
Engineers |
Overseas Travellers |
Inland Travellers |
Doctors |
|
17 |
Life Insurance Premium may consist of |
Life Risk Cover and Savings Portion |
Health Risk Cover Only |
Personnel Accident Cover Only |
Savings Portion Only |
|
18 |
House holders policy does not cover |
Theft |
Loss of Profit |
P.A. |
Fire |
|
19 |
Public Liability Insurance can be issued to |
Industrial Units |
Office owners |
Individuals |
All of above |
|
20 |
In P.A. Policy compensation for loss of one limb or one eye is equivalent to |
25% of CSI |
50% of CSI |
75% of CSI |
100% of CSI |
|
21 |
Burglary policy does not cover |
Money in safe |
Valuables in safe |
Damage to property by Burglars |
Money in transit |
|
22 |
House Holders Policy is granted to |
Office |
Group |
Factory |
Individual |
|
23 |
In Private car Motor Package Policy Maximum NCB is |
50% |
65% |
40% |
20% |
|
24 |
In Motor ‘Legal Liability Only’ Policy compensation is given for Third Party |
Disability Only |
Death Only |
Property Damage Only |
All of above |
|
25 |
Fire Policy may be extended to cover |
T.P. Liability |
Employees compensation |
Loss of Profit |
Burglary |
|
26 |
Fire Insurance covers |
Building Only |
Stock Only |
Life Risk |
Building & Stock |
|
27 |
Burglary Policy is given to |
Residential Houses |
Drivers |
Travellers |
Commercial Establishments |
|
28 |
Mediclaim Policy covers Pre-Hospitalisation Expenses for |
10 days |
15 days |
25 days |
30 days |
|
29 |
In Motor OD Claims Depreciation on Metal Parts is deducted @ |
As per Age of the vehicle |
20% |
50% |
10% |
|
30 |
Life Insurance Business is conducted by |
GIC |
LIC |
IRDA |
LIC & Private Life insurers |
|
31 |
In Motor OD claims Depreciation on Rubber Parts is deducted @ |
40% |
20% |
50% |
30% |
|
32 |
Public Liability Insurance covers |
Damage to Third Persons |
Loss of Profit |
Damage to Self Property |
Injury to self |
|
33 |
In P.A. Policy TTD benefit can be extended |
4% of CSI per week |
3% of CSI per week |
2% of CSI per week |
1% of CSI Per Week |
|
34 |
Fire Insurance Policy can be extended to cover |
Earthquake |
War |
Nuclear Risk |
Lightning |
|
35 |
Fidelity Guarantee Policy covers loss due to dishonesty by |
Relatives |
Clients |
Friends |
Employees |
|
36 |
‘Key Clause’ in Burglary Policy refers to claim is payable only when |
Burglars open safe by key handed over by insured at his own |
Burglars forceably obtain keys from Insured |
Burglars use duplicate key lying near safe |
None of above |
|
37 |
Directors and Officers Policy is issued to |
IAS Officers |
Directors of Corporate |
Chartered Accountants |
Film Directors |
|
38 |
Motor (Liability Insurance ) Policy covers |
P.A. Risk |
Third Party Loss |
Own Damage & Third Party Loss |
Own Damage |
|
39 |
Fire Insurance Policy covers |
T.P. Liability |
Fire Only |
P.A. Risk |
Fire & Allied Perils |
|
40 |
House Holders Policy has |
2 sections |
5 sections |
10 sections |
3 sections |
