IC11 PRACTICE OF GENERAL INSURANCE EXAM - 43

Que. 1 : Q1) Who among the following does not come under the category of claims adjusting personnel?

   1.  a) assessor

   2.  b) examiner

   3.  c) claims supervisor

   4.  d) adjuster

Que. 2 : Q2) The Solatium Scheme was initiated by the Central Government in 1989 for the payment of compensation to the victims of

   1.  a) Fire Accident

   2.  b) Earth Quake

   3.  c) Hit and Run Accidents

   4.  d) Accident due to excluded peril

Que. 3 : Q3) What is issued by the insurers a month in advance before the date of expiry ?

   1.  a) Warning

   2.  b) Declaration

   3.  c) Renewal notice

   4.  d) Notice

Que. 4 : Q4) Which insurance relates to the installation of plant or machinery?

   1.  a) Computer Insurance

   2.  b) Erection All Risks Policy

   3.  c) Machinery Breakdown

   4.  d) Electronic Equipment Insurance

Que. 5 : Q5) Regulatory Issues is an example of _________ risk.

   1.  a) Operational

   2.  b) Strategic

   3.  c) Compliance

   4.  d) Financial