IC71 AGRICULTURAL INSURANCE - 10
| Q1.The economic importance of bullocks is based on their usefulness as the main source of draught power for various agricultural operations including irrigation and rural transport refers to which cattle? |
| a) Milch cattle |
| b) Draught cattle |
| c) Cross-bred cattle |
| d) None of these |
| Q2.In the Duck insurance scheme, what are the premium rates p.a for the rest of the period of Group 2 for Government-subsidized schemes? |
| a) Rs.0.80 |
| b) Rs.0.90 |
| c) Rs.0.70 |
| d) Rs.1.00 |
| Q3. In Comprehensive Floriculture Insurance, there will be an excess of ___ on each and every claim? |
| a) Rs.25,000 |
| b) Rs.50,000 |
| c) Rs.75,000 |
| d) Rs.1,00,000 |
| Q4.What were the minimum premium rates to be charged? |
| a) 10 |
| b) 20 |
| c) 30 |
| d) 50 |
| Q5.Expenses incurred during the season for which the policy has been issued are only to be taken into account for the purpose of the policy and Expenses made prior to the season in question are not to be taken into account refers to? |
| a) Excess |
| b) Loss assessment method |
| c) Premium rate |
| d) Sum insured |
| Q6.Coffee, Tea, Rubber, Coconut, Cashew nut, and Oilpalm is called as |
| a) Cash crops |
| b) Fruit crops |
| c) Vegetable crops |
| d) Plantation crops |
| Q7.Period of insurance for citrus under horticulture / plantation (inputs) insurance scheme____. |
| a) 12 months from the date of issue of policy |
| b) 18 months from the date of issue of policy |
| c) 6 months from the date of issue of policy |
| d) None of the above |
| Q8.The rates for hail insurance premiums are generally determined by which of the following factors? |
| a) Location |
| b) Crop type |
| c) Both a and b |
| d) Only a |
| Q9.Which of the following are objectives of Land records? |
| a) Furnishing the basic material for periodic revision of land revenue assessment and settlement of newly occupied lands |
| b) Recording suspensions and remissions of land revenue in the event of natural calamities |
| c) Preparation of annual statement of demand of land revenue also constitute the statistical basis for land utilization |
| d) All of the above |
| Q10.Which of the following are advantages of the Weather index? |
| a) The claim payments are made faster |
| b) Insurance contract is more transparent |
| c) Transactions costs are lower |
| d) All of the above |