IC71 AGRICULTURAL INSURANCE - 17
Q1.The exposure rating method is being used to determine the pure premium rate under NAIS. Say whether True or False |
a) True |
b) False |
Q2.For any reason, if a farmer changes the crop planned earlier at the time of buying insurance, such changes should be intimated to the financial institution at which the insurance proposal was submitted, within __ from the cut-off date for buying insurance. |
a) 15 days |
b) 30 days |
c) 45 days |
d) 60 days |
Q3.If 80% of Indemnity is occurring then it is |
a) Low risk |
b) Medium risk |
c) High risk |
Q4.Delayed monsoons can cause____. |
a) Production risk |
b) Market risk |
c) Credit risk |
d) Personal risk |
Q5.In Pig Insurance Scheme, what should be the age group of pigs? |
a) 1 month to 1 year |
b) 2 months to 2 years |
c) 4 months to 2 years |
d) 6 months to 3 years |
Q6.What is the minimum premium per annum in Camel Insurance? |
a) Rs.10 |
b) Rs.25 |
c) Rs.50 |
d) Rs.100 |
Q7.Which of the following are crop production risks? |
a) Natural |
b) Social |
c) Economic |
d) All of the above |
Q8.Which of the below can be used for identification in the case of pig insurance? |
a) Ear tagging |
b) Hot dr and ing |
c) Tattooing |
d) Any of the above |
Q9.Mostly in how many forms of Hemorrhagic Septicemia disease occur? |
a) One |
b) Two |
c) Three |
d) Four |
Q10.The challenges faced by weather-based crop insurance system include______. |
a) Weather stations density |
b) Delay in receiving weather data from Government stations |
c) High cost of data provided by private players |
d) All of the above |