IC71 AGRICULTURAL INSURANCE - 17

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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

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