IC72 MOTOR INSURANCE EXAM - 04
| Q1.Which of these statements is true with respect to discounts available on installing anti-theft devices in motor vehicles? 1. The discount is 2.5% of Own Damage (OD) premium subject to a cap of Rs 500 2. Such discount is available only for those anti-theft devices which have been approved by ARAI, Pune 3. Such installations must be approved by the Automobile Associations |
| Only 1 |
| Only 3 |
| Both 1 and 2 only |
| Both 2 and 3 only |
| All 1, 2 and 3 |
| Q2.Which of the following rules are applicable to Mr. Manoj who wishes to apply for a license of transport of HAZARDOUS goods? 1. His license will be valid only for 1 year 2. His license will be valid only for 3 years 3. He should be of minimum 20 years 4. He has to undergo a refresher course before renewal |
| Only 2 and 4 |
| Only 1 and 4 |
| Only 2 and 3 |
| Only 1, 2 and 4 |
| Only 2, 3 and 4 |
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| Q3.The cabin of a tipper is almost similar to which of the following? |
| Common truck |
| Bitumen tanker |
| Water tanker |
| Trailer |
| LPG tanker |
| Q4.A person is said to do anything __, if he does that thing with an intent to defraud but not otherwise. |
| Fraudulently |
| Dishonestly |
| Forcefully |
| Wrongly |
| All of the above |
| Q5.As per Section 168 (3), the award should be satisfied within __ from the date of award unless it merits appeal. |
| 15 days |
| 30 days |
| 45 days |
| 60 days |
| 90 days |
| Q6.The current Grievance Redressal Mechanism includes - 1. Integrated Grievance Management System- IGMS 2. Courts 3. Insurance Ombudsman 4. Internal grievance redressal mechanism of the insurer |
| Only 3 |
| Only 1,2 and 3 |
| Only 2,3 and 4 |
| Only 1,3 and 4 |
| All 1, 2, 3 and 4 |
| Q7.__ is/are included in the Proposal Form with regards to the proposer. 1. The name of the proposer 2. The occupation of the proposer 3. The address of the proposer |
| Only 1 |
| Only 1 and 2 |
| Only 2 and 3 |
| Only 1 and 3 |
| All 1, 2 and 3 |
| Q8.What are the conditions for getting a learner's license for driving a transport vehicle? 1. The minimum age should be 18 years 2. The minimum age should be 20 years 3. The Person should hold a driving license to drive a light motor vehicle for at least one year |
| Only 1 |
| Only 2 |
| Only 1 and 3 |
| Only 2 and 3 |
| Only 3 |
| Q9.Describe the principle of ‘NO FAULT’? |
| The claimant needs to get a statement from traffic police certifying that he is at no fault. Liability is automatic |
| The claimant need not prove negligence on part of the motorist. Liability arises once it is established |
| The claimant need not prove negligence on part of the motorist. Liability is automatic |
| The claimant needs to be at no fault in all cases |
| None of the above |
| Q10.A person has got a driving license by fraud. What are the remedies available to the licensing authorities under the M V Act 1988? 1. The person can be arrested as per the provisions of criminal code 2. The person can be disqualified from holding a licensing for a specific period 3. The person's license can be revoked |
| Only 3 |
| Only 2 |
| Only 1 and 3 |
| Only 2 and 3 |
| All 1, 2 and 3 |