IC72 MOTOR INSURANCE EXAM - 32
Que. 1 : Q1) A third party liability is often awarded against more than one insurer in case of
1. a) Dispute on admissibility of claim
2. b) Absence of insurance policies
3. c) Unen forceable policies produced
4. d) Contributory negligence
Que. 2 : Q2) Which of the following are primary factors responsible for road accidents?
1. a) The driver
2. b) The vehicle
3. c) The road
4. d) All of the above
Que. 3 : Q3) The _________ envisages that the award must basically be a "conventional figure" derived form experience and from awards pronounced in similar cases, to ensure some measure of uniformity in awards.
1. a) Principle of Uniformity
2. b) Principle of Assessability
3. c) Principle of Predictability
4. d) None of these
Que. 4 : Q4) Award of Tribunal discusses and decides which of the following parameters:
1. a) Whether claimant entitled for the compensation,
2. b) What is the amount of compensation payable,
3. c) Who between the Insurer/ owner of the vehicle will pay the compensation,
4. d) All the above.
Que. 5 : Q5) Which of the below statement is correct?
1. a) Under Section 161(3) , in cases in respect of the death of any person and in case of grievous hurt resulting from a hit-and-run motor accident, a fixed sum of Rs.25,000/- is to be paid as compensation.
2. b) Under Section 161(3) , in cases in respect of the death of any person and in case of grievous hurt resulting from a hit-and-run motor accident, a fixed sum of Rs.12,500/- is to be paid as compensation.
3. c) Under Section 161(3) , in cases in respect of the death of any person resulting from a hit-and-run motor accident, a fixed sum of Rs.12,500/- is to be paid as compensation and in case of grievous hurt, the amount fixed is Rs.25,000/-.
4. d) Under Section 161(3) , in cases in respect of the death of any person resulting from a hit-and-run motor accident, a fixed sum of Rs.25,000/- is to be paid as compensation and in case of grievous hurt, the amount fixed is Rs.12,500/-.