IC77 ENGINEERING INSURANCE EXAM - 22

Que. 1 : Q1) A project is normally born as an idea

   1.  a) To introduce new production facilities

   2.  b) Improve existing production capacities

   3.  c) To improve infrastructure aimed at socio-economic development

   4.  d) All of the above

Que. 2 : Q2) In SCE policy, during the time policy period if the works have not been completed, there is

   1.  a) Scope of extension of policy

   2.  b) NO scope of extension of policy

   3.  c) The policy is issued for an indefinite period

   4.  d) None of the above

Que. 3 : Q3) Claims under engineering Insurance policies procedures relate to which of the following?

   1.  a) Notification of claim, obligations of the insured

   2.  b) Position after a claim

   3.  c) Duties following an accident

   4.  d) All of the above

Q4) General Information required for framing construction phase insurance for a project
(i)  wind, flood and rainfall statistics at site as well as geological, hydrological & meteorological reports
(ii) Copies of contracts giving insurance requirements
(iii) Detailed description of the project including any civil works.

   1.  a) only (i)

   2.  b) (i)  & (ii)  only

   3.  c) (i)  & (iii)  only

   4.  d) All the above

Que. 5 : Q5) The cold store owner is also under an obligation to ___________ in which recordings of temperature humidity, section discharge and oil pressure of the various compressors should be recorded at the four hourly intervals.

   1.  a) Maintenance of log book

   2.  b) Maintenance of stock register

   3.  c) Underwriting considerations

   4.  d) Pre-Insurance Inspection