Free sample MCQs

Exam-pattern practice questions. Think of your answer, then tap Show answer. Want a timed test with scoring? Sign up free and take the free sample test.

Fire & Engineering

Q1. What is the excess in Bharat Sookshma Udyam Suraksha (BSUS)?

  1. Nil
  2. ₹5,000 per claim
  3. 5% of each claim, minimum ₹10,000
  4. ₹25,000 per claim
Show answer

Answer: (b) ₹5,000 per claim

Option (c) is the BLUS excess. BGR has no excess.

Q2. What is the excess in Bharat Laghu Udyam Suraksha (BLUS)?

  1. ₹5,000 per claim
  2. 5% of each claim, minimum ₹10,000
  3. 10% of each claim
  4. Nil
Show answer

Answer: (b) 5% of each claim, minimum ₹10,000

Marine

Q3. Washing overboard is covered under?

  1. ICC A only
  2. ICC A and ICC B
  3. ICC A, B and C
  4. ICC C only
Show answer

Answer: (b) ICC A and ICC B

It is a named peril in B; C does not name it.

Q4. Piracy is covered under?

  1. ICC A only
  2. ICC A and B
  3. ICC B and C
  4. Not covered in any ICC
Show answer

Answer: (a) ICC A only

Motor

Q5. Death compensation under s.164 of the MV Act (2019 amendment)?

  1. Up to ₹2 lakh
  2. Fixed ₹5 lakh
  3. Up to ₹5 lakh
  4. ₹10 lakh
Show answer

Answer: (b) Fixed ₹5 lakh

A fixed sum, not a ceiling; no fault need be proved.

Q6. Grievous hurt under s.164?

  1. ₹50,000
  2. ₹1,00,000
  3. ₹2,50,000
  4. ₹5,00,000
Show answer

Answer: (c) ₹2,50,000

₹50,000 is the hit and run figure (s.161).

Reinsurance

Q7. A reinsurer reinsuring business it has accepted is called?

  1. Co-insurance
  2. Retrocession
  3. Fronting
  4. Pooling
Show answer

Answer: (b) Retrocession

The reinsurer that accepts it is the retrocessionaire.

Q8. What is a facultative obligatory treaty?

  1. Obligatory for both
  2. Optional for both
  3. Optional for the cedant, obligatory for the reinsurer
  4. Obligatory for the cedant, optional for the reinsurer
Show answer

Answer: (c) Optional for the cedant, obligatory for the reinsurer

HRM (CDA Rules)

Q9. Appellate authority for a Scale IV officer?

  1. GM
  2. CMD
  3. DGM
  4. Board
Show answer

Answer: (b) CMD

Q10. Time limit to appeal after receiving a penalty order?

  1. 30 days
  2. 45 days
  3. 3 months
  4. 6 months
Show answer

Answer: (c) 3 months

Rule 32, counted from receiving the order. 6 months is the memorial limit.