IRDA General Insurance IC-34 Exam Paper

[Arun Vats]

Will you please provide the Paper of IRDA General Insurance IC-34 Exam ?

Here is the list of few questions of IRDA General Insurance IC-34 Exam which you are looking for .
1 Which of the following is not insured under Standard Fire & Special perils policy
Goods in factories
Goods in open
Goods in transit by rail/road
Goods in godowns

2 Under Overseas Medical Policy(loss of checked baggage) for which of the following items claim is NOT paid
binoculars
sunglasses
antiques
All the above

3 Under Money insurance which of these statements is correct. Estimated amount of cash in transit during the policy period 1. is the maximum amount payable for any one loss 2. is the amount on which the premium is collected
1 is correct
2 is correct
Both are correct
Neither is correct

4 Which of the following risks is excluded under Television insurance policy
Lightning
Riot & Strike
Theft
None of the above

5 Which of the following provide Social Security
Crop Insurance Scheme(RKBY)
Janata Personal Accident
Jan Arogya
All the above

6 Insured's Declared Value of obsolete vehicles is to be determined by
the surveyor
the insured
the insurer
the insured and the insurer

7 The legal right to insure means
consideration as per Indian Contract Act
competence as per Indian Contract Act
assignment
insurable interest

8 Subject to no claim, cost of medical checkup once in every ..underwriting years is payable under Mediclaim policy
2
3
4
5

9 An appeal against the order of the National Commission can be made within a period of ..days from the date of order
30
45
60
90

10 As per General Insurance Business (Nationalisation)Amendment Act 2002,General Insurance Corporation of India shall carry on
reinsurance business only
overseas reinsurance business only
aviation insurance business only
administration of motor third party insurance pool only

11 Which of the following risks is excluded under cattle policy
earthquake
Flood
Riot & strike
Theft

12 Which of the following is covered under Institute Cargo Clauses ©
fire
explosion
derailment of land conveyance
All the above

13 Escalation clause added to the fire policy allows automatic regular increase not exceeding ..% in sum insured throughout the period of the policy
5
10
25
50

14 Which of the following property is covered under the fire policy if expressly stated in the policy
books of account
business books
computer system records
all the above

15 Which of the following perils is NOT covered under Standard Fire and Special perils policy
Flood
Subsidence
Bush fire
Forest fire

16 AS per the Insurance Act, 1938(as amended)an insurer has to obtain a report from a licensed surveyor if the loss equals or exceeds
Rs.15000
Rs.20000
Rs. 25000
Rs.50000

17 Which of the following is NOT payable under Burglary(Business Premises) policy
Theft by employees
Theft by customers
Theft by visitors
All the above

18 An insured cannot recover than his actual loss because of
under-insurance
excess clause
principle of indemnity
franchise clause

19 Under which of the following circumstances reinstatement basis of settlement will NOT apply under Fire reinstatement value policy
insured fails to intimate to the insurer within 6 months or any extended time to replace the damaged property
insured is unable to replace the damaged property
insured is unwilling to replace the damaged property
All the above three

20 In which of the following policies the principle of indemnity is modified
Fire declaration policy
Fire floating policy
Fire Reinstatement policy
Fire loss of profits policy

21 Which of the following is NOT required in the Mediclaim Proposal form
Past diseases and details of treatment
Average monthly income
Income Tax PAN
All the above are required

22 Under which of the following Fidelity Guarantee policies,'per capita' additional premium is charged
collective
floating
positions
blanket

23 Which of the following statements is correct according to law--1.The parties to a commercial contract have to observe good faith 2.The parties to an insurance contract have to observe utmost good faith
1 is correct
2 is correct
Both are correct
Both are incorrect

24 Which of the following statements is true--1.Marine Cargo policies are valued policies 2.Marine hull policies are valued policies
1 is true
2 is true
Both are false
Both are true

25 Under Personal Accident cover for Owner-driver the capital sum insured for commercial vehicles is
Rs.50,000
Rs.1,00,000
Rs.2,00,000
Rs.3,00,000

26 Which of the following is true as per the Arbitration condition in fire and most miscellaneous policies 1. All differences in respect of a claim are to be referred to aribitration 2. Differences regarding amount of claim only to be paid are to be referre
1 is true
2 is true
Both are true
Both are false

27 If group P.A. policy cover is required when the employee is not at work and /or not on official duty i.e."off-duty"cover, the reduced premium of ..% of the normal premium is charged
40
50
60
75

28 Sum insured under an insurance policy means
it is agreed value of subject matter insured
the amount payable when there is a loss
the amount on which the premium is calculated
the maximum limit of liability under the policy

29 Which of the following is not a function of a direct broker as per IRDA Regulations
advise clients on appropriate cover and terms
submit insurers premium quotation to client
pay premium to insurers on behalf of client
assist in negotiation of claims

30 If there is no insurable interest the insurance contract becomes
unenforceable in a Court of Law
illegal
void
voidable

Originally Posted by Arun Vats

Here is the list of few questions of IRDA General Insurance IC-34 Exam which you are looking for .
1 Which of the following is not insured under Standard Fire & Special perils policy
Goods in factories
Goods in open
Goods in transit by rail/road
Goods in godowns

2 Under Overseas Medical Policy(loss of checked baggage) for which of the following items claim is NOT paid
binoculars
sunglasses
antiques
All the above

3 Under Money insurance which of these statements is correct. Estimated amount of cash in transit during the policy period 1. is the maximum amount payable for any one loss 2. is the amount on which the premium is collected
1 is correct
2 is correct
Both are correct
Neither is correct

4 Which of the following risks is excluded under Television insurance policy
Lightning
Riot & Strike
Theft
None of the above

5 Which of the following provide Social Security
Crop Insurance Scheme(RKBY)
Janata Personal Accident
Jan Arogya
All the above

6 Insured's Declared Value of obsolete vehicles is to be determined by
the surveyor
the insured
the insurer
the insured and the insurer

7 The legal right to insure means
consideration as per Indian Contract Act
competence as per Indian Contract Act
assignment
insurable interest

8 Subject to no claim, cost of medical checkup once in every ..underwriting years is payable under Mediclaim policy
2
3
4
5

9 An appeal against the order of the National Commission can be made within a period of ..days from the date of order
30
45
60
90

10 As per General Insurance Business (Nationalisation)Amendment Act 2002,General Insurance Corporation of India shall carry on
reinsurance business only
overseas reinsurance business only
aviation insurance business only
administration of motor third party insurance pool only

11 Which of the following risks is excluded under cattle policy
earthquake
Flood
Riot & strike
Theft

12 Which of the following is covered under Institute Cargo Clauses ©
fire
explosion
derailment of land conveyance
All the above

13 Escalation clause added to the fire policy allows automatic regular increase not exceeding ..% in sum insured throughout the period of the policy
5
10
25
50

14 Which of the following property is covered under the fire policy if expressly stated in the policy
books of account
business books
computer system records
all the above

15 Which of the following perils is NOT covered under Standard Fire and Special perils policy
Flood
Subsidence
Bush fire
Forest fire

16 AS per the Insurance Act, 1938(as amended)an insurer has to obtain a report from a licensed surveyor if the loss equals or exceeds
Rs.15000
Rs.20000
Rs. 25000
Rs.50000

17 Which of the following is NOT payable under Burglary(Business Premises) policy
Theft by employees
Theft by customers
Theft by visitors
All the above

18 An insured cannot recover than his actual loss because of
under-insurance
excess clause
principle of indemnity
franchise clause

19 Under which of the following circumstances reinstatement basis of settlement will NOT apply under Fire reinstatement value policy
insured fails to intimate to the insurer within 6 months or any extended time to replace the damaged property
insured is unable to replace the damaged property
insured is unwilling to replace the damaged property
All the above three

20 In which of the following policies the principle of indemnity is modified
Fire declaration policy
Fire floating policy
Fire Reinstatement policy
Fire loss of profits policy

21 Which of the following is NOT required in the Mediclaim Proposal form
Past diseases and details of treatment
Average monthly income
Income Tax PAN
All the above are required

22 Under which of the following Fidelity Guarantee policies,'per capita' additional premium is charged
collective
floating
positions
blanket

23 Which of the following statements is correct according to law--1.The parties to a commercial contract have to observe good faith 2.The parties to an insurance contract have to observe utmost good faith
1 is correct
2 is correct
Both are correct
Both are incorrect

24 Which of the following statements is true--1.Marine Cargo policies are valued policies 2.Marine hull policies are valued policies
1 is true
2 is true
Both are false
Both are true

25 Under Personal Accident cover for Owner-driver the capital sum insured for commercial vehicles is
Rs.50,000
Rs.1,00,000
Rs.2,00,000
Rs.3,00,000

26 Which of the following is true as per the Arbitration condition in fire and most miscellaneous policies 1. All differences in respect of a claim are to be referred to aribitration 2. Differences regarding amount of claim only to be paid are to be referre
1 is true
2 is true
Both are true
Both are false

27 If group P.A. policy cover is required when the employee is not at work and /or not on official duty i.e."off-duty"cover, the reduced premium of ..% of the normal premium is charged
40
50
60
75

28 Sum insured under an insurance policy means
it is agreed value of subject matter insured
the amount payable when there is a loss
the amount on which the premium is calculated
the maximum limit of liability under the policy

29 Which of the following is not a function of a direct broker as per IRDA Regulations
advise clients on appropriate cover and terms
submit insurers premium quotation to client
pay premium to insurers on behalf of client
assist in negotiation of claims

30 If there is no insurable interest the insurance contract becomes
unenforceable in a Court of Law
illegal
void
voidable

Can you send the answers for these also ?

Originally Posted by Unregistered

Will you please provide the Paper of IRDA General Insurance IC-34 Exam ?

and oblige please as I am going to appear in the exam shortely. please help

hi
pls send IRDA GENERAL INSURANCE IC 34 EXAM PAPER LAST 5 EXAM PAPER .

PLS SEND TO MY MAIL ID.THANK U

I want answers of all above mentioned question

Future generally insurance question paper sample

please kindly help me some of question papper irda

give me ans Re: IRDA General Insurance IC-34 Exam Paper
Re: IRDA General Insurance IC-34 Exam Paper

IC-34 question and answer pls sent

Can you provide me the Syllabus for ATI - General Insurance Post in IRDA (Insurance Regulatory and Development Authority) as I need it for preparation of the exam?