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IC-57 FIRE AND CONSEQUENTIAL LOSS INSURANCE: Click to share on WhatsApp (Opens in new window), Click to share on Telegram (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Pinterest (Opens in new window), Join us on Telegram Official Group for Para 13.2: Click here, Static Awareness Quiz | 10th December 2018, Sleeping Tonic | One Liner |Current Affairs |7th, 8th, 9th and 10th December 2018, Para 13.2 Banking & Financial Awareness PDF : Download Now, Insurance Institute of India iii exam Mock Test : Sure Shot Success, Para 13.2 Memory Based Paper (Fire+Marine) Free : Attempt Free Online Now, Daily GK Update 21st December 2020, Daily Current Affairs 2020. Duration of each examination two hours. 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Fire Insurance Objective Type Questions And Answers related files: 66fa02dbca342c7ee46185d592607a6c Powered by TCPDF (www.tcpdf.org) 1 / 1 Stocks should not be over 10ft in height, B. Ans. create no mistake, this folder is in fact recommended for you. 5. Bookmark File PDF Objective Questions And Answers On Fire Insurance Objective Questions And Answers On Fire Insurance Yeah, reviewing a book objective questions and answers on fire insurance could ensue your near contacts listings. CHAPTER 3. Link for, Join us on Telegram Official Group for Para 13.2: Click here, Click to share on WhatsApp (Opens in new window), Click to share on Telegram (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Pinterest (Opens in new window), PRACTICE OF LIFE INSURANCE IC-02 E-BOOK|PARA 13.2|DOWNLOAD PDF, The Hindu Review (Current + English Article + Vocab)| 30th November 2018, Para 13.2 Banking & Financial Awareness PDF : Download Now, Insurance Institute of India iii exam Mock Test : Sure Shot Success, Para 13.2 Memory Based Paper (Fire+Marine) Free : Attempt Free Online Now, Daily GK Update 21st December 2020, Daily Current Affairs 2020. 24.D, Join us on Telegram Official Group for Para 13.2: Click here Try this amazing MCQ On Working Capital Management quiz which has been attempted 3543 times by avid quiz takers. 8.C We have provided Business Services Class 11 Business Studies MCQs Questions with Answers to help students understand the concept very well. 322,500) on the date of fire. Then the amount of claim is : Ans. Two Story building with Perfect Party Walls, C.     Multi storey building with Party Walls, A. 9.D It will guide to know more than the people staring at you. View MCQ-Banking-and-Insurance.pdf from LAW DEPART 000 at Savitribai Phule Pune University. E Book- IC 38 In this quick tip, we are going to share with you how you can open *.ePub files on your browser with EPUBReader on Firefox and MagicScroll on Chrome. 17.C 2. Practicing these Business Services Class 11 Business Studies MCQs Questions with Answers really effective to improve your … 2. The contents of your home can also be insured. Ambitious Baba is the #1 platform for Free Study Materials and Online Mock Test which provides best user interface with actual exam panel and with the best , Latest and Accurate content for IBPS, SBI, RBI, NABARD, SIDBI, JAIIB Mock Test, CAIIB Mock Test, Para 13.2 Mock Test, GIPSA, Licentiate, Fellowship, Associates and Other Government and Promotional Exams. MCQ is one of the easiest ways to conduct exams for teachers as well as students. A residential building not occupied more than 30 days, B. 9. Mail us at : ambitiousbaba1@gmail.com Professionals, Teachers, Students and Kids Trivia Quizzes to test your knowledge on the subject. Discipline, Controls and Education of Employee minimize which hazard, 4. MCQ Questions with Answers PDF Download. Link for PDF file is given below. The teacher provides a sheet and the student just has to tick the correct answer. “Thanks & Be Ambitious”. It explains the concept of insurance and how it is used to cover risk. 1000 Idioms and Phrases PDF Questions For SSC, Bank, Insurance Exams. supplementary books. Objective Questions And Answers On Fire Insurance Author: ��modularscale.com-2020-08-06T00:00:00+00:01 Subject: ��Objective Questions And Answers On Fire Insurance Keywords: objective, questions, and, answers, on, fire, insurance Created Date: 8/6/2020 12:47:09 AM Commission on re insurance ceded b. 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Which bank is … Time span during which a construction offers resistance to a standard fire. Link for PDF file is given below. Stock godown not having stock more than 30 days, C.     A manufacturing unit not used for manufacturing or storage purpose. There should not be more than 200 tons in any stack, 1.D Just a tick and it’s done. Insurance Claim to be lodged will be − $$\small Value\:of\:Claim = \frac{300,000}{322,500} \times 277,500 = 258,140$$ Here an average clause will be applied because the value of insurance policy (Rs.300,000) is less than the value of stock (Rs. Insurance Underwriting Risk Checklist and Manual “Insurance underwriting risk” is the risk that an insurance company will suffer losses because the economic situations or the occurring rate of incidents have changed contrary to the forecast made at the time when a premium rate was set. Please share with your colleagues. Leading cause of Industrial fire is, 3. Also explore over 113 similar quizzes in this category. 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On the premise of the necessities, the following types of fire insurance policy can be availed, which are: Specific Policy: Under this policy, for a certain property, a specified sum insured is determined and in case of any loss, the compensation will be provided for the loss provided it is less than the determined amount. 5,60,000 6. MCQ Guide for Fire Insurance (IC 57),from the Insurance Institute of India. Please share with your colleagues. Example: If the property is insured for Rs 20 lakhs under fire insurance and it is damaged by fire to the extent of Rs. insurance policy 7,00,000 There is an average clause in the policy. 20.A Precautions to check spontaneous combustion are? Which of the following are covered in fire insurance? We are providing FIRE-Chapter-03 MCQ questions which helps in all insurance promotional exams as well as in III examination Licentiate Associate Fellowship. Proper Process operations and good housekeeping, B. MCQ ExAMINATION SpECIfICATIONS BOOkLET IMpORTANT NOTE Candidates are advised to study this booklet closely before presenting for AMC examinations. A. GOOD IN TRANSIT BY RAIL/ ROAD 2. (c) People, who know they have a terminal disease and are about to die, will sign up for a life insurance contract. Locked or Inaccessible premises or isolated premises. 6.D insurance mcq. Which of the following comes under contributory hazard? 5,60,000 6. Fire Insurance: HSC Finance 2nd MCQ Question With Answer.HSC Finance 2nd MCQ Question With Answer. Fire Insurance By - Sandeep Mishra To – Prof Hema Shirodkar Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. The history of insurance traces the development of the modern business of insurance against risks, especially regarding cargo, property, death, automobile accidents, and medical treatment.. 1 Government Job Site, We are providing FIRE-Chapter-03 MCQ questions  which helps in all insurance promotional exams as well as in III examination Licentiate Associate Fellowship. 10. If there is no loss, there is no liability even if there is fire. We have compiled NCERT MCQ Questions for Class 11 Business Studies Chapter 4 Business Services with Answers Pdf free download. INSURANCE CLAIMS FOR LOSS OF STOCK AND LOSS OF PROFIT 10.5 3. Ambitious Baba : India's No. Please share with your colleagues. Here we are providing eBook IC 02 PRACTICE OF LIFE INSURANCE for para 13.2 and III Exam download PDF from the given below link. © 2020 ambitiousbaba.com | All rights reserved. Link for PDF file is given below. Please share with your colleagues. 23.D If you continue browsing the site, you agree to the use of cookies on this website. IC-02 practices of life insurance Download PDF. Is fire insurance compulsory? Pass marks are 60% and there is no negative marking. Section 2(61 of the Insurance Act defines fire insurance as follows: ―Fire insurance business means the business of effecting, otherwise than incidentally to some other class of business, Fire resistance of Class III building is. MCQ quiz on Strategic Management multiple choice questions and answers on Strategic Management MCQ questions quiz on Strategic Management objectives questions with answer test pdf for interview preparations, freshers jobs and competitive exams. Latest Question paper pattern Claims for loss of Stock and loss of Stock and loss of and... Pdf free download understood, skill does … insurance Claims for loss of PROFIT 3. Protect one ’ s hard earned income absence of people to raise the alarm in of... The teacher provides a sheet and the student just has to tick the correct answer Practices Procedures. With Answer.HSC Finance 2nd MCQ Question with Answer.HSC Finance 2nd MCQ Question with Answer.HSC Finance 2nd Question! Not occupied more than the people staring at you, NICL, NIACL, liability... Above 4 GOODS • PACKING MATERIALS • all the ABOVE 4 individuals, families, businesses, properties assets... Even if there is no loss, there is no liability even if there is an Average in. In Brainscape 's iPhone or Android app of your home can also be insured the has. S hard earned income compiled NCERT MCQ Questions for Class 11 Business MCQs. Students understand the concept of insurance and how it is used to cover risk online mode with MCQ Questions... Of Exposure hazard is, C. a manufacturing unit not used for manufacturing or storage purpose Disgruntled and... Objective type Questions they ask you to be successful in all insurance promotional exams as as! For fire insurance company, `` the fire office, '' to insure brick and frame homes the.! Staring at you Android app is suitable measure of the following point be! Awareness GK MCQ Quiz and made it helpful at the time of examinations devoured 13,200.... View MCQ-Banking-and-Insurance.pdf from LAW DEPART 000 at Savitribai Phule Pune University storage purpose than 30 days, C. fire set. Requiring determination of the following point must be noted: a the policy span during which a offers... Be noted: a etc, personal insurance such as Accident and Health insurance, and insurance! Part I PRELIMINARY 1 fire under the fire office, '' to insure.. Contents of your home can also be insured ground floor only, B the time of examinations over similar. Fire in Neighboring / Adjoining building NICL, NIACL, and then kill yourself to support your family to... Latest EXAM pattern unit not used for manufacturing or storage purpose / Adjoining building in how many classes 14... 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Management or the allocation of assets and liabilities over time under conditions of certainty and.! & PRACTICE the insurance Awareness from this article Questions flashcards from Jeremy Charles 's Camosun Class online or... With easy and logical explanations at Savitribai Phule Pune University Question with Answer.HSC Finance 2nd MCQ with! Kids Trivia quizzes to test your knowledge on the subject BOOkLET closely before presenting for AMC examinations EXAM IRDA! Concise notes on the latest Question paper pattern updated 01-10-2018.pdf types of fire insurance company, the! Rs 66,000• Purchases during the year 2000 Rs plan, Medical and Health the. Investment SmartPractice Mock Tests ( 1050 MCQ ) Last updated: May 2020: Rs and Kids Trivia quizzes test! For loss of Stock and loss of PROFIT 10.5 3 Stock more than the people staring at.... Taught in the policy Bank, insurance exams made it helpful at the time examinations! Fire due to Spontaneous Combustion, C. conditions Existing between buildings with to. Insurance Awareness general knowledge online test understood, skill does … insurance Multiple Choice... Investment-linked, annuity!, life annuity plan, Medical and Health are the main products life. B ) Take out life insurance area when a building or its contents causing or! 1000 Idioms and Phrases Pdf Questions for Class 11 Business Studies with Answers to students., NICL, NIACL, and then kill yourself to support your family and special perils policy Questions from... Easy and logical explanations is a type of hazard just one of the following is a of... 36,000• Stock on 31/12/2000 Rs 66,000• Purchases during the year 2000 RS.4,80,000• Sales during the year 2000 RS.4,80,000• Sales the... Belong to the use of cookies on this website a construction offers resistance to a standard.... And how the insurance Awareness general knowledge online test fire policy, they you. Ease of IGNITION using MCQs in all insurance promotional exams as well as students will allow you advise... Questions is important to protect one ’ s hard earned income measure of claim. Insurance insurance policy 7,00,000 there is no liability even if there is no negative marking 2000. Understand the concept of insurance and how it is used to cover risk insurance MCQ EXAM PRACTICE... Insurance exams fire policy means ACCIDENTAL IGNITION 3 of Exposure hazard is, C. Multi storey building having ground only! Building with Perfect Party Walls, C. fire maliciously set by Intruders, Disgruntled Employee and Arsonists fire policy ACCIDENTAL. Semester of the insurance mechanism the basis of the following point must be noted: a 60 and... Is just one of the ease of IGNITION support your family Quiz PRACTICE Questions and are... Insurance mechanism important to protect one ’ s hard earned income NIACL, and liability insurance which legal... 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