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0
votes
Crop insurance covers the risks of __________.
answered
Oct 4, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-business
crop-insurance
fire-insurance
storm
drought
+1
vote
Crop insurance scheme came into existence in India in ________.
answered
Oct 4, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-business
crop-insurance
lic-of-india
insurance-scheme
+1
vote
_________ is known as Rashtriya Krishi Bima Yojana.
answered
Oct 4, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-business
rashtriya-krishi-bima-yojana
crop-insurance
property-insurance
hut-insurance
+1
vote
Property Insurance may not include ___________.
answered
Oct 4, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-business
property-insurance
burglary-insurance
fidelity-guarantee-policies
insolvency
+1
vote
________ means the transfer of all the rights and remedies available to the insured in respect of the subject matter to
answered
Oct 4, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-business
insurer
subrogation
indemnity
contribution
+1
vote
__________ Insurance is a contract to provide a measure of financial support to farmers in the event of a crop failure
answered
Oct 4, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-business
crop-insurance
fire-insurance
burglary-insurance
contract-in-insurance
+1
vote
________ insurance means an alternative to purchasing insurance in a commercial market.
answered
Oct 4, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-business
double-insurance
reinsurance
insurance-policy
+1
vote
From the following, which is not a non-proportional form of reinsurance?
answered
Oct 2, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-priniciple
insurance-business
reinsurance
treaty-method
quota-method
+1
vote
The proportion of the risk which the direct insurer holds on his own account is called
answered
Oct 2, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-priniciple
insurance-business
direct-insured
cession
retention
0
votes
General Insurance policies are issued for a period of
answered
Oct 2, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-priniciple
insurance-business
general-insurance
policy-holder
0
votes
From the following, which is not a content of the letter of intimation?
answered
Oct 2, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-priniciple
insurance-business
intimation-letter
accidental-death
death-insurance
0
votes
________ policy is taken to cover different risks for a single shipment.
answered
Oct 2, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-priniciple
insurance-business
insurance-policy
single-shipment
0
votes
_______ means the act of throwing a part of the cargo over board lighten the ship in emergencies.
answered
Oct 2, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-priniciple
insurance-business
marine-insurance
barratry
jettison
0
votes
Fire insurance came into existence after the Great Fire of the London in ___________.
answered
Oct 2, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-priniciple
insurance-business
fire-insurance
london-great-fire
0
votes
A Valuable Policy is just opposite to the ________.
answered
Oct 2, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-priniciple
insurance-business
value-policy
valued-policy
0
votes
________ Policy covers both fixed and current assets of insured manufactures.
answered
Oct 2, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-priniciple
insurance-business
insurance-policy
direct-insured
penalty-assessments
0
votes
_________ is a contract between two insures i.e. original insurer and another insurer.
answered
Oct 2, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-priniciple
insurance-business
contract-in-insurance
insurer
insurance-policy
0
votes
Reinsurance can be called as __________.
answered
Oct 2, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-priniciple
insurance-business
reinsurance
insurance-policy
0
votes
_______ involves proportionate sharing of the insurance among more than one insurer.
answered
Oct 2, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-priniciple
insurance-business
insurance-policy
co-insurance
0
votes
________ means insuring again.
answered
Oct 2, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-priniciple
insurance-business
insurance-policy
general-insurance
co-insurance
0
votes
When the amount for which a subject matter is insured is more than its actual value, it is called _________.
answered
Oct 2, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-priniciple
insurance-business
reinsurance
double-insurance
insurance-company
0
votes
__________ means insuring a risk with two or more insurers and the total sum insured also exceeds the actual value
answered
Oct 2, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-priniciple
insurance-business
insurance-policy
general-insurance
single-premium-policy
+1
vote
Re-insurer is the insurer who grants a guarantee from the ________.
answered
Oct 2, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-priniciple
insurance-business
insurer
direct-insured
underwriter
+1
vote
___________ Policy is issued to cover the risks involved when the ship is anchored in the post.
answered
Oct 2, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-priniciple
insurance-business
insurance-policy
cargo
0
votes
Expanded form of PPL policy is ___________.
answered
Oct 2, 2021
in
Finance
finance
finance-quiz
insurance
insurance-quiz
insurance-priniciple
insurance-business
ppl-policy
insurable-interest
insurance-policy
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