Group C:

Shri S. Sen
Shri H.K. Bahl
Shri D. Singh
Shri A. Neogi
Ms. Subramaniam
Fire/Engineering
1. Fire policy contains the following number of conitions
a. 1!
b. 1"
c. 15
. 1#
$. As per A%F& how many earth'ua(e )ones are a*ailable
a. !
b. 4
c. +
. #
!. Subsience an lanslie co*ers
a. ,oastal an -i*er .rosion
b. Visible Physical damage to property
c. Defecti*e esign
. Demolition by go*ernment authority
". /oss or amage to property cause by sprin(ler lea(age is co*ere uner
a. Heat ue to fire
b. Leakages due to repair or alteration to the building or premises
c. /oss or amage to property cause by sprin(ler installation
. Sprin(ler installation by either repaire0 or remo*e or e1tene.
+. How many categories are a*ailable uner Spontaneous ,ombustion ,o*er2
a. !
b. 4
c. +
. #
#. 3hich of the following ris(s not consiere as a on co*er
a. Spontaneous ,ombustion
b. Lightning
c. .arth'ua(e
. Start up e1penses
4. 3hat is spontaneous ,ombustion
a. ,harring ue to self heating
b. Sprea of Fire
c. ,hange of colour or eterioration of 'uality ue to self heat
d. Loss of damage and fire caused by own fermentation or due to nature
heating
5. -einstatement 6alue policy can be issue for
a. Stoc( in process
b. Building
c. Stoc( in goown
. None of abo*e
7. Stanar Fire 8olicy ,o*ers
a. /oss ue to e1plosion of boiler
b. Loss due to explosion of domestic boiler
c. 9a: an 9b:
. None of abo*e
1;. &errorism ,o*er uner fire policy can be grante upto
a. -s.$;; ,rore
b. -s.!;; ,rore
c. s.5!! "rore
. -s.#;; ,rore
11. Burning cost is calculate for
a. Assessing the amount of loss
b. #etermining the rating only
c. For etermining any insurance
. ,ost of burning the property
1$. Staning charges o not inclue
a. Depreciation
b. Salaries Staff
c. %nterest
d. "ost of aw $aterial
1!. /oss of profit co*ers
a. &hir 8arty claim
b. /oss of goowill
c. Loss of %ross Profit
. Fines an penalties payable for elaye fulfillment or cancellation of
sales<ser*ice contract
Engineering
1. .ngineering policy issue uring construction phase is
a. Machinery %nsurance 8olicy
b. Boiler an 8ressure 8lant 8olicy
c. &rection 'll risk Policy
. ,ontractors= 8lant0 Machinery an .'uipment 8olicy
$. Sum %nsure uner .ngineering 8olicy is
a. Depreciate *alue of machinery
b. Mar(et *alue of machinery
c. "ost of replacement (alue of machinery
. None of abo*e
!. Boiler an 8ressure 8lant 8olicy co*ers
a. .1plosion of boiler
b. %mplosion of boiler
c. Surrouning 8roperty
d. 'll of abo(e
". -usting amage is co*ere uner
a. Mar(eting %nsurance
b. .rection %nsurance
c. Boiler an 8ressure 8lant %nsurance
d. )one of abo(e
+. Aesthetic amage is co*ere uner which of the following policies
a. Machinery %nsurance 8olicy
b. .lectronic .'uipment 8olicy
c. ,ontractors 8lant0 Machinery an .'uipment 8olicy
d. )one of abo(e
#. ,alculation of M/>8 rating oes not epen on the following factors
a. -elati*e %mportance
b. Spare capacity
c. %nemnity perio
d. Location
4. >bligatory session to ?%, is
a. !;@
b. *!+
c. 1+@
. 1;@
FIRE / ENGINEERING
1. A fire unerwriter will least li(ely consier which u<w factor
a. ,onstruction of builing
b. >ccupation of builing
c. Age of builing
d. 'pproach road to the building
$. &he peril of Afire= in a fire policy oes not inclue amage cause by
a. .arth'ua(e following fire
b. ,nly smoke damage
c. Damage cause by use of water to e1tinguish fire
. &heft< robbery following fire
!. 3orlwie which was the earliest class of property insurance to be
unerwritten
a. $arine "argo -nsurance
b. Fire %nsurance
c. /iability %nsurance
. Marine Hull %nsurance
". 3orlwie which was the first class of property insure uner fire insurance
a. esidential buildings
b. Factories
c. 8orts
. Small Scale %nustries
+. Fire loss of 8rofit B 8olicy co*ers
a. )et profit . /tanding "harges
b. ?ross 8rofit B 6ariable charges
c. Net profit C 6ariable charges
. ,ross profit C *ariable charges
#. Fire 8olicy e1clusions o not mention
a. 0ire damage due to spontaneous combustion
b. Fire amage ue to war0 ci*il war etc.
c. Fire amage to nuclear stri(e etc.
. Fire amage ue to riot0 stri(e etc.
4. &he subDect matter of Fire %nsurance nees to be clearly specifie so that
a. &here is no ambiguity in the subDect matter of insurance
b. ates are correctly charged
c. .1clusions of policy are applicable
. None of abo*e
Fire & Engineering
1. .arth'ua(e co*er in fire policy is
a. %t is manatory at the time of ta(ing the policy
b. &here is no scope of earth'ua(e co*erage
c. 1his is an additional co(erage with addition premium
. &his is an inbuilt co*er without any premium
$. %n fire policy
a. &heft of the insure materials are co*ere without any premium
b. &heft of insure material is co*ere with aition premium
c. &heft is not at all co*ere
d. )one of the abo(e
!. %n fire policy0 the premium is charge on the basis of
a. -aw materials
b. %eographical situation of the factory
c. Finishe goos
. &rae name of the company
". %n fire policy there is
a. No arbitration clause
b. 'rbitration clause is there
c. Arbitration clause may be impose with aitional premium
. None of the abo*e
+. %n fire policy
a. 1here is a scope of floater policy
b. &here is no scope of floating policy
c. Floating policy is manatory
. None of the abo*e
#. ,A- 9,ontractors All -is(: 8olicy is meant for
a. Marine cum erection
b. "i(il works
c. ,arrying material in a goo carrying *ehicle only
. /iability of eath E boily inDure to the wor(ers only
4. %n M,. policy0 uring the time policy perio if the wor(s ha*e not been
couple there is
a. /cope of extension of policy
b. N> scope of e1tension of policy
c. &he policy is issue for an inefinite perio
. None of the abo*e
5. %N M,. policy
a. /oss or amage ue to floo is not co*ere
b. Loss damage due to flood is co(ered
c. /oss ue to floo is co*ere if the loss is below $;@ of sum assure
. None of the abo*e
7. %n M,. policy
a. &here is no conition of a*erage clause
b. 1here is condition of a(erage clause
c. ,onition of a*erage clause is applicable if aitional of premium is gi*en
at the time of acceptance
. None of the abo*e
1;. %n Fire eclaration 8olicy0 the premium is refune
a. >n the basis of calculation of premium or eclare *alue
b. efund of premium shall not exceed 5!+ of 1otal premium
c. &here is no scope of refun of premium
. -efun of premium is mae if there is no claim