Banking and Insurance MCQs

M

Mr. Dubey • 51.17K Points
Coach

Q 1. Crop insurance covers the risks of

(A) Natural fire
(B) Storm
(C) Drought
(D) All of these
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M

Mr. Dubey • 51.17K Points
Coach

Q 2. Property insurance may not include

(A) Burglary
(B) Fidelity
(C) Insolvency
(D) Sickness
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M

Mr. Dubey • 51.17K Points
Coach

Q 3. Fire insurance came into existence after the Great Fire of London in

(A) 1666
(B) 1866
(C) 1686
(D) 1687
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M

Mr. Dubey • 51.17K Points
Coach

Q 4. A marine insurance is a contract of

(A) Increment
(B) Indemnity
(C) Maturity
(D) None
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M

Mr. Dubey • 51.17K Points
Coach

Q 5. Freight insurance is under

(A) Life insurance
(B) Marine insurance
(C) Fire insurance
(D) Other miscellaneous insurance
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M

Mr. Dubey • 51.17K Points
Coach

Q 6. Hull insurance is a type of

(A) Motor insurance
(B) Fire insurance
(C) Marine insurance
(D) Miscellaneous insurance
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M

Mr. Dubey • 51.17K Points
Coach

Q 7. Marine insurance may cover loss or damage to the

(A) Ship
(B) Cargo
(C) Any other subject of Marine adventure
(D) All of these
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M

Mr. Dubey • 51.17K Points
Coach

Q 8. Motor insurance provides insurance cover to

(A) Private Vehicles
(B) Commercial Vehicles
(C) Motorcycles
(D) All of these
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M

Mr. Dubey • 51.17K Points
Coach

Q 9. When a banker collects cheques, dividend warrants, bills or other services on behalf of the customer, the banker the banker acts as an__________

(A) Principal
(B) Agent
(C) Bailor
(D) Bailee
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M

Mr. Dubey • 51.17K Points
Coach

Q 10. Marine insurance may cover loss or damage to the ________

(A) Ship
(B) Cargo
(C) Any other subject of Marine adventure
(D) All of these
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