Insurance Questions daily proved very useful to all Insurance aspirants or insurance savvy who regularly seek insurance knowledge.
These 20 Insurance GK MCQs are all about Engineering and Project insurance policies.
Questions related to Fire and Special perils policy, Engineering Insurance, Aviation Insurance of General Insurance.
Basically appropriate selection between these policies depends on percentage of civil work in comparison of Plant and machinery work. In case there are more civil work then Contractor’s All Risk(CAR) policy and in case of there are more of Plant and Machinery work then Erection All Risk(EAR) will be more suitable and suggested.
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Q-1- Warsaw convention was held in __________.
- 1919
- 1925
- 1929
- 1933
Option-3 1929
Q-2- Rome convention was held in ________.
- 1919
- 1925
- 1929
- 1933
Option-4 1933
Q-3- Rome convention was held with an objective of
- defining liability of Air carrier
- bodily injury/death of passengers and loss of or damage to baggage and/or cargo during international carriage.
- fitness of the aircraft, registration of air craft, Certificate of airworthiness
- introduce a uniform law for bodily injured persons and property damage on ground
Option-4 Rome convention was held with an objective of introduce a uniform law for bodily injured persons and property damage on ground.
Q-4- Formation of United States Aviation Insurance Group, which was followed by Associated Aviation Underwriters in ________.
- 1919
- 1925
- 1928
- 1933
Option-3 1928
Q-5- First commercial Jet flight by BOAC in ________ between ________ and _________(Comet – I)
- 1955; London and Chicago
- 1953; London and Ottawa
- 1954; London and New York
- 1952; London and Johannesburg
Option-4 First commercial Jet flight by BOAC in 1952 between London and Johannesburg(Comet – I)
Q-6- In early days, Aviation Insurance was dealt with ________________
- Fire Department
- Marine Department
- Accident Department
- 2 and 3 above
Option-4 Marine and Accident Department
Q-7- Who is considered as pioneer of Aviation in India?
- C.K. Birla
- J.R.D. Tata
- Dhirubhai Ambani
- None of above
Option-2 J.R.D.Tata is considered as pioneer of Aviation in India.
Q-8- WRIGHT Brothers of America – The real pioneers- Covered
- 120 ft. in 12 seconds
- 120 ft. in 12 seconds
- 120 ft. in 12 seconds
- 120 ft. in 12 seconds
Option-1 Marine-cum-Erection Policy
Q-9- Common utilities outside the premises can be
- Rated per se
- Insured separately
- Highest rate to apply
- Rated as per the main risk
Option-1 Rated per se
Q-10- Subsidence and landslide loss covers
- Defective design
- Coastal and River Erosion
- Visible physical damage to property
- Demolition by government authority
Option-3 Visible physical damage to property