Spot Vehicle Insurance Test For Jre/Re
.
- 1.Spot Vehicle Due date Register must contain ?
- A.
Name of Customer, Mobile No., Vehicle Insurance Due date
- B.
Type of Vehicle, Owner’s address, color of vehicle.
- C.
Owner’s license details, owner’s address, owner’s PAN Card details.
- D.
Previous Spot Vehicle Insurance copy, last premium paid, owner’s mobile no.
- 2.PMS Score for Vehicle Insurance is ?
- A.
5
- B.
10
- C.
25
- D.
NIL
- 3.How many photographs are required for processing 4W ‘break in’ policy renewal ?
- A.
8
- B.
2
- C.
6
- D.
4
- 4.What is the full form of IDV ?
- A.
Insured Declared Value
- B.
Insured deferred value
- C.
Insured direct value
- D.
Insured dormant value
- 5.What is the full form of NCB ?
- A.
No Claim Bonus
- B.
Nil Claim Bonus
- C.
Non certified bonus
- D.
Never Claim Bonus
- 6.What is the current maximum NCB value ?
- A.
50%
- B.
60%
- C.
70%
- D.
25%
- 7.What is the %age of general depreciation in IDV on yearly basis ?
- A.
10%
- B.
20%
- C.
5%
- D.
50%
- 8.NCB belongs to ?
- A.
Car owner
- B.
Car
- C.
Insurance Company
- D.
Car Manufacturer
- 9.Name the set of Insurance companies currently associated with us ?
- A.
SBI General, New India, TATA AIG, Future Generalli, Shriram, Magma
- B.
SBI General, United India, TATA AIG, Future Generalli, Shriram, Magma
- C.
SBI General, Kotak Mahindra, TATA AIG, Future Generalli, Shriram, Magma
- D.
SBI General, LIC of India, TATA AIG, Future Generalli, Shriram, Magma
- 10.If vehicle ownership is changed during the year, it will affect ?
- A.
NCB will become Zero.
- B.
Nothing will happen
- C.
Vehicle’s value will affect
- D.
The hypothecation value will change
- 11.How many photographs are required for 2W break in policy renewal ?
- A.
4
- B.
2
- C.
6
- D.
8
- 12.If MFIN branch log in a spot vehicle insurance policy proposal, from where the customer will get his/her insurance policy document ?
- A.
MFIN Branch itself
- B.
Respective Insurance company
- C.
From the local office of the insurance company
- D.
From MSTL Office
- 13.If the customer wants to make payment through bank cheque, then in whose name the cheque must be taken ?
- A.
In the name of issuing insurance company
- B.
In the name of MIBPL
- C.
In the name of MSTL
- D.
In the name of MFL
- 14.How much time is normally taken by the branch to renew a regular insurance policy with all correct documents ?
- A.
30 minutes
- B.
24 hours
- C.
48 hours
- D.
12 hours
- 15.What is the current Penalty for driving without a valid insurance policy ?
- A.
Rs. 2,000/-
- B.
Rs. 4,000/-
- C.
Rs. 1,000/-
- D.
Rs. 5,000/-
- 16.Which is the Regulatory body for Insurance in our country ?
- A.
IRDA
- B.
MIBPL
- C.
SEBI
- D.
BCCI
- 17.How many methods are currently available for insurance payment ?
- A.
3
- B.
4
- C.
5
- D.
6
- 18.What are legal valid documents required for Vehicle driving in our country ?
- A.
Driving License, Pollution certificate, Registration certificate and Vehicle Insurance
- B.
Driving License, Pollution Certificate, Purchase bill of the Vehicle, Vehicle Insurance
- C.
Driving License, Photo ID of the driver, Pollution certificate, Vehicle Insurance
- D.
Driving License, Bank Hypothecation documents, Pollution certificate, Vehicle Insurance
Questions: 25 | Attempts: 23380 | Last updated: Mar 22, 2022
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