Sample Questions
IRDAI - IC 72 Motor Insurance Mock Tests — 5 random MCQs with answers & explanations
← Back to IRDAI - IC 72 Motor Insurance Mock TestsThese 5 questions are randomly selected (standard MCQs only, not case-based).
Q1 Following the death of a vehicle owner, for how long does the existing insurance policy remain valid for the legal heirs?
Explanation:
To protect the family, the law keeps the insurance active for a short window of 3 months after the owner dies. During this time, the legal heirs must apply to transfer the policy into their own names.
Marks: 1
Q2 The IRDA has permitted specific companies to act as electronic insurance repositories. Which of the following is NOT an authorized repository?
Explanation:
While companies like NSDL and CAMS are officially permitted to hold electronic insurance records, the "Insurance Repository of India" is not one of the authorized entities listed by the regulator.
Marks: 1
Q3 Identify the specific form required when applying for a tourist vehicle permit.
Explanation:
According to transport rules, vehicle owners must use specific forms for different permits. Form 45 is the designated application for obtaining a tourist vehicle grant.
Marks: 1
Q4 The establishment of 'Road Safety Councils' was provided for under which legal authority?
Explanation:
The original provision for creating councils to manage and improve road safety was made in Act No. 59 of 1988.
Marks: 1
Q5 In the context of customer service, which term refers to how sensitive and quick an insurer is to handle repairs and clarify claim issues?
Explanation:
Responsiveness is about speed and helpfulness. It measures how effectively the insurance company reacts to a customer’s needs, such as answering questions about the insured amount or processing a claim quickly.
Marks: 1
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