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This online test contains MCQs about following topics:
Definition of insurance . Principles of insurance . Importance of insurance . Difference between life and other insurance . Kinds of insurance
ICOM Part 1 Commerce Ch. 18 Test
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
MCQ's Test For Chapter 18 "Principle of Commerce Icom Part 1 English Medium Chapter 18 Online Test"
Try The MCQ's Test For Chapter 18 "Principle of Commerce Icom Part 1 English Medium Chapter 18 Online Test"
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Total Questions15
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Time Allowed20
Principle of Commerce Icom Part 1 English Medium Chapter 18 Online Test
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Question # 1
On the death of the insured, sum is paid to:
Question # 2
The sum of marine insurance is not paid
Question # 3
The voyage policy is taken for
Question # 4
The time period of rural insurance policy is:
Question # 5
Insurance is an agreement in which the insurer
Question # 6
Which insurance policy can be used as a security:
Question # 7
Kinds of fire insurance:
Question # 8
The principal of contribution is ot applicable in:
Question # 9
Group insurance is popular among:
Question # 10
In Pakistan, life insurance business was nationalized in:
Question # 11
The person who gets himself insured is called:
Question # 12
Group insurance is popular among
Question # 13
If a person gets his property insured from to different company's then it is called:
Question # 14
According to Jiwan Sathi insurance,, the husband and wife are provided with financial security in:
Question # 15
What type of security does life insurance offer
11th Principles of Commerce Chapter 18 Test
Here you can prepare 11th Principles of Commerce English Medium Chapter 18 Insurance Test. Click the button for 100% free full practice test.
Top Scorers Of Chapter 18 "Principle of Commerce Icom Part 1 English Medium Chapter 18 Online Test" MCQ`s Test
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H Hira 02 - Dec - 2018 00 Min 02 Sec 15/15 -
S Subtain Ahmed Raza 17 - Jul - 2023 00 Min 43 Sec 15/15 -
K KHALIL UR REHAMAN 18 - Aug - 2022 01 Min 09 Sec 15/15 -
M Muhammad Uzair 01 - Dec - 2020 02 Min 06 Sec 15/15 -
J Jannat Butt 05 - Feb - 2022 02 Min 48 Sec 15/15 -
M Minahil Asif 04 - Jun - 2024 00 Min 46 Sec 14/15 -
R rida 21 - Jun - 2018 01 Min 48 Sec 14/15 -
A Ascii Mughal 29 - Apr - 2018 02 Min 00 Sec 14/15 -
S syed ashir saleem 05 - May - 2018 03 Min 37 Sec 14/15 -
H Hunaina muzamil 06 - Apr - 2021 03 Min 41 Sec 14/15 -
S Shifa Awan 07 - Apr - 2021 03 Min 56 Sec 14/15 -
H Hamna 05 - Apr - 2021 03 Min 57 Sec 14/15 -
A ABDUL QAYYUM 13 - Jun - 2023 01 Min 47 Sec 13/15 -
R Rizwana 22 - Feb - 2021 01 Min 54 Sec 13/15 -
U User 0620 25 - Mar - 2023 02 Min 12 Sec 13/15
| Sr.# | Question | Answer |
|---|---|---|
| 1 | In Pakistan, life insurance business was nationalized in: |
A. 1970
B. 1972
C. 1973
D. 1978
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| 2 | Why is public not include towards insurance in Pakistan? |
A. Due to ignorance
B. Due to poverty
C. Due to economics backwardness
D. All three
|
| 3 | The person who gets himself insured is called |
A. Insured
B. Proposer
C. Insurance policy
D. Both a and b
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| 4 | Insurance is an agreement in which the insurer |
A. Gives profit
B. Gives interest
C. Compensates loss
D. All the above
|
| 5 | Types of accidental in insurance are |
A. Four
B. Two
C. Three
D. One
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| 6 | Kinds of fire insurance: |
A. Voyage and time insurance
B. Specific and floating policy
C. Fleet and valued policy
D. Endowment and term life policy
|
| 7 | Group insurance is popular among: |
A. Unemployed people
B. Employees of business organizations
C. House wives
D. All the above
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| 8 | Insurance is an agreement in which the insurer: |
A. Gives profit
B. Give interest
C. Compensates loss
D. All the above
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| 9 | On the death of the insured, sum is paid to: |
A. Friends
B. Dependents
C. Relatives
D. Insurer
|
| 10 | According to Jiwan Sathi insurance,, the husband and wife are provided with financial security in: |
A. One installment
B. Two installment
C. Three installment
D. Fourinstallment
|
Test Questions
