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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
00:00
Question # 1
Paid premium is refundable in case of:
Question # 2
Why is public not include towards insurance in Pakistan?
Question # 3
According to Jiwan Sathi insurance, the husband and wife are provided with financial security in
Question # 4
Kinds of fire insurance:
Question # 5
The objective of life insurance is to:
Question # 6
The voyage policy is taken for
Question # 7
The company that insures is called:
Question # 8
Group insurance is popular among
Question # 9
What type of security does life insurance offer ?
Question # 10
On the death of the insured, sum is paid to
Question # 11
Which insurance policy can be used as a security:
Question # 12
What type of security does life insurance offer
Question # 13
Group insurance is popular among:
Question # 14
Insurance is an agreement in which the insurer
Question # 15
On the death of the insured, sum is paid to:
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 -
A Arzoo Qaiser 29 - Jan - 2026 01 Min 32 Sec 15/15 -
M Muhammad Uzair 01 - Dec - 2020 02 Min 06 Sec 15/15 -
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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 -
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A ABDUL QAYYUM 13 - Jun - 2023 01 Min 47 Sec 13/15 -
R Rizwana 22 - Feb - 2021 01 Min 54 Sec 13/15
ICom Part 1 Principle of Commerce (English Medium) Chapter 18 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Which insurance policy can be used as a security: |
A. Marine insurance
B. Fire insurance
C. Lifeinsurance
D. All the three
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| 2 | The sum of marine insurance is not paid |
A. If the ship changes direction
B. If the ship is not capable of the voyage
C. Trade is unnecessary
D. All these three
|
| 3 | 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
|
| 4 | The company that insures is called |
A. Insured
B. Acceptor
C. Propose/ Insurer
D. Business company
|
| 5 | If a person gets his property insured from to different company's then it is called: |
A. Whole life insurance
B. Double insurance
C. Compensatory insurance
D. None of these
|
| 6 | 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
|
| 7 | In Pakistan, life insurance business was nationalized in: |
A. 1970
B. 1972
C. 1973
D. 1978
|
| 8 | The time period of rural insurance policy is: |
A. 15 - 20 years
B. 10 - 15years
C. 20 - 25years
D. More than 25 years
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| 9 | On the death of the insured, sum is paid to: |
A. Friends
B. Dependents
C. Relatives
D. Insurer
|
| 10 | Group insurance is popular among |
A. Unemployed people
B. Employed of business organizations
C. House wives
D. All the above
|
Test Questions
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