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प्रश्न
Write a word or phrase or a term which can substitute the following:
The policy under which cargo is insured for a specific period & voyage.
उत्तर
The policy under which cargo is insured for a specific period & voyage - Mixed policy
Explanation:
Mixed policy is a combination of voyage policy and time policy. Voyage policy provides insurance for a particular voyage, irrespective of time. On the other hand, time policy is for a specific period of time.
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संबंधित प्रश्न
In India railways are owned and managed by......................................
- Private companies
- Government
- Individuals
Road Transport V/s Rail Transport
Principle of indemnity is not applicable to ______.
Select the proper option from the options given below and rewrite the completed sentence.
Insurable interest must exist in ________.
Match the correct pairs :
| Group “A” | Group “B” | ||
| a. | Life Insurance | 1 | Claim made by insured |
| b. | Mitigation of loss | 2 | Perishable goods |
| c. | Premium | 3 | Insurable interest |
| d. | Cold storage | 4 | Maximum loss |
| e. | Warehousing | 5 | Transfer of goods from one place to other |
| 6 | To minimise the loss | ||
| 7 | Imported goods | ||
| 8 | Principle of indemnity | ||
| 9 | Storage of goods | ||
| 10 | Payment made by policy holder |
Write a word or phrase or a term which can substitute the following:
Overdraft facility is given to a certain definite account holder.
Write a word or phrase or a term which can substitute the following:
An account where fixed amount is kept for a specific period.
Write a word or phrase or a term which can substitute the following:
The type of insurance where the principle of indemnity is not applicable
Write a word or phrase or a term which can substitute the following:
The costliest mode of transport.
Write a word or phrase or a term which can substitute the following:
Means of transport carrying bulk and heavy goods for international trade.
Distinguish between the following:
Rail Transport & Air Transport
Write Short Note on the following:
Types of marine insurance policies
Write Short Note on the following:
Road transport
Write Short Note on the following:
Other modes of transport
State with Reasons whether the following statement is TRUE or FALSE.
An individual must always tries to minimise the loss by fire as far as possible.
State with Reasons whether the following statement is TRUE or FALSE.
Water transport is the costliest means of transport available.
State with reasons whether the following statement is True or False.
Transport is useful in raising standard of living.
