Fire Questions asked in Para 13.2 Exam : 11 October 2025 Exam
As we know, the Institute of Banking Personnel Selection conducts the Para 13.2 Examination every year for Assistants seeking promotion in the insurance sector. Here, we are providing the Fire Insurance questions asked in the Para 13.2 Exam 2024.
The notification for the 2024 session of the Para 13.2 Examination was released in August 2025, and the examination was conducted on 11 October 2025. Candidates can go through the Fire Insurance questions asked in the Para 13.2 Exam 2025 for better preparation and practice.
1.Material damage section IAR- Section I (Fire, Explosion ,Flood , Storm , Impact damage, Machinery accidents (if not excluded), etc.
2.First boiler plant something
3.Class 2 fire resistant construction generally consists of: Non-combustible materials with limited fire resistance
4.Item value 4 lakhs si 3 lakhs claim 4 lakh how payable: 3lacs
5.Addition Method of Gross Profit is:Gross Profit=Net Profit+Insured Standing Charges
6.Wage insurance method not included: “Addition Method” is NOT included in wage insurance methods.
7.Spoilage insurance mainly covers loss due to: Deterioration following refrigeration failure
8.Debris removal expenses under standard fire policy are covered up to: 1% of claim
9.Architects’, Surveyors’ and Consulting Engineers’ fees are covered up to: 3%
10.Misrepresentation in insurance refers to: Giving false or incomplete material information
11.A fluctuating stock situation is best covered under: Declaration Policy
12.Which of the following is not covered under SFSP?-Forest Fire
13.The purpose of a renewal notice is to: Inform insured about policy renewal before expiry
14.Which of the following is a duty of a surveyor?-Assess and investigate loss
15.Perils related
16.Subrogation related Qus
17.Reinstatemnt not allowed for
18.Which roof is considered most hazardous from fire risk point of view?-Thatch Roof
19.Qus on Silent risk
20.FEA full form-Fire Extinguishing Appliances
21.Other names retention
22.If the proximate cause of loss is an excluded peril, the insurer will: Reject the claim
23.A surveyor is to be appointed/communicated within _____ of claim intimation.-72hrs
24.Exclusion IAR
25.Under material alteration condition, the policy ceases if:Material change in risk occurs without insurer’s consent
26.Under Engineering Insurance policies, the insured should intimate loss to insurer:Immediately
27.Deterioration of stock due to failure of refrigerating plant is covered under: DOS Policy
28.CAR policy covers the period: From start of construction till completion/handover
29.A long-term insurance policy is issued for a period exceeding: 12months
30.A hydro electric plant generates electricity using: Water energy
Para 13.2 Mahacombo Pro Package
