GIPSA PE Officer Scale 2 to 3 Memory based Paper: 17 December 2023

24/11/2024

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GIPSA Promotion Exam Officer Scale 2 to 3: Previous Year based Question December 2023

GIPSA conducts GIPSA PE officer Scale 2 to 3 examination. We provide Memory based Questions of GIPSA PE officer Scale 2 to 3.

In these papers, maximum questions are repeated in every exam. So, Ambitious baba is providing you with GIPSA PE officer Scale 2 to 3 Memory based Question 2023. These Memory based Questions of GIPSA PE officer Scale 2 to 3 will be very useful in upcoming Exam.

These Previous years Questions GIPSA PE Officer Scale 2 to 3 will be very useful in upcoming Exam.

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Scale II to III Questions asked – (17 December 2023)

Scale 2-3 Marine Questions

Washing Overboard covered in which ICC- A&B
Excess not applicable -TL/CTL
ICC WAR- Air..coverage time 15 days
Bulk cargo not -tea
Malicious Damage -iccA
Icc(c) Derailment claim questions
Stock damaged by rain water claim under ICC B claim not payable
Package policy for rubber estates Basis of valuation
P&L cover – Loss of life
Duration of cover The insurance attaches with the loading of each package into wagon / truck
Open policy questions
MI policy freely assigned subject to special
Minimum premium for an Annual Policy is Rs.5,000
Launches Open or half-decked utility boats, used to carry tourists and regular passengers over short distances.
Disbursements are shipowner’s expenses to run the vessel
Negligence of Master, Officers, Crew or Pilots iv. Negligence of repairers or charterers provided they are not the Assured hereunder
One question -A marine hull policy is a valued policy.
Under Carriage by Road Act, 2007 within 180 days of booking of the consignment.
Liability of the carrier for loss of or damage to cargo is limited to 666.67 SDR
Numerical Sound Gross and Damage Gross proceed
Aviation PA TTD Compensation: weekly
Aviation loss of License insurance given to Airlines
Mooring in aviation
Claim payable or not when aircraft overcrowded
Death of ….(AVIATION).. claim 100% SI

Scale 2-3 Motors Questions Asked

TP Sec 172-Award of Compensatory cost in certain case
Defense of Insurer.. section 150
Numbers of days to file appeal in High court –90 days
Hit and run death 2L
IMT 29 regarding coverage of employees new section Oct-2023
Which category of vehicle does not have 2 Geographical zones
Form 51 – Certificate of insurance
Not under Misc vehicle- agriculture Tractor
Goods carrying vehicle rating depends on IDV-GVW-Age-Zone
Agreed values policies can be issued to — Vintage cars
Liability+ fire policy not cover Theft
Theft & Fire only policy not issue D class
Letter to previous insurer 21 day
NCB not earn on Theft and Fire only
Excess in D class -0.5% of IDV of Vehicle, Subject to Min. 2000/-
TPPD commercial vehicle 7.50 lakhs
Private Cars Chandigarh under which zone-B
OPEN-AIR CAR PARKS (Motor trade Internal Risks only)
50% area for premium purpose
IMT 22
MOTOR TRADE POLICIES – CLASS “F” – ROAD RISKS ONLY  For new vehicle radius will be 80 km from the insured’s address.  The limit can be extended upto 120 kilometers upon payment of additional premium of 15%.  Beyond 120 kms are to be rated as per the Road Transit Risks Schedule.  From 160 to 320 kms
Pvt cars less than 1500cc impose excess 1500 numerical
Pvt cars more than 1500cc 8 months old numerical Dep 5%
Two wheeler numerical
Age 22 years – licence upto 40
Notice of claim – immediate
Racing 2 wheeler 300%loading tp od
Towing disabled vehicle – commercial
Damage to towed vehicle- nil claim
Imt 47
Class f – trade risk
Internal trade – dealer
Cancellation after claim in double insurance – nil refund
Cpa 15 lacs
Imt 19- 30%
Appeals
164- death 5kacs
Liability claim in ownership transfer payable
Age less than 40 years 50% dependency
Calculation with10 % dep
Calculation with 25 % dep
Idv with 50% dep 5 lacs
Misc class d ?

Scale 2-3 HR Questions Asked

DHA if Residential training? provided – 1/4 or 1/2 or 1/3
Which allowance not eligible in suspension/subsistence allowance– Basic pay, HRA, conveyance allowance, DA….
NO Leave accrued during– CL, EL, none of the above
Memorial authority of RC/Asst– CMD
Intrepretation of CDA rules by — Board or Cmd?
Which among is wrong regarding Restricted holiday?
Maternity leave – It can not exceed 12 months in entire service
Minor penalty- inquiry not required
Sealed cover to be open- when exonerated
Suspended – incorrect option when disciplinary proceedigs not contemplated
Suspended for two months in 2015 dob 1958 date of joining 1989 – years of service for pension 32
Subsistence allowance on salary –
Immediately prior to suspension
Compassionate retirement – 2/3rd of basic pension

Scale 2-3 Reinsurance Questions Asked

Ppw- policy period window
Cash call- option 1 in treaty only
Short tail- property
Liability reinsurance not applicable- professional liability on property
Commission on non propportional treaty – nil
Retention of cedant in xol is – deductible
Lead reinsurer
Incorrect objective of ceding business- to cede premium to reinsurer
Local pools- to minimise reinsurance outgo from country
Retention limit decided by – cedant insurer
Earned premium – ? Not attempted
8 lacs xs of 2 lacs 30% on line calculate premium to reinsurer – ? Not attempted
Retention 1000 then quota share % then xol claim occured 1000 what is recoverable in xol – nil
10000 net lines automatic capacity 100000- lines ceded 9
1 lac net lines 6 lacs si how many lines of surplus treaty – 5
Which is reinsurance treaty – quota share
Pml meaning – ? Not attempted