IC-67| Marine Insurance | Memory based questions
iii exam is held fourth time every year – Once in March, May, September and in November. Marine Insurance (IC-67) exam We provide Recollected Questions (Memory based Questions) . In these papers, maximum questions are repeated in every exam. So, Ambitious baba is providing you with IC 67 recollected Question Marine Insurance (IC-67) . These Memory based Question Marine Insurance (IC-67) will be very useful in upcoming Exam.
IC-67 Recollected Questions on 19 December 2020, 2nd Shift
Note: Most of the questions were find True / False Statement
Chapter – 01
| Q. No | Questions | Page No |
| 01 | How the Chinese used to distribute their risk | Pg-3 |
| 02 | What did Hammurabi’s code provided? | Pg-3 |
| 03 | Bottomry =? | Pg-3 |
| 04 | General Average | Pg-3 |
| 05 | Customs Laws care related Question (2-3) | Pg-4 |
| 06 | L/C stands for | Pg-4 |
| 07 | L/C Definition | Pg-4 |
| 08 | Stamp Act date/year – 1899 | Pg-8 |
| 09 | How many type of warranties (02 Ques.) | Pg-9 |
| 10 | Group of underwriting members- Syndicates | Pg-11 |
| 11 | Remuneration of Lloyd’s agents | Pg-13 |
| 12 | Primary duty of Lloyd’s agents | Pg-13 |
| 13 | Settlement abroad by Lloyd’s agents | Pg-13 |
| 14 | IUA/IUMI (one Ques) | Pg-13 |
Chapter – 02
| 15 | 2-3 Questions on Articles (don’t remember exact question) | |
| 16 | Warranties – 2-3 Questions | Pg-25 |
| 17 | Case – Study – As per practice in India when to take Cargo Insurance | Pg-27 |
| 18 | Defeasible Interest | Pg-28 |
| 19 | Contingent Interest | Pg-28 |
| 20 | Advance freight (case study question) | Pg-29 |
| 21 | Policy assignment | Pg-30 |
| 22 | What do you mean by seutted | Pg-34 |
| 23 | SEQ – 1 | Pg-37 |
Chapter – 3
| 24 | Proposal may be in the form of | Pg-42 |
| 25 | Proposal form contains info on ___________ | Pg-43 |
| 26 | TY – 1 | Pg-44 |
| 27 | Underwriting factors | Pg-4 |
| 28 | Liners (02 Ques) | Pg-45 |
| 29 | Tramps | Pg-45 |
| 30 | Last Para Initial 2 Lines | Pg-45 |
| 31 | Age of tanker | Pg-46 |
| 32 | Advantage of F.O.C | Pg-46 |
| 33 | Adverse features | Pg-47 |
| 34 | Land transit by rail or road | Pg-47 |
| 35 | Customary ullage means | Pg-49 |
| 36 | Packing – 02 Ques | Pg-51-52 |
| 37 | Unitising | Pg-53 |
| 38 | Palletising | Pg-53 |
| 39 | Pallets – Definition | Pg-53 |
| 40 | Container – LCL, FCL | Pg-54 |
| 41 | Container – one more Que | Pg-54 |
| 42 | No. of Major Ports in India | |
| 43 | Moral Hazard – Policy Cancellation | Pg-60 |
| 44 | TY – 2 | Pg-61 |
| 45 | FOB Cover | Pg-62 |
| 46 | CIF Cover | Pg-62 |
| 47 | Declaration form contains (02 Ques) | Pg-64 |
| 48 | Cover Note (02) | Pg-64 |
| 49 | Stamp Duty recoverable from – Assured | Pg-66 |
** So, almost half of the paper was covered from CH – 1 to 3. Pls read these thoroughly.
| 50 | Contra proferentem means | Pg-76 |
| 51 | Stamp Duty | Pg-77 |
| 52 | ICC Latest Revised Clauses – (3-4 Ques on ICC) | Pg-79 |
| 53 | Concealed Damage | Pg-93 |
| 54 | Picking – 02 Ques | |
| 54 | Garbling – 01Ques | |
| 55 | SEQ _ 1 (not exactly same) | Pg-99 |
| 56 | Rec Crop & Hail Insurance (02 Ques) | Pg-110-11-12 |
| 57 | Pg-113 to 120 (02-03) Questions | |
| 58 | Rubber policy starts from | |
| 59 | Open cover/policy – 2-3 Ques | |
| 60 | SSRI | 137 |
| 61 | RO-RO Ships | Pg-152 |
| 62 | GA/Salvage/Sue & Labour (2-3 Ques) | Pg-157 |
| 63 | GT | Pg-177 |
| 64 | Ex-TL | Pg-181 |
| 65 | Inland Vessels Means -? | Pg-187 |
| 66 | PA/GA | Pg-196 |
| 67 | ATL/CTL | Pg-196 |
| 68 | Particular Charges | Pg-204 |
| 69 | Extra Charges | Pg-205 |
| 70 | Sue & Labour | |
| 71 | COGSA | Pg-229 |
| 72 | MTO Limits of Liability (No sea involved) | Pg-238 |
| 73 | SE – 2 | Pg-244 |
| 74 | Cargo Loss Control – 2-3 Ques | Pg-264-65 |
| 75 | Reinsurance – 02 Ques | Pg-270-79 |
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