Question 1
Under the Motor Vehicles Act, 1988, which of the following documents must be compulsorily carried by a driver of a transport vehicle?
Correct Answer:
Driving License, Registration Certificate, Insurance Certificate, Fitness Certificate and Permit
Question 2
Which form is commonly prescribed for making an application for compensation to the Motor Accidents Claims Tribunal (MACT)?
Correct Answer:
Form Comp A (or equivalent state MACT claim application form)
Question 3
In motor insurance, what does IDV stand for?
Correct Answer:
Insured's Declared Value
Question 4
According to the India Motor Tariff (IMT), what is the depreciation percentage applied to nylon, plastic parts, tyres and tubes, and batteries for partial loss claims?
Correct Answer:
50%
Question 5
Under the Motor Vehicles (Amendment) Act 2019, what is the compensation amount for death in a 'Hit and Run' motor accident?
Correct Answer:
Rs. 2,00,000
Question 1
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About this Exam

Prepare with the III IC-72 Practice Questions - III IC-72 Motor Insurance Exam practice quiz. This question bank includes 100 questions covering motor, insurance, vehicle, policy, and vehicles. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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III IC-72 Practice Questions - III IC-72 Motor Insurance Exam

This practice set contains 100 questions from the matching question bank and focuses on motor, insurance, vehicle, policy, and vehicles. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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