Compare third party insurance and comprehensive on following parameters: i. Risk cover ii. Premium iii. Application of vehicle iv. Condition

1 Answer

i. Risk cover

 In third party insurance only covers damage from a accident only to the other people and their property if you are fault.

 In case of comprehensive insurance the damage of your property due to accident is covered.

ii. Premium

 The premium rate of third party insurance is very cheap than the comprehensive insurance.

 The premium rate of comprehensive insurance is costly because in this policy own damage as well as third party damage also cover.

iii. Application of vehicle

 The third party insurance is suitable for goods carrying vehicle, two wheeler and high weight motor vehicles.

 The comprehensive insurance is suitable for four wheeler vehicles passenger carrying vehicles.

iv. Condition

 In third party personal injuries and damage to property does not cover.

 In comprehensive insurance personal injuries are covered.
thumb_up_alt 0 like thumb_down_alt 0 dislike

Related questions

Description : Explain the effect of following physical hazard parameters on renewal of comprehensive insurance policyi. Age of driver ii. Power and capacity of vehicle iii. Load used iv. Forfeiture of custom duty

Answer : i. Age of driver: If age of driver is more (say more than 65 years then there is more chances of accident than young driver which increases physical hazard.  ii. Power and capacity ... the vehicle it creates physical hazard & chances of accident increases then premium amount also will get increase.

Description : State procedure to calculate premium for the third party insurance cover.

Answer : Third party insurance is a type of insurance policy that is designed for offering insurance coverage to the third party in case of an accident caused by the insured vehicle. This policy covers the liability ... 2. Type and age of the vehicle 3. Cubic Capacity of the engine 4. Geographical zone

Description : Define Risk Cover and Premium.

Answer : Risk Cover: The term risk cover can be defined as the compensation of damage during the accident by insurance company.  Premium: The payable amount as per the insurance contract paid by insured is called as premium.

Description : What is mean by third party Insurance and Comprehensive Insurance of vehicle.

Answer : Motor vehicle Insurance is an agreement between the insurer and the insured wherein the insurer provides financial cover for the vehicle and the insured in return pays specific premium annually. It provides ... this policy for life time. For other vehicles this policy has to be renewed annually. 

Description : Describe organizational structure, role and justification of motor vehicle insurance organizational in India. 

Answer : Organizational structure:- Section 4 of the IRDAI act 1999 specifies the authority composition. It is a ten member body consisting of : a) Chairmen (Subhash.C.Khuntia from 1st SEP ) b) ... . 7. To advise insurer and insured about loss minimization, control loss for security and safety devise.

Description : Describe role of Insurance Regulatory Authority Of India (IRDAI) in motor vehicle insurance.

Answer : 1. To regulate the rates, terms and Conditions of insurance, offered to their customer in general insurance business. 2. To regulate how insurance company invest their funds and maintain their margin ... . 6. Also making code of conduct for surveyors and loss assessor working with insurance company.

Description : List the types of insurance cover.

Answer : Types of insurance cover are as follow : 1. Comprehensive insurance 2. Own damage insurance 3. Third party 4. Fire insurance 5. Marine insurance 6. Life insurance

Description : Compare AC & DC track circuits on i) Length of circuit ii) Application iii) Effect of stray currents. iv) Maintenance

Answer : Ans: i) Length of circuit - a) AC track circuit is having long length upto 3 to 5 km b) DC track circuit is having short length  ii)Application -a) AC track circuit is used ... ) Maintenance - a) AC track circuit has easier and cheaper maintenance b) DC track circuit has complicated maintenance 

Description : Compare sky wave and space wave propagation w.r.t. following points. (i) Frequency range (ii) Effect of fading (iii)Polarization (iv)Application

Answer : Sr. No  Parameters Sky Wave Propagation Space Wave Propagation 1 Frequency range 3 MHz to 30 MHz  Above 30 MHz 2 Effect of fading Problem of fading is ... horizontally Polarized 4 Application RadioBroadcasting (SW Range) Used for TV and FM broadcasting

Description : Compare core type transformer and shell type transformer on the following parameters. (i) Types of winding used, (ii) Application

Answer : Ans:

Description : Compare narrow band FM with wide-band FM w.r.t. following points. (i) Modulation index (ii) Maximum deviation (iii)Range of modulating frequency (iv)Application

Answer : Sr. No Parameters Narrow band FM Wide band FM 1 Modulation index Less than or slightly greater than 1 Greater than 1  2 Maximum deviation ... like police wireless, ambulance etc. Entertainment broadcasting can be used for high quality music transmission 

Description : Suggest one type of materials for water proofing for the following situations. i. Rising dampness in building ii. Leakages in dam iii. Concrete continuously in wet or damp condition iv. Leakages in lavatory ,bathroom and kitchen floor v. Cracks on plastered surface vi. Cracks on roof surface

Answer : i. Flexible materials like butyl rubber, hot bitumen (asphalt), plastic sheets, bituminous felts, sheets of lead. ii. Liquid applied cementitious membranes iii. Liquid applied cementitious membranes ... v. Liquid applied cementitious membranes. vi. Brick bat coba, liquid applied bituminous membrane.

Description : Discuss importance of insurance history in proposal form.

Answer : Once you decide to buy an insurance plan, the first step is to fill out the proposal form. A proposal form is a legal document that seeks relevant information from you so that the insurance company ... , any no claim bonus in previous policy. 4. It gives information about driving habit of insured.

Description : State function of Insurance Regulating Authority in India (IRDAI)

Answer : Function of Insurance Regulating Authority in India (IRDAI) 1. To regulate the rates, terms and Conditions of insurance, offered to their customer in general insurance business. 2. To ... any other organization connected with insurance company. 5. Make guidelines & arrange trainings to agents.

Description : State any two clauses in insurance proposal form.

Answer : Types of clauses in proposal form: 1. Signature clause: It is also known as attestation clause & it is appeared just below the schedule. The person authorized puts his signature. 2. Schedule clause: ... : It tells that how much the insurer must pay if there is insurance in more than one company.

Description : State need of insurance history in proposal form.

Answer : Need of insurance history in proposal form: 1. Gives information about previous insurance policy 2. It gives information about the claims in the previous insurance policy. 3. Gives information about ... policy. 4. Also it gives information about risk exposure of person, property, or vehicle.

Description : Differentiate between retarding and accelerating admixtures with following points. i) Hydration process ii) Setting time iii) Weather condition iv) Use

Answer : The accelerating and retarding admixtures can be compared as follows. Accelerating Admixture  Retarding Admixture Hydration process Due to accelerating admixture, hydration process completes ... where slow hardening of concrete is necessary i.e. in mass concrete structures.

Description : Compare detonation and diesel knock on the basis of (i) Fuel Ignition Temperature (ii) Compression Ratio (iii) Speed (iv) inlet temperature (v) inlet pressure (vi) cylinder wall temperature (vii) cylinder size 

Answer : Comparison between detonation and diesel knock: Parameter To avoid Detonation in SI Engine  To avoid Diesel knock i) Fuel Ignition Temperature High Low ii) Compression Ratio ... Cylinder wall temperature Low High viii) Cylinder size Small Large

Description : Compare floor inspection and centralized inspection on the basis of (i) Definition. (ii) Measuring instruments used (iii) Suitability. (iv) Mode of inspection.

Answer : Parameters Floor Inspection Centralized Inspection Definition. Inspection is done at the place where the part is made or assembled is called floor inspection. The inspection is done ... Mode of inspection. Online inspection is possible Offline inspection needs to be done.

Description : Compare Brazing and Soldering on the basis of : (i) Temperature Used. (ii) Filler Material. (iii) Joint Strength (iv) Applications.

Answer : Comparison of Brazing and Soldering:

Description : Compare PAM, PWM, and PPM on the basis of i. Variable characteristics ii. Bandwidth iii. Information contained in iv. Transmitted power

Answer : Compare PAM, PWM, and PPM on the basis of i. Variable characteristics ii. Bandwidth iii. Information contained in iv. Transmitted power

Description : Compare series and parallel resonance on the basis of (i) Resonating frequency (ii) Impedance (iii) Current (iv) Magnification

Answer : S. No . Parameter Series Circuit Parallel Circuit 1 Resonating frequency 2 Impedance Minimum, Z = R Maximum, Z = L/CR 3 Current Maximum, I ... , I = V/(L/CR)  4 Magnification Voltage magnification takes place Current magnification takes place

Description : Compare between class A and class B amplifier on the basis of (i) Efficiency (ii) Power (iii) Position of Q- point (iv) O/P distortion

Answer : Parameter Class A Class B 

Description : Compare Class A ,Class B, Class C and class AB power amplifiers on the basis of: i)Angle of conduction ii)Efficiency iii)Position of operating pointing power dissipation iv)Distortion

Answer : Compare Class A ,Class B, Class C and class AB power amplifiers on the basis of: i)Angle of conduction ii)Efficiency iii)Position of operating pointing power dissipation iv)Distortion

Description : Compare pin type and suspension insulators on given points: (i) Position of insulator on cross arm. (ii) Position of conductor on insulator. (iii) Reaction on cross arm. (iv) Possibility of ... Replacement cost (vi) Maximum voltage level (vii) Effect on height of supporting structure. (viii) Life 

Answer : S.No  Points Pin Type insulator Suspension or Disc Type insulator 1 Position of insulator on cross arm It is fixed on top of cross arm by using galvanized steel pin. So it is ... so to maintain minimum ground clearance height of pole increase.  8 Life Less More

Description : Compare indoor and outdoor sub-station on given points : (i) Capital cost (ii) Time required for completion (iii) Availability of natural light (iv) Space required 

Answer : Sr. No.  Points Indoor substation Outdoor substation  1 Capital cost High, as construction work cost is more.  Less, as construction work cost is less 2 Time required for ... time. So it saves electrical energy & its cost 4 Space Require Less More

Description : Compare CC and PC of wattmeter on the basis of:- (i) Connection (ii) Status (iii) Number of turns (iv) Gauge of wire.

Answer : Particulars Current coil (CC) Pressure coil (PC) Connection Connected in series with load Connected in parallel with load Status It is fixed coil in wattmeter It is moving coil in ... number of turns It is having more number of turns Gauge of wire Less More

Description : Compare between BJT and FET on the basis of (i) Biolar/Unipolar (ii) Tharmal Runaway (iii) Noise (iv) Applications

Answer : Parameter BJT FET Bipolar/Unipolar It is bipolar device i.e. current in this device is carried by electrons and holes. It is unipolar device i.e. current ... in oscilloscopes, electronic voltmeters and other measuring and testing equipment because of their high input impedance.

Description : Suggest the minimum grade of concrete for following exposure condition. i) RCC work ii) Water retaining structure iii) Sea water construction iv) Pre-stressed concrete

Answer : Minimum grade of concrete for following exposure condition: i) RCC work = M 20 ii) Water retaining structure = M 25 iii) Sea water construction = M 20 for PCC and M 30 for RCC iv) Pre-stressed concrete = M 30

Description : Suggest the energy conservation techniques in following cases : (i) Motor is running with 70% loaded condition. (ii) Motor is continuously loaded at 50%. (iii) Motor runs with 30% loaded condition but sometimes rises to 50% loading condition. (iv) Motor runs continuously under no-load condition.

Answer : Following are the suggestion the energy conservation techniques in following cases :  (i) Motor is running with 70% loaded condition: Use APFC or IPFC for better power factor improvement. Use ... If possible use low capacity motor for above condition. If possible switch off the motor.

Description : A hardened firewall host on an intranet (i) has a proxy application gateway program running on it (ii)Allows specified internet users to access specified services in the intranet (iii) Initiates all internet activities requested by clients ... ii b. i, ii, iii c. i, ii, iii, iv d. ii, iii, iv

Answer : c. i, ii, iii, iv 

Description : Proxy application gateway (i) acts on behalf of all intranet users wanting to access interne securely (ii)monitors all accesses to internet and allows access to only specified IP addresses (iii) disallows use of certain protocols with ... ii b. i, ii, iii c. i, ii, iii, iv d. ii, iii, iv

Answer : b. i, ii, iii 

Description : Differentiate between AM and FM on the basis of: (i) Definition (ii) Bandwidth (iii) Modulation Index (iv) Application

Answer : Compare AM and FM on the basis of i)Definition ii)Bandwidth iii) Wave propogation iv)Number of sidebands

Description : Compare BJT common base configuration with common collector configuration on the basis of (i) Current gain (ii) Voltage gain (iii) Input impedance (iv) Output impedance

Answer : Parameter Common Base Common Collector Current gain Low (About 1) High (1+β) Voltage gain High 1  Input impedance  Low High Output impedance High Low

Description : Write any one application for each of following material handling equipments: (i) Bucket Conveyors (ii) Fork Lift Trucks (iii) Jib Crane (iv) Gravity Chutes

Answer : Applications of MH Equipments:

Description : Write one application of following antenna i. Rectangular antenna ii. Dish antenna iii. Yagi-Uda antenna iv. Horn antenna 

Answer : i. Rectangular antenna is used in direction finding in portable recievers. ii. Dish antenna is used to transmit and receive signal from satellite. iii. Yagi-Uda antenna is used in HF and VHF range as a TV receiving antenna. iv. Horn antenna is used in satellite tracking.

Description : Give one application each of following transducer: (i) LVDT (ii) RVDT (iii) Capacitive (iv) Piezoelectric

Answer : i) LVDT ➢ LVDT used to measure force ➢ LVDT used to measure strain ➢ LVDT used to measure weight ➢ LVDT used to measure tension ➢ LVDT used to measure pressure ➢ The ... flow meters, non-destructive test (NDT) equipment's ➢ Piezoelectric materials are used in ultrasonic transducers.

Description : State the application of following materials : i) CRGO Silicon Steel ii) HRGO Silicon Steel iii) Amorphous metal iv) Bronze 

Answer : Applications of CRGO Silicon Steel: 1) Manufacturing distribution and power transformer cores. 2) Manufacturing cores of audio transformers, ballast transformers, specialty transformers. 3) Manufacturing cores ... used. 5) Cadmium bronze is used for making commutator segments and contact wires. 

Description : Compare compulsory excess and voluntary excess.

Answer : Compulsory excess  Voluntary excess Compulsory excess is the amount payable by insurer in his pocket during claim. Voluntary excess is the extra amount is payable by insurer in his pocket to ... customer to customer. This amount is mandatory. This amount is not mandatory.

Description : Compare investigation and assessment with suitable examples.

Answer : The claim investigation process is the procedure in which insurance company surveyor or loss assessor obtains information to examine the claim. As result it requires various documents to go through, visit to ... is any injury to anyone then surveyor need to investigate the case by above method. 

Description : Write one application for the give dielectric material. (i) Polyvinyl Carbide(PVC) (ii) Glass (iii) Mica (iv) Cotton and Silk

Answer : (i) Polyvinyl Carbide(PVC):it is used in insulation of wires and cables in domestic wiring as well as in aircraft and factory wiring (any one)  (ii) Glass: 1) Alkaline glasses are used for ... with wax or varnishes are used in windings of magnet coils and small medium sized mechanics (any one) 

Description : Compare orifice plate with venturi tube with reference to: (i) Working principle (ii) Construction (iii) Cost (iv) Pressure loss

Answer : Venturi Flow Meter vs Orifice Plate Meter

Description : In B2B e-Commerce (i) Co-operating Business should give an EDI standard to be used (ii) Programs must be developed to translate EDI forms to a form accepted by application program (iii) Method of transmitting/receiving data should be ... . i, ii b. i, ii, iii c. i, ii, iii, iv d. ii, iii, iv

Answer : b. i, ii, iii 

Description : Give one application of :(i) Mineral oil (ii) Varnish (iii) Synthetic oil (iv) Vegetable oil 

Answer : i) Application of Mineral oil:  1. Used in transformer. 2. Used in switchgear 3. Used for circuit breaker 4. Used for capacitor 5. Used in paper insulated cables 6. It is used in Rector ii) ... Vegetable oil:  1. Used as a lubricant. 2. For illumination effect 3. Used for eating purpose. 

Description : State any one application of each tool : (i) Earth tester (ii) Megger (iii) Bearing puller (iv) Growler 

Answer : i) Earth Tester :- It is used to measure earth resistance.  ii) Megger :- Megger is used to find out (measure) insulation resistance of electrical machine/equipment.  iii) ... is an electrical device used to find out shorted turn faults in armature winding and stator winding of motor.

Description : Write the suitable cutter for carrying following operations on milling machine (i) Gear Tooth (ii) Parting off (iii) Keyway (iv) V-grooves (v) Rounding of corner (vi) Cutting of narrow slot and groove

Answer : (i) Gear Tooth : Form milling cutter, Cylindrical type or End mill type, Gear cutter. (ii) Parting off: Slitting Cutter (iii) Keyway : Staggered teeth side milling cutter, End mill cutter, key ... milling cutter. Selection of a cutter depends upon type and size of slot or groove to be produced. 

Description : Explain the effect of the following engine variables on ignition lag and flame propagation: (i) cylinder size (ii) cylinder wall temperature (iii) compression ratio and (iv) inlet air temperature

Answer : (i) Cylinder size - Engine of similar design generally run at the same speed. This is achieved by smaller engine having larger RPM and larger engines having smaller RPM. Due to the same ... all reduces the ignition lag. Pre-increase in the intake temperature and pressure increases the flame speed.

Description : Which of the following statement/s are ALWAYS FALSE ? (i) The sun will not rise in the East some day. (ii) A wooden table is not a table. (iii) Delhi city will be drowned under water. (iv) Cars run on water as fuel. ... i), (iii) and (iv) (B) Only (iii) (C) (i), (ii) and (iii) (D) (ii) alone

Answer : (D) (ii) alone

Description : Which of the following options are the main tasks of research in modern society? (I) to keep pace with the advancement in knowledge. (II) to discover new things. (III) to write a critique on the earlier writings. (IV) to ... IV, II and I (B) I, II and III (C) I and III (D) II, III and IV

Answer : Answer: A  Option 1 is most suitable because in modern society, the research has 3 basic roles. 1) The students whether in pure sciences/social sciences have been trained in ... also to satisfy timeless inquisitiveness of human mind. Therefore, it is also having discovery oriented apporach

Description : Which of the following statement(s) is/are correct with reference to curve generation? I. Hermite curves are generated using the concepts of interpolation. II. Bezier curves are generated using the concepts of approximation. III. The ... (B) II and III only (C) I and II only (D) I, II and III only

Answer : (D) I, II and III only

← Prev Question Next Question →
editChoose topic