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Question 1

A person is said to be Agnate of another if the two of them are related by blood or adoption entirely or wholly

through males.

Options :

A : TRUE

B : FALSE

Answer: A

Question 2

Any property inherited by a female Hindu from her husband or from her father in law, in the absence of any

son or daughter of the deceased shall go to…..

Options :

A :

Heir of mother

B : Heir of father

C : Heir of Husband

D : Heir of Sister

Answer: C

Question 3

The markets for funds traded in currencies other than the currency of the trading country are referred to as

Options :

A : off-shore banking centres.

B : international financial centres.

C : the world market.

D : Eurocurrency markets.

Answer: D

Question 4

Which of the following statement is/are correct?

Options :

A : Only (i)

B : Only (ii)

C : Both of the above

D : None of the above

Answer: C

Question 5

A doctor has taken a professional indemnity Policy on 01/06/2003 and has been continuously renewing it. In August, 2006 he operated on an infant child. But that operation failed. The parent of child filed a law suit against doctor in Sept, 2006. Which of the following statement is true in respect of the claim?

Options :

A : As the Professional indemnity policy was taken on 01/06/2003 and it has been regularly renewed since then, and was in force during the occurrence of claim, the doctor will be reimbursed under the Policy.

B : As the Professional indemnity policy was taken on 01/06/2003 and claim has arose on August, 2006, so the doctor will not be reimbursed under the Policy.

C : As the operation has failed, so the doctor has to pay the compensation.

D : A profession indemnity policy does not include claims under failure of operation.

Answer: A