CUET-PG SERIES Commerce
Insurance
5 previous year questions.
Volume: 5 Ques
Yield: Medium
High-Yield Trend
5
2025 Chapter Questions 5 MCQs
01
PYQ 2025
medium
commerce ID: cuet-pg-
Mr. A insures his house worth Rs. 10 crores with two insurers HDFC for Rs. 7.50 crores and Bajaj Allianz for Rs. 7.50 crores. The actual loss of house destroyed is Rs. 7 crores. Now, Mr. A can claim full loss of Rs. 7 crores either from HDFC or Bajaj Allianz or proportionately Rs. 3.5 crores from each of them.
Which principle of insurance is applicable in this situation?
1
Principle of Causa Proxima
2
Principle of Contribution
3
Principle of Subrogation
4
Principle of Uberrimae Fidei
02
PYQ 2025
medium
commerce ID: cuet-pg-
Which of the following principles distinguishes an insurance contract from a wagering contract?
1
Causa Proxima
2
Indemnity
3
Insurable Interest
4
Subrogation
03
PYQ 2025
medium
commerce ID: cuet-pg-
Match List-I with List-II
1
(A)-(IV), (B)-(II), (C)-(III), (D)-(I)
2
(A)-(IV), (B)-(III), (C)-(II), (D)-(I)
3
(A)-(I), (B)-(II), (C)-(IV), (D)-(III)
4
(A)-(III), (B)-(IV), (C)-(II), (D)-(I)
04
PYQ 2025
medium
commerce ID: cuet-pg-
Match the following committees with their mandates in List I and List II: 
1
(A) (I), (B) (II), (C) (III), (D) (IV)
2
(A) (IV), (B) (III), (C) (II), (D) (I)
3
(A) (I), (B) (II), (C) (IV), (D) (III)
4
(A) (III), (B) (IV), (C) (I), (D) (II)
05
PYQ 2025
medium
commerce ID: cuet-pg-
Match List-I with List-II
1
(A)-(IV), (B)-(II), (C)-(III), (D)-(I)
2
(A)-(IV), (B)-(III), (C)-(II), (D)-(I)
3
(A)-(I), (B)-(II), (C)-(IV), (D)-(III)
4
(A)-(III), (B)-(IV), (C)-(II), (D)-(I)