ICSE Class 10 Insurance — Mock Test (2027)
Free online mock test for Insurance (ICSE Class 10 Commercial Applications) — 10 competency-based questions based on the latest CISCE 2027 syllabus, with instant marking. Try the samples below, then take the full test free.
What to expect: This mock test covers key concepts from the Insurance chapter — including application-based and competency-focused questions aligned with how ICSE actually sets the paper.
Tip: Attempt without notes first to identify gaps, then review explanations for any wrong answers. Retake after a few days for best retention.
Sample questions
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1.When insurance is described in the text, which statements are accurate? I. It is a contract of indemnity against specific losses. II. Insurers allow policyholders to profit from claims. III. Insurance reduces uncertainty by pooling risk. IV. The insured must always have an insurable interest.
- a.I, II, and III are true
- b.II and IV are true
- c.I, III, and IV are true
- d.I and II are true
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2.Identify the principle of insurance based on the given information: After an accident, the insurer pays for total damage to the insured's vehicle. The vehicle's salvage rights then transfer to the insurer, who may sell or dispose of it.
- A.Contribution
- B.Subrogation
- C.Causa Proxima
- D.Utmost Good Faith
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3.Ms. Kavita insured her shop and inventory for ₹30 lakhs, but a burglary caused losses of ₹50 lakhs. The insurer offered compensation lower than ₹30 lakhs. Which principle limits her compensation?
- A.Principle of Contribution
- B.Principle of Indemnity
- C.Principle of Subrogation
- D.Principle of Causa Proxima
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4.Which type of general insurance covers losses arising from unexpected flames damaging property?
- A.Marine insurance
- B.Fire insurance
- C.Life insurance
- D.Fidelity insurance
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5.What does the principle of Contribution in insurance ensure?
- A.The insured can claim total compensation from one insurer, who then recovers proportionate amounts from others.
- B.The insured receives compensation from only one insurer, regardless of multiple policies.
- C.The insurer can refuse to pay if the insured has multiple policies.
- D.The insured must claim compensation separately from each insurer.
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