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.Which principle of insurance is described by the following statements? 1. The insured must disclose all material facts honestly at the time of contract formation. 2. Failure to disclose relevant facts can lead to claim rejection.
- a.Principle of Indemnity
- b.Principle of Insurable Interest
- c.Principle of Utmost Good Faith
- d.Principle of Subrogation
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2.A shipping company insured its cargo worth ₹30 lakhs. During transit, the ship encountered a severe storm, causing some containers to fall into the ocean. The shipping company filed a claim for the loss, but the insurer discovered that the containers were not properly secured as per standard shipping practices. Will the shipping company be compensated for the loss?
- A.Yes, because the storm was an unforeseeable natural event.
- B.No, because the company failed to take necessary precautions.
- C.Yes, because the cargo was fully insured.
- D.No, because the insurer does not cover storm-related losses.
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3.Which type of insurance covers ships, cargo, and other interests against perils of the sea?
- a.Fire insurance
- b.Marine insurance
- c.Health insurance
- d.Liability insurance
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4.Identify the principle of insurance based on the given information : 1. The insurer agrees to restore the insured to their financial position before the loss occurred. 2. The insured cannot claim more than the actual loss suffered.
- A.Indemnity
- B.Contribution
- C.Subrogation
- D.Mitigation of loss
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5.Identify the principle of insurance based on the given information : 1. The insured must disclose all material facts related to the subject matter. 2. Concealment of any material fact can void the contract.
- A.Contribution
- B.Insurable interest
- C.Utmost good faith
- D.Indemnity
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