IC-71 Optional · Optional General Insurance

Agriculture Insurance — Mock Tests & Exam Prep

Agriculture insurance — crop, livestock and weather-based covers and government-backed rural schemes.

349
Verified questions
100
Questions per exam
2 hrs
Exam duration
60%
Pass mark
30
Credit points

Try IC-71 free — 5 real questions

These are 5 of the 349 IC-71 questions in Certena, taken from across the paper. Every answer key has been checked against a source — a printed answer key, a textbook extract, or arithmetic — not guessed. Reveal the answer and the explanation below each question. No sign-up needed.

Question 1
___________ can be calculated using Remote Sensing Technology.
  1. ACrop damage
  2. BCrop yield
  3. CCrop acreage
  4. DCrop acreage and crop yield
  5. ECrop acreage, crop yield and crop damage
Show answer & explanation

Answer: E. Crop acreage, crop yield and crop damage

Remote sensing is the process of acquiring information about the Earth’s surface by measuring its reflected and emitted radiation without coming into direct contact with the object. During the last two decades, remote sensing techniques are applied to explore agricultural applications such as crop discrimination, crop acreage estimation, crop condition assessment, soil moisture estimation, yield estimation, Crop Damage and Crop Progress, precision agriculture, soil survey, agriculture water management, agro meteorological and agro advisories.

Question 2
__________________ was characterized by greater emphasis on the production of pulses and oil seeds as well as vegetables, fruits and milk.
  1. APhase II (1965-85)
  2. BPhase III (1985-2000)
  3. CPhase IV (2001 to present)
  4. DPhase I (1947-64)
  5. EPre independence phase
Show answer & explanation

Answer: B. Phase III (1985-2000)

Phase-III: 1985-2000 This phase was characterised by greater emphasis on the production of pulses and oilseeds as well as of vegetables, fruits, and milk. The Government introduced organisational innovations like technology missions, which resulted in a rapid rise in oilseed production. The mission approach involves concurrent attention to conservation, cultivation, consumption, and commerce.

Question 3
Which peril is covered under Foetus (unborn calf) insurance scheme?
  1. ALoss due to unskilful handling of embryo
  2. BStill birth
  3. CMalicious act leading to death
  4. DAbortion arising out of neglect
  5. ENone of the above
Show answer & explanation

Answer: B. Still birth

Still birth is covered under Foetus (unborn calf) insurance scheme.

Question 4
Under ‘Named peril insurance’, upto______ perils can be insured.
  1. A10
  2. B5
  3. CUnlimited
  4. D4
  5. E2
Show answer & explanation

Answer: D. 4

Crop insurance may be of different types based on different criteria. The types as per criteria used are as follows: According to perils insured Single peril insurance: e.g.- Hail insurance Named peril insurance: Upto four perils are covered Multi-peril insurance: At least five or more perils are covered All peril insurance: Covers all natural and non-preventable perils

Question 5
What is the complexity level of insuring 'hail' peril in Crop Insurance?
  1. AEasy
  2. BHighly complex
  3. CIntermediate
  4. DEasy or highly complex
  5. EThis peril cannot be insured
Show answer & explanation

Answer: A. Easy

Certain perils are easier to insure than others. Those causing damage in a defined time period and causing measurable damage, such as hail, fire etc., are the most simple; windstorm and frost are intermediate, whereas drought, excessive moisture, and disease are the most complex.

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Frequently asked questions

What is IC-71?
IC-71 (Agriculture Insurance) is an optional Optional-level examination offered by the Insurance Institute of India (III). Agriculture insurance — crop, livestock and weather-based covers and government-backed rural schemes.
How many questions are in the IC-71 exam?
The IC-71 exam has 100 MCQs to be answered in 120 minutes (2 hours). All questions must be attempted — there is no negative marking.
What is the pass mark for IC-71?
You need to score at least 60% to pass IC-71. Scoring 75% or above earns a Distinction grade.
How many credit points does IC-71 carry?
IC-71 carries 30 credit points. These count toward your III certification — 60 credits for Licentiate, 250 for Associateship, 490 for Fellowship.

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