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 requires both parties to disclose all relevant facts?
- a.Indemnity
- b.Utmost good faith
- c.Causa Proxima
- d.Contribution
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2.Which of the following pairs correctly matches the type of insurance with its purpose?
- A.Life Insurance: Protects goods transported by sea.
- B.Marine Insurance: Provides financial security to the insured’s family in case of death.
- C.Life Insurance: Provides financial security to the insured’s family in case of death. Marine Insurance: Protects goods transported by sea against risks like damage or loss.
- D.Fire Insurance: Covers risks associated with human life. Health Insurance: Protects against theft of property.
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3.A supermarket owner insured its cold storage facility for ₹2 lakhs. A power failure caused the refrigeration system to stop, leading to the spoilage of frozen goods worth ₹5 lakhs. The insurer compensated the owner for the losses. Later, it was discovered that the power failure was due to negligence by the electricity supplier. Why did the insurer file legal action against the electricity supplier?
- A.To recover the compensation paid due to the supplier’s negligence.
- B.To penalize the supplier for causing the power failure.
- C.To transfer the liability of the loss to the supplier.
- D.To enforce a new contract with the electricity supplier.
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4.Which principle mandates that a loss must directly stem from the insured event to be compensated?
- a.Causa Proxima
- b.Insurable Interest
- c.Utmost Good Faith
- d.Contribution
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5.A business owns a high-value machine insured by two companies against fire damage. A minor blaze causes losses of $10,000. Both insurers coordinate to pay their respective shares so that the total never exceeds $10,000. Which principle of insurance is illustrated?
- A.Causa Proxima
- B.Contribution
- C.Subrogation
- D.Utmost Good Faith
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