GENERAL KNOWLEDGE

Previous
Next

GK

INSURANCE AWARENESS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____covers operators of nuclear reactors and other facilities for liability and property damage in the case of a nuclear accident and involves both private insurers and the federal government.
A
Nuclear Insurance
B
Inland Marine Insurance
C
Kidnap/Ransom Insurance
D
Internet Liability Insurance
Explanation: 

Detailed explanation-1: -The Act aims to provide a civil liability for nuclear damage and prompt compensation to the victims of a nuclear incident through a no-fault liability to the operator, appointment of Claims Commissioner, establishment of Nuclear Damage Claims Commission and for matters connected therewith or incidental thereto.

Detailed explanation-2: -The Vienna Convention on Civil Liability for Nuclear Damage aims at harmonizing the national law of the Contracting Parties by establishing some minimum standards to provide financial protection against damage resulting from certain peaceful uses of nuclear energy.

Detailed explanation-3: -The Nuclear Regulatory Commission This independent federal agency is responsible for nuclear power plant safety, security and licensing, as well as the safe handling, transportation and storage of radioactive materials, including spent nuclear fuel.

There is 1 question to complete.
Previous
Next