Quiz on Depreciation of Electrical Parts in Maruti Insurance

What is the depreciation percentage for vehicles less than 6 months old?

• 10%

• 5%

• Nil

• 0%

How much depreciation is charged for vehicles aged between 1 year to 2 years?

• 5%

• 10%

• 15%

• 25%

What is the depreciation percentage for vehicles aged 3 years to 4 years?

• 25%

• 35%

• 15%

• 40%

For vehicles older than 10 years, what is the depreciation percentage?

• 35%

• 50%

• 40%

• 25%

What is the depreciation percentage for vehicles aged 4 years to 5 years?

• 15%

• 50%

• 40%

• 35%

Which age group has a depreciation rate of 5%?

• 1 year to 2 years

• 6 months to 1 year

• 2 years to 3 years

• < 6 months

What is the depreciation percentage for vehicles aged 2 years to 3 years?

• 35%

• 10%

• 15%

• 25%

What is the depreciation percentage for vehicles aged 5 years to 10 years?

• 35%

• 50%

• 25%

• 40%

Which age group has the highest depreciation percentage?

• > 10 years

• 5 years to 10 years

• 3 years to 4 years

• 2 years to 3 years

What is the depreciation percentage for vehicles aged 6 months to 1 year?

• 15%

• 10%

• 5%

• Nil