This makes little sense, IMO. Information is information. There is no difference between this and just having a short/simple passphrase with the PKBDF iterations turned very high. You might as well shard secrets using Shamir and encode it via a modified version of BIP32 words.
The security questions are like extra shares of lower value.
My mental model is something like burying the password in your 100x100 yard. You give one friend the X and a different friend the Y coordinates both rounded down to a multiple of 10 meters. The security questions can be added to the X and Y coordinates.
