Exam Details
| Subject | Risk Management And Insurance | |
| Paper | ||
| Exam / Course | MASTERS OF BUSINESS ADMINISTRATION (MANAGEMENT ACCOUNTING AND FINANCE) (MBA MAFCI) | |
| Department | Centre for Corporate Education, Training & Consultancy (CCETC) | |
| Organization | indira gandhi national open university | |
| Position | ||
| Exam Date | June, 2016 | |
| City, State | new delhi, |
Question Paper
No. of Printed Pages: 2 IMCNE-071I
MASTER OF BUSINESS ADMINISTRATION
(MBACN)
Term-End Examination
June, 2016
UU ....'uu MCNE-071 RISK MANAGEMENT AND INSURANCE
Time: 3 hours Maximum Marks: 100
Note: Attempt any five questions. All questions carry equal marks.
1. What do you understand by the organization of risk management? Describe with the help of an example why an integrated/holistic rather than a stand-alone approach to risk management is important for today's businesses.
2. Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in insurance, finance and other.industries and professions. Elucidate with the help of an example.
3. Explain the assumptions of standard models of risk and insurance.
Identify and assess environmental and sustainability considerations in problems in risk and insurance.
4. What do you mean by History of Insurance and Risk Management?
What is risk management in a business?
5. Distinguish between any two of the following:
Mergers and Acquisitions
Regulation and Compliance
Life Insurance and Health Insurance
6. Explain the following acronyms:
IRDA
LIC
GIC
ALE
7. Briefly comment on any two of the following:
Finding a way to manage our risk will help protect our financial assets today and in the future.
Risk is based on uncertainty. It involves a loss, a catastrophe, or some other undesirable or negative outcome.
Making a habit of high-risk behaviour will eventually catch up with you and may wreck your financial goals.
8. Write short notes on any two of the following:
Insolvencies
Insurance Pricing
Corporate Risk Management
MASTER OF BUSINESS ADMINISTRATION
(MBACN)
Term-End Examination
June, 2016
UU ....'uu MCNE-071 RISK MANAGEMENT AND INSURANCE
Time: 3 hours Maximum Marks: 100
Note: Attempt any five questions. All questions carry equal marks.
1. What do you understand by the organization of risk management? Describe with the help of an example why an integrated/holistic rather than a stand-alone approach to risk management is important for today's businesses.
2. Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in insurance, finance and other.industries and professions. Elucidate with the help of an example.
3. Explain the assumptions of standard models of risk and insurance.
Identify and assess environmental and sustainability considerations in problems in risk and insurance.
4. What do you mean by History of Insurance and Risk Management?
What is risk management in a business?
5. Distinguish between any two of the following:
Mergers and Acquisitions
Regulation and Compliance
Life Insurance and Health Insurance
6. Explain the following acronyms:
IRDA
LIC
GIC
ALE
7. Briefly comment on any two of the following:
Finding a way to manage our risk will help protect our financial assets today and in the future.
Risk is based on uncertainty. It involves a loss, a catastrophe, or some other undesirable or negative outcome.
Making a habit of high-risk behaviour will eventually catch up with you and may wreck your financial goals.
8. Write short notes on any two of the following:
Insolvencies
Insurance Pricing
Corporate Risk Management
Other Question Papers
Departments
- Centre for Corporate Education, Training & Consultancy (CCETC)
- Centre for Corporate Education, Training & Consultancy (CCETC)
- National Centre for Disability Studies (NCDS)
- School of Agriculture (SOA)
- School of Computer and Information Sciences (SOCIS)
- School of Continuing Education (SOCE)
- School of Education (SOE)
- School of Engineering & Technology (SOET)
- School of Extension and Development Studies (SOEDS)
- School of Foreign Languages (SOFL)
- School of Gender Development Studies(SOGDS)
- School of Health Science (SOHS)
- School of Humanities (SOH)
- School of Interdisciplinary and Trans-Disciplinary Studies (SOITDS)
- School of Journalism and New Media Studies (SOJNMS)
- School of Law (SOL)
- School of Management Studies (SOMS)
- School of Performing Arts and Visual Arts (SOPVA)
- School of Performing Arts and Visual Arts(SOPVA)
- School of Sciences (SOS)
- School of Social Sciences (SOSS)
- School of Social Work (SOSW)
- School of Tourism & Hospitality Service Sectoral SOMS (SOTHSM)
- School of Tourism &Hospitality Service Sectoral SOMS (SOTHSSM)
- School of Translation Studies and Training (SOTST)
- School of Vocational Education and Training (SOVET)
- Staff Training & Research in Distance Education (STRIDE)
Subjects
- Advanced Financial Accounting And Reporting
- Analysis Of Financial Accounts And External Reporting
- Cost Planning And Analysis For Competitive Advantage
- International Financial Management
- Management Control Systems
- Project-Financial-Appraisal And Management
- Risk Management And Insurance