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 | December, 2015 | |
| City, State | new delhi, |
Question Paper
1. Describe the procedure and documentation of receipts of claims in case of loss under marine insurance.
2. How does whole life policy differ from endowment life policy? Why is life insurance also called life assurance?
3. Explain the following principles of insurance with suitable examples
Principle of Uberrimae Fidei
Principle of Insurable Interest
Principle of Indemnity
Principle of Causa Proxima
4. Elucidate the following:
"Marine insurance contracts are ordinary contracts, while life insurance is a contract of indemnity".
"Fire insurance covers the risk of loss by fire, where the cause of fire is immaterial for making a claim from the insurance company"
5. Distinguish between express warranties and implied warranties in relation to marine insurance policy.
6. How is premium calculated in the case of private car and commercial vehicle under Motor Insurance Policies? Explain three stages under which motor insurance claims are settled.
7. What are the essential features of a contract of fire insurance? Explain any four fire insurance policies with suitable example.
8. Write short notes on any fOUR of the following:
Cargo insurance
Bancassurance
Social insurance
Overseas mediclaim
Insurance marketing
Fidelity insurance
2. How does whole life policy differ from endowment life policy? Why is life insurance also called life assurance?
3. Explain the following principles of insurance with suitable examples
Principle of Uberrimae Fidei
Principle of Insurable Interest
Principle of Indemnity
Principle of Causa Proxima
4. Elucidate the following:
"Marine insurance contracts are ordinary contracts, while life insurance is a contract of indemnity".
"Fire insurance covers the risk of loss by fire, where the cause of fire is immaterial for making a claim from the insurance company"
5. Distinguish between express warranties and implied warranties in relation to marine insurance policy.
6. How is premium calculated in the case of private car and commercial vehicle under Motor Insurance Policies? Explain three stages under which motor insurance claims are settled.
7. What are the essential features of a contract of fire insurance? Explain any four fire insurance policies with suitable example.
8. Write short notes on any fOUR of the following:
Cargo insurance
Bancassurance
Social insurance
Overseas mediclaim
Insurance marketing
Fidelity insurance
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