Exam Details
| Subject | banking and insurance management | |
| Paper | paper 2 | |
| Exam / Course | mba | |
| Department | ||
| Organization | rayalaseema university | |
| Position | ||
| Exam Date | December, 2017 | |
| City, State | andhra pradesh, kurnool |
Question Paper
M.B.A. DEGREE EXAMINATION, NOVEMBER/DECEMBER 2017.
Third Semester
Paper II BANKING AND INSURANCE MANAGEMENT
2 90132
Time 3 Hours Max. Marks 70
SECTION — A
Answer any FIVE of the following. 12 60 Marks)
1. Explain various services offered by banks.
2. Discuss the role of Reserve Bank of India on Indian Banking.
3. Explain features of different types of loans.
4. Explain advantages and disadvantages of net banking.
5. Discuss changing role of banks as financial intermediaries.
6. Explain history and evolution of insurance industry in India.
7. Explain criteria for appointment of agents and brokers.
8. Discuss various types of life insurance contracts.
SECTION — B 10 10 Marks)
9. Case study (Compulsory)
Shri AKD aged 47 years, on 31st March 2000, submitted a proposal for Rs. 20 lakh
and paid Rs. 84,110 as initial deposit towards half yearly premium. He suddenly
expired on 07.06.2000. On the claim being made, the wife of the deceased was
informed that the contract was un-concluded and the legal heirs were entitled to
get the refund of the deposit amount only.
The insurer contended that the medical reports submitted along with the proposal
revealed that the health of the deceased was substandard and their higher office,
after verifying the reports proposed to give insurance provided the proposer was
ready to pay Rs. 27 per Rs. 1,000 sum assured as extra premium. This was
informed to the proposer when he visited the office on 02-06-2000 to enquire about
the proposal. He submitted a request to the insurer to consider a fresh policy under
'Endowment' for a term of 10 years and quote the terms within 5 days he died.
The general rule is that the contract of insurance will be concluded only when the
party to whom an offer has been made accepts it unconditionally and
communicates his acceptance to the person making the offer. Whether the final
acceptance is that of assured or insurers however depends simply on the way in
which negotiations for insurance have progress.
Questions
What are the underwriting issued involved in the above case?
What steps can be taken to avoid such unpleasant litigation in future?
———————
Third Semester
Paper II BANKING AND INSURANCE MANAGEMENT
2 90132
Time 3 Hours Max. Marks 70
SECTION — A
Answer any FIVE of the following. 12 60 Marks)
1. Explain various services offered by banks.
2. Discuss the role of Reserve Bank of India on Indian Banking.
3. Explain features of different types of loans.
4. Explain advantages and disadvantages of net banking.
5. Discuss changing role of banks as financial intermediaries.
6. Explain history and evolution of insurance industry in India.
7. Explain criteria for appointment of agents and brokers.
8. Discuss various types of life insurance contracts.
SECTION — B 10 10 Marks)
9. Case study (Compulsory)
Shri AKD aged 47 years, on 31st March 2000, submitted a proposal for Rs. 20 lakh
and paid Rs. 84,110 as initial deposit towards half yearly premium. He suddenly
expired on 07.06.2000. On the claim being made, the wife of the deceased was
informed that the contract was un-concluded and the legal heirs were entitled to
get the refund of the deposit amount only.
The insurer contended that the medical reports submitted along with the proposal
revealed that the health of the deceased was substandard and their higher office,
after verifying the reports proposed to give insurance provided the proposer was
ready to pay Rs. 27 per Rs. 1,000 sum assured as extra premium. This was
informed to the proposer when he visited the office on 02-06-2000 to enquire about
the proposal. He submitted a request to the insurer to consider a fresh policy under
'Endowment' for a term of 10 years and quote the terms within 5 days he died.
The general rule is that the contract of insurance will be concluded only when the
party to whom an offer has been made accepts it unconditionally and
communicates his acceptance to the person making the offer. Whether the final
acceptance is that of assured or insurers however depends simply on the way in
which negotiations for insurance have progress.
Questions
What are the underwriting issued involved in the above case?
What steps can be taken to avoid such unpleasant litigation in future?
———————
Other Question Papers
Subjects
- accounting for management
- advertising and sales promotion
- banking and insurance management
- brand management
- business communication
- consumer behavior
- customer relationship management
- e-commerce
- employee empowerment
- enterprise resource planning (erp)
- entrepreneurship development
- financial derivatives
- financial markets and institutions
- infrastructure finance
- international business
- international financial management
- investment and portfolio management
- knowledge management
- labour legislation and administration
- management information systems
- management of change and organisation development
- multinational financial management
- organisational behaviour
- principles of management
- product and brand management
- retail management
- security analysis and portfolio management
- strategic human resource management
- strategic management
- total quality in human resources