Exam Details
| Subject | law of insurance (optional-i) | |
| Paper | ||
| Exam / Course | b.a. ll.b. | |
| Department | ||
| Organization | Hidayatullah National Law University | |
| Position | ||
| Exam Date | April, 2018 | |
| City, State | chhattisgarh, raipur |
Question Paper
END TERM EXAMINATION, APRIL-2018 B.A.LL.B. (HONS.) SEMESTER-VIII &X Law of Insurance (Opt.- Max. Marks: 60 Time Allowed: 3:00 Hrs. Note: Answer five questions including Question No.
1 which is compulsory. The number of marks carried by each question is indicated at the end of the question. 1. Answer the following (each answer should be in approximately 100 words): (Marks 2×10=20) a. What is a "contingent contract"? Examine whether all insurance contracts are contingent contract. b. Differentiate between "wagering agreement" and "contract of insurance". c. What do you mean by "material fact"? d. What is "doctrine of reinstatement"? e. What is "reinsurance"? f. Can a Bailee insure the goods bailed? State the reasons. g. Define "Motor Vehicle". h. What do you mean by "Grace period"? i. What is "fire" for the purpose of a fire insurance contract? j. What do you mean by a "floating insurance policy"?
2. From privatization to nationalization and again from nationalization to privatization, in this way the insurance business in India has traveled a long path. In this journey, the insurance law has not only promoted and regulated insurance business but also ensured an orderly growth of insurance business in India. Elucidate. (Marks 10)
3. "The concealment of a material fact though you thought it material or not avoids the policy". In the light of the above statement examine the doctrine of utmost good faith. (Marks 10)
4. Define "insurable interest". Discuss the application of insurable interest in life insurance. (Marks 10)
5. Discuss the law relating to "implied warranties" and "assignment of marine policy". (Marks 10)
6. The doctrines of subrogation and contribution are corollary to the principle of indemnity". Elucidate. (Marks 10)
7. Critically examine the powers and functions of the Insurance Regulatory and Development Authority (Marks 10)
1 which is compulsory. The number of marks carried by each question is indicated at the end of the question. 1. Answer the following (each answer should be in approximately 100 words): (Marks 2×10=20) a. What is a "contingent contract"? Examine whether all insurance contracts are contingent contract. b. Differentiate between "wagering agreement" and "contract of insurance". c. What do you mean by "material fact"? d. What is "doctrine of reinstatement"? e. What is "reinsurance"? f. Can a Bailee insure the goods bailed? State the reasons. g. Define "Motor Vehicle". h. What do you mean by "Grace period"? i. What is "fire" for the purpose of a fire insurance contract? j. What do you mean by a "floating insurance policy"?
2. From privatization to nationalization and again from nationalization to privatization, in this way the insurance business in India has traveled a long path. In this journey, the insurance law has not only promoted and regulated insurance business but also ensured an orderly growth of insurance business in India. Elucidate. (Marks 10)
3. "The concealment of a material fact though you thought it material or not avoids the policy". In the light of the above statement examine the doctrine of utmost good faith. (Marks 10)
4. Define "insurable interest". Discuss the application of insurable interest in life insurance. (Marks 10)
5. Discuss the law relating to "implied warranties" and "assignment of marine policy". (Marks 10)
6. The doctrines of subrogation and contribution are corollary to the principle of indemnity". Elucidate. (Marks 10)
7. Critically examine the powers and functions of the Insurance Regulatory and Development Authority (Marks 10)
Other Question Papers
Subjects
- administrative law
- alternative dispute resolution
- banking law
- banking law (opt.-ii)
- cg (hons.-ii)- judicial review
- civil procedure code (cpc)
- comparative criminal procedure
- compensatory discrimination
- competition law
- constitutional governance-1
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- copyright
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- corporate law-ii
- corporate reconstruction
- corporate regulation
- corporate tax
- criminal justice system
- criminal procedure code (cr. p.c.)
- criminology & penology (opt.-ii)
- criminology & penology (optional-1)
- cyber law (opt.-ii)
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- drafting, pleading and conveyancing
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- english literature
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- general english & legal language
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- indian penal code (ipc)
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- indirect tax (optional-ii)
- intellectual property rights
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- international commercial law
- international investment law
- international trade law
- introduction to sociology
- jurisprudence - i
- jurisprudence-ii
- labour law-i
- labour law-ii
- land laws
- law of contract-ii
- law of evidence
- law of insurance (optional-i)
- law of insurance (optional-ii)
- law of torts
- law, poverty & development (minor)
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- nrit
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- wto