Jawaharlal Nehru Technological University Hyderabad 2012-5th Sem M.B.A Risk Management and Insurance((E5412) of Iester - Question Paper
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Code No: E5412 -
JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY HYDERABAD MBA - IV Semester Examinations, February -2012 RISK MANAGEMENT AND INSURANCE Time: 3hours Max. Marks: 60
Answer any five questions All questions carry equal marks
1.a) Define Risk and types of Risks.
b) Differentiate between Peril and Hazard and give an example of each.
2.a) Explain in detail various Principles of Insurance?
b) Discuss the role of agents in Insurance business.
3. Discuss the Risk Aversion and Risk Management strategies adopted by Corporations in India.
4. Explain different variations under Whole Life Insurance.
5.a) What are the different Health Insurance Plans?
b) Explain Disability and Medical Expenditure Insurance plans.
6.a) Explain the importance of Insurance Industry in the growth of Indian Economy.
b) Recent Amendments to IRDA Act.
7. How do you protect the Shareholders Wealth with the help of risk Management?
8. Explain in detail any two types of General Insurance products offered in India.
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