Integral University 2009 Diploma Insurance Management Licentiate - Insurance Business Environment - Question Paper
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cfml WoRTPI MKt LICENTIATE EXAMINATION INSURANCE BUSINESS ENVIRONMENT Tnrcr: 3 "stst ] [xn 3T3i: 100
Time: 3 Hours] [Total Marks : 100
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1. State with reasons whether the following are true or false - 2 each
i) Recession is caused essentially by the flow or availability of money in relation to the availability of goods.
ii) Minor ports are managed by the Central Govt.
iii) Insurance business is a knowledge based business.
iv) Chambers of Commerce are usually constituted separately for geographical areas.
v) The Carriers Act 1 865 defines the rights and liabilities of Shipping Companies.
vi) The Solatium Fund for Hit and Run accidents compensation is financed entirely by the Central Govt.
vii) Bank rate is the rate at which the RBI lends to banks.
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viii) A derivatives transaction does ownership on a future date.
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not transfer ownership but promises T3/T. T. 3H 'irM cl I ci 4 Hi 3TFR C\ fefadd WR ct? STFT |
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Match the following i) Operation Flood -S) ii) NTPC iii) Education iv) CLB v) Mutual Funds vi) Acknowledgement of debt vii) Futures and Options viii) E S IC ix) Investment Contract x) Strategic Alliance xi) CDMA xii) Indexing: |
(IS > V a) Record b)5 NAV cyy Derivatives d) Hospital e) ?) Single Premium Bond i\& Bancassurance g) 5/Thermal Power h) \Companies Act 'b- i) Digital wireless Technology j) <i Commercial Paper k) yj G C 1) Milk |
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iii) CCI iv) DTI
v) WP1 vi) FI CCI
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b) Fill in the blanks: 1 each
i) The exchange rate is important for_trade.
ii) ___represent money lent to the company.
iii) _refers to the general rise in price for reasons other
than the cost of production of the product.
i v) An_is often referred to as the place where business
is carried on.
v) _is the basis of all economics.
vi) An_Clause is incorporated in most of the general
insurance policies.
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4. What are the "Money Market Instruments" available for an individual in 12 the market?
5. a) Slate the important functions in an Insurance Office,
b) Explain the concept of Insurance Councils.
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6. List out the benefits that have accrued to India because of economic reforms. 12
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7. a) State the importance of natural resources available in our Economic 6 each
Environment?
b) Describe in brief the concept of Infrastructure and various forms thereof.
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8. What are the various forms of Business Organisations? ] n
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9. Explain in detail Insurance Business done in abroad. ] 2
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10. What are the objectives of World Trade Organisation? ]2
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- THE END
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| Earning: Approval pending. |
