Guru Gobind Singh Indraprastha Vishwavidyalaya 2011 B.B.A Princle Of Insurance - exam paper
(Please write your Exam Roll No.) Exam Roll No.
____First Semester |BBA(B&l)| December-201 l .........
i Paper Code: BBA(B&I)113 . Subject: Principles o f Insurance | Time'~$lfours . Maximum Marks :75 I Note: Attempt any five questions selecting at least one from each unit.__ _____]
UNIT-I
Define risk and risk management. Describe various types of risk. (15)
Write notes on the following:- (7.5x2)
JpInsurablejrisk _ .........
jJTransfer and pooling of risks
Bring out the relevance of insurance to modern industrial and individuals. (15)
Q4 Who can become the insurance broker? Explain the code of conduct related to insurance broker. (15)
UNIT-III
Q5 Explain how the following contracts are formed:- (15)
(a) Fire insurance
(b) Motor insurance
(c) Liability insurance
(d) Marine insurance
Discuss the following principles of insurance:- (15)
JaPrinciple of utmost good faith iXbflDoctrine of subrogation i Principles of Assignment idf Principle of contribution
jfl/ The concept of social security is the backbone for insurance business. Comment. (15)
Q8 What is health insurance? What are challenges and opportunities for health insurance in India? (15)
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