M.Com-M.Com Insurance Management PRINCIPLES AND PRACTICE OF RISK MANAGEMENT (Alagappa University - Directorate of Distance Education-2010)

DISTANCE EDUCATION
M.Com. (I.M) DEGREE EXAMINATION, MAY 2010.
PRINCIPLES AND PRACTICE OF RISK MANAGEMENT 
(Upto 2006 Batch)
Time : Three hours     Maximum : 100 marks
PART A — (5 × 8 = 40 marks)
Answer any FIVE questions.
1.    Distinguish between coinsurance and Reinsurance.
2.    Explain the usage of theoretical probability distributions. 
3.    What are the objectives of Risk management?
4.    How the risk is adjusted through capital budgeting?
5.    Explain the impact of risk management in corporate policy.
6.    Write a note on cost of risk.
7.    What are the responsibilities of a risk manager?
8.    Explain the ‘‘Expected Loss method’’ in risk management.
PART B — (4 × 15 = 60 marks)
Answer any FOUR questions.
9.    Describe the various methods of handling risks.
10.  Explain the methods of identifying risks.
11.  Explain the various civil liabilities of business houses.
12.  Discuss the various types of ‘property loss’  exposures.
13.  Enumerate the steps in risk management process.
14.  Discuss the contribution of risk management to society.
15.  Explain
(a)         event analysis
(b)         financial risk
(c)         cost risk
(d)        uncertainty
(e)         Risk avoidance.

Earning:  ₹ 6.05/-