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M.Com-M.Com Insurance Management ECONOMICS OF INSURANCE (Alagappa University - Directorate of Distance Education-2010)

Wednesday, 26 June 2013 11:21Jebaprincy
DISTANCE EDUCATION
M.Com. (IM) DEGREE EXAMINATION, MAY 2010
ECONOMICS OF INSURANCE
(Upto 2006 Batch)
Time : Three hours         Maximum : 100 marks
SECTION A — (5 ´ 8 = 40 marks)
Answer any FIVE questions.
All questions carry equal marks.
1.    Explain the nature and scope of Economics.
2.    Describe the meaning of demand of insurance products. 
3.    Explain the nature of supply of insurance products.
4.    Write a short note on the determinants of insurance premium.
5.    What is investible fund? What are its statutory requirements?
6.    State the merits and demerits of privatization measures on insurance.
7.    What is risk retention? Explain it briefly.
8.    Mention the advantages of opening of insurance sector at global level.
SECTION B — (4 ´ 15 = 60 marks)
Answer any FOUR questions.
All questions carry equal marks.
9.    Examine the micro and macro economic parameters of development of a Nation.
10.  Explain the consumers surplus available to insurance policy – holders.
11.  Analyze the factors influencing elasticity of supply to insurance products.
12.  Narrate the various types of insurance premiums and their merits and demerits.
13.  Examine the role of foreign firms in insurance industry in India.
14.  Give a detailed account on partial insurance and captive insurance by business sector.
15.  Analyze the problems and the prospects for insurance sector in India.


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