Veer Bahadur Singh Purvanchal University 2010-6th Sem B.B.A (ester) , , Principles of Insurance - Question Paper

B.B.A.(Sixth Semester) Examination, 2010
Subject-Principles of Insurance
Time:Three Hours
Maximum Marks: 70

Note: ans any 5 ques.. All ques. carry equal marks.

1. describe Insurance. discuss the evolution of insurance in India.

2. "Insurance accelreates the process of economic growth." Keeping in view of the statement explain the role of insurance in the economic development of a country.

3. The root of the insurance contract is god faith, define the principles of utmost good faith with suitable example.

4. describe insurable interest. Is insurable interest necessary in all forms of insurance? If so, at what stages?

5. What is life insurance? elaborate various features and principles of life insurance?

6. elaborate various life insurance products available in India? explain the features and suitability of a few major life insurance products.

7. Briefly explain the history of marine insurance. explain various marine insurance policies in India.

8. explain different risks covered under fire insurance. define fire insurance coverage.

9. elaborate different future potential for the growth of insurance sector in India? explain.

10.Discuss the role of IRDA with reference to growth of insurance sector in India.f

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