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Code: 9E00307a
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MBA (Finance) IV Semester Supplementary Examinations November/December 2017
RISK MANAGEMENT & INSURANCE
(For students admitted in 2014 & 2015 only)
Time: 3 hours
Max. Marks: 60
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Answer any FIVE questions
All questions carry equal marks
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- What do you understand by risk management? Explain the importance of risk management.
- Write detailed notes on:
- Principle of subrogation.
- Principle of utmost good faith.
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- Distinguish the characteristics of insurance contracts.
- Discuss the applications of proximate cause to insurance contracts.
- What do you understand by loss control? Explain in detail optional loss control.
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- Explain various kinds of life policies.
- Explain the structure and present status of insurance industry in India.
- "The basic purpose of derivatives is to provide commitments to prices for future dates for giving against adverse movement in future prices." Discuss and critically examine the statement.
- Discuss the legal provisions governing the relationship between an agent and principal.
- Explain the salient features of any four basic health insurance policies.
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