Download OU BA 2017 2nd Year 5407E Principles of Insurance Question Paper

FirstRanker.com

Code No. 3507/E

FACULTY OF COMMERCE

--- Content provided by FirstRanker.com ---

B.Com (CBCS) III – Semester Examination, November / December 2017

(Common Paper for General/Computers/Computer Applications/ Advertising/Foreign Trade and Tax Procedure Courses)

Skill Enhancement Course-I

Principles of Insurance

Time: 1 ½ hours Max. Marks: 40

--- Content provided by FirstRanker.com ---

Part – A (2 X 5 = 10 Marks)

(Short Answer Type)

Note: Answer any Two of the following questions not exceeding one page each.

1. Meaning of risk
2. Concept of Pooling

--- Content provided by‍ FirstRanker.com ---

3. Reinsurance
4. Linked Policies

Part – B (2 X 15 = 30 Marks)

Note: Answer the following questions not exceeding Four pages each.

1. a) Explain the evolution and nature of insurance.

   OR

   --- Content provided by⁠ FirstRanker.com ---

   b) Explain the various constituents of insurance business.
2. a) Explain the various types of Life and General Insurance products.

   OR

   b) Explain the various principles of insurance.

*****

FirstRanker.com

--- Content provided by‍ FirstRanker.com ---