Download PTU M.Com 2020 March 4th Sem 72415 Insurance And Risk Management Question Paper

Download PTU (I.K. Gujral Punjab Technical University Jalandhar (IKGPTU) M.Com 2020 March (Master of Commerce) 4th Sem 72415 Insurance And Risk Management Previous Question Paper

1 | M-72415 (S18)-2580

Roll No. Total No. of Pages : 02
Total No. of Questions : 09
M.Com.(Professional) (Sem.?4)
INSURANCE AND RISK MANAGEMENT
Subject Code : MCOPBI-403
M.Code : 72415
Time : 3 Hrs. Max. Marks : 80
INSTRUCTION TO CANDIDATES :
1. SECTIONS-A, B, C & D contains TWO questions carrying FIFTEEN marks each
and students have to attempt any ONE question from each SECTION.
2. SECTION-E is COMPULSORY consisting of TEN questions carrying TWENTY
marks in all.

SECTION-A
1. Discuss the major principles of contract of Insurance in detail.
2. Write a detailed note on the Risk Management Process in detail.
SECTION-B
3. Elaborate the applications of Commercial Risk Management.
4. What is workers compensation and risk financing? Discuss.
SECTION-C
5. Discuss the risk management for homeowners in detail.
6. Discuss the various advantages of Medi-Claim in detail.
SECTION-D
7. Discuss the recent trends in the Indian insurance sector.
8. Discuss the role of IRDA in detail.
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1 | M-72415 (S18)-2580

Roll No. Total No. of Pages : 02
Total No. of Questions : 09
M.Com.(Professional) (Sem.?4)
INSURANCE AND RISK MANAGEMENT
Subject Code : MCOPBI-403
M.Code : 72415
Time : 3 Hrs. Max. Marks : 80
INSTRUCTION TO CANDIDATES :
1. SECTIONS-A, B, C & D contains TWO questions carrying FIFTEEN marks each
and students have to attempt any ONE question from each SECTION.
2. SECTION-E is COMPULSORY consisting of TEN questions carrying TWENTY
marks in all.

SECTION-A
1. Discuss the major principles of contract of Insurance in detail.
2. Write a detailed note on the Risk Management Process in detail.
SECTION-B
3. Elaborate the applications of Commercial Risk Management.
4. What is workers compensation and risk financing? Discuss.
SECTION-C
5. Discuss the risk management for homeowners in detail.
6. Discuss the various advantages of Medi-Claim in detail.
SECTION-D
7. Discuss the recent trends in the Indian insurance sector.
8. Discuss the role of IRDA in detail.
2 | M-72415 (S18)-2580

SECTION-E
9. Write short notes on the following :
a. What is Risk?
b. What is estate planning?
c. What is Liability?
d. What is Insurance?
e. Define Indemnity.
f. What is Personal Risk Management?
g. What is Risk identification?
h. What is Full disclosure?
i. What is Claim?
j. What is IRDA?







NOTE : Disclosure of Identity by writing Mobile No. or Making of passing request on any
page of Answer Sheet will lead to UMC against the Student.
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This post was last modified on 31 March 2020