Thursday, July 28, 2016

NOU BBA Risk and Insurance Management 2015 Question Paper

Nalanda Open University
Annual Examination - 2015
Bachelor in Business Administration (BBA), Part-III
Paper-XIV (Risk and Insurance Management)
Time: 3.00 Hrs. Full Marks: 80
Answer any Five questions. All questions carry equal marks.

1. Discuss the objectives and importance of Insurance.
2. Briefly describe the various insurance organisations working in India.
3. Differentiate life insurance business from general insurance business.
4. What do you mean by marine insurance? What types of risks are covered under it?
5. What is group insurance of life? Describe its characteristics and benefits.
6. What is meant by health insurance? Throw light on different schemes and plans of health insurance.
7. What do you understand by assessment of risk? Explain the methods of assessment.
8. Define indemnity and describe the elements associated with it.
9. Explain the documents which are deemed necessary for payment of claims.
10. Discuss the impact of entry of private companies and direct foreign investment in the insurance sector of India

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