You are on page 1of 93
BeTa, 2010 water utter AC-21 OCTOBER, 2010 ert cate ASSOCIATESHIP EXAMINATION INFORMATION TECHNOLOGY ana: 3 G2] [qt ate : 100 Time: 3 Hours] [Total Marks : 100 ‘Reett ane veal & sere chart wet oer & 16 ater Sf Peg ae ara wat st ar ae vets WEF 12 sie HT I Answer EIGHT questions only. Question ONE carries 16 marks but this is not compulsory. All other questions carry 12 marks each. Marks 1. Star dtr war cer din aah & “we Us fen” at fT 16 RI 1. Describe the Front Office Systems of a Life Insurance or General Insurance 16 Company. 2. “feet en a gama: sat F oftafia wel at ten wets as st 12 art aes ceed A utah ser ate eter @ Te eee aft auenr ome cet @” | aera sie 569 aT TTA ats eeTTCTA SIN RAGS aT SST MT A BE SHA Her aT Ate BL 2. "Binary Coded Decimal (B C D) is conversion of each decimal digit (ina 12 decimal number) into a binary code. This is simpler than converting the whole decimal number into binary form. But B C D occupies more space in the computer." Discuss this with respect to Decimal number 569 by actually working outthe B C D and finding the equivalent Binary number. 3. Fer vet sane & ae Ff frafefad at caren a 12 B) are after : a) sa va a) sae 3) ufrat 2 AC 2 In the context of a Data flow Diagram, what is : 12 ) External Entity i) Dataflow ii) Datastore iv) Process. free at (wets ar 1 31) ) wha a) Aeafer i) a a) wa ai) Pega fea ae a) me, ae, oe oT ae aT iv) aR. ot. at wa 2) festea art vy had 2) we ts acide vi) Titex %) TT vi) <7 @ aad aan vil) Herpetet mn) oremg AAT ix) aatttex a) Great aad x) &. &. ater a) mt den 4 shies wale x) wa ag B) | fecra oreT (aisetstiT) xi) 32 a) fre Match the following : leach i) FlowChart a) Networking i) LAN b) SQL ii) Visual Display Unit c) Draws graphs, maps, charts and pictures ivy) RDBMS d) Digital computer vy) DIP e) FrontEnd Application vil) Plotter ) Information vi) RAM g) TVlikedisplay screen viii) Calculator h) Temporary memory ix) Thermometer Analog computer x) NBModule j) Integrated Circuits in large numbers xi) VLSI k) Publish a Book xi) Data D Symbols 3 AC -21 afer fevaftrat fea : (wate % 4 sie) a) wed ata (ae) 3) saahreret ofrenr a) wat ats Write short notes on : a) Software testing b) Usertraining c) ASCII Code we dh sort 4 snes anettes dae at seaifie at ore athe Explain the utility of an Office Automation Package in an insurance company. H) VMAs HOT 1334 aT Sea ae TATE as Site a) | Hames ar seat aed EE O11 10011 Ft 10101010 3 wea ®) frafafad sat der st area wages 4 oftafda stste ) 11000011 i) ~— 10111101 a) Find the hexadecimal equivalent of decimal number 1334 b) Subtract 01110011 from 10101010 using one's complement. c) Convert the below mentioned binary numbers to its decimal equivalent. i) 11000011 i) 10111101 a) fra at wean :- ) amen eas a one wet at we ae we at ce i) weet tt & anged aaa aartiat i) afras smeten firen & fret ae UH ite arate fier Breer afters watt fren srt 31 iv) Seaatel aa aeita arneit & ata at aret v) ae Winer fret Weegee st we ore ayer fear aT eI vi) om. ot. fh. wy. ue. Ff waa a aret oars (AN) TT a) aera GeT 455 a aieee wager ae BHT a) ds aiveft dart er 2? 4each AU 8. 4 AC -21 a) Identify the following : i) Ability of the operating system to perform various tasks simultaneously. i) Technology used in Sth generation computers. il) A popular operating system widely used and similar to the Unix operating System. iv) This language lies between the High Level language and Machine Language. y) The process by which attributes are grouped together to form a well- structured relation vi) Query Language used in a Relational detabase Management System. b) Find the octal equivalent of decimal number 455 ) Whatis Read Only Memory? waerat at aadt iq sent xyz 3 we wftat oer ar arate feat TAR a Tae 8 wt Wee at =A sis ore GA aTeT aint 4 =praH 50% anata F AAT 50% ai afta F oft =pATA 50% salad cat favat F sraiat ar abraet 180 (60%) ear afeel amet sent s4 genta at sen (am, srpenin war gras) ot at Sag 2 St aeacER & fre Suga ae e1 TS Weare at fers fre at eq, waite dar asia Company XYZ is conducting a Competitive Test in its recruitment drive for the post of Executives. To be eligible for the interview a candidate has to secure the below mentioned marks in the tests. Minimum 50% in English Minimum 50% in General Knowledge and Minimum 50% in Mathematics. The aggregate marks of the above three subjects should be atleast 180 (60%). Initially the Company is interested to know the number of candidates (with their names, roll numbers and marks scored) who are not eligible for the interview. Prepare a flow chart to print the list of such candidates. 6 12 12 a) . a) b) 5 AC -21 (was % 6 Gi) . HD tea uftar eek & waaa oF are aere Tatat ar aots ae cia often teak a etal ar aroha wer Mention some relevant applications which can be used ina local Area 6 each Network. List out the drawbacks of Local Area Networks. memes 20, it rmefra wa Al -22 fea dtr cinta ASSOCIATESHIP EXAMINATION LIFE ASSURANCE UNDERWRITING wma: 3 ae] (eet ate : 100 Time: 3 Hours} [Total Marks : 100 fardt one veal & sere aif 1 gers oes & 16 ate e ford ae ara wet eI ora ae ude ver 12 sie HE Answer EIGHT questions only. Question ONE carries 16 marks but this is not compulsory. Alll other questions carry 12 marks each, 1. Preafefad we afera fect feftac:- (ori 4 oF) SB) STe-Sifer sree aT es a) wae orfattar stftar a) fistaey fea 3 agent do at area 1. Write short notes on :- 4each a) Ageasan underwriting factor. b) Constant extra risks c) Lindquist's Rule d) Theneed for partnership insurance. 2. 3%) th fatefear aan, fret ft wan 3 ae eR aT oe eT SOT - BE 6 wt a) fr ar ye afer F afta ered at fade ae: (wets % 2 aia) Dd ‘axt i) ‘px’ it) ‘ex’ 2, a) Thenon-medical selection does not in any way lower the standard of 6 selection. - Elaborate. b) Explain briefly the following functions shown by mortality tables each ) ax" i) ‘px’ i) ‘ex’ 2 AL -22 Gira ate fered :- (acta & 4 sie) a) a) a) aitferer fare watt Star dhn sifear onc f utente fact a aecT Write short notes on :- 4each a) b) °) %) a) 1) a) b) °) Cataract Emphysema Significance of family history in life assurance underwriting, Fafeterr ofatter ame: sat ad sere oT aad? Fae } ST 4 at ore sf! fra ar fereqa wo fear :- (arte a7 1 oie) ) tt dt. i) oat ot a) zt G3. we) iv) UH. Ht. a. . ae aaftras aot aA Sea TRTETT aa sift alga tere aT St 4 OT watt 82 sre aaa? Explain why the medical extras in general are not removable? 4 Expand the following abbreviations Leach ) CBC i) ECG ii) Tee iv) FBS State the reasons whether we can give policy with lien in case of overweight 4 orhigherB. P. . Seater eq meme wer fafa Rate F frafean gat srr 2-12 %) a) i) ¥) a) yer ster > a 34 af aaa 2 Pavaferenera ferers aiser wen aft: 27 af at araft 2q adtant dar venfad at gt: -&.6,00,000 a thr > R1 are, 25 af safe ataett der B) Uae frat a) cafeara fafa a) afer freer 3 we af ye 54 af at nq 4 fac at gaa W713 4m, 60 affa ann ars cae aeT Sista 21 i) 45% afte as EMR +45 il) TRTATT (139/89) ii) Tafren - ate F frm afte TH, aed or aa (-) 6. wefan otaa at re te ar cta att at oer? eq a le: TT Fe wat at sifar anne &q fre afaftar orrart at stave @, cif Fa wea aR fear ST was aR wre sraTHATE way SHY Pagan way aA 2 at are stata Protea ‘The following information is available from the proposal and the medical report submitted for Life Insurance. a) b) ©) d) °) f 9 h) Male Life Occupation Plan & Term Sum proposed Annual Income Previous Insurance Family History Personal Condition Personal History Age 34 years Lecturer in college Endowment Assurance with term 27 years Rs. 6 Lacs. Rs. 4 Lacs. Rs. 1 Lacunder Endowment Assurance with term 25 years. One year back father died of Coronary Attack at age 54 years, Mother living at age 60 years, health good. i) Overweight 45% EMR +45 i) B.P. reading 139/89 il) Myopia - Power of glasses in each eye minus6. : The life proposed had an acute attack of Laryngititis. He is Completely cured. Mention what additional information and requirements are necessary to consider the proposal and give your underwriting decision if requirements are in order and found normal. AL -22 12 4 AL -22 (aetH % 3 sie) afar Far se Tea cateret % fra Ars a waz, aT ae ArT ore fs area at ares aes @, sites arepers aise dats F eae Sse at sift are Tay Sea aT Sr Ae F Sifter ares ar Fed 2? ) Yeu sien: omy -27 af orate - 33 af @) oister : aq -26 a8 mgde wf F chara 7) yea sian: amy -33 af a) tise : amy -45 af araft - 25 af ator et arr aft AK - EMR +40 GST - ST aaa sat SPTAR - EMR +25 ater - acta HeTAR - EMR +65 atert - of star faenert & sreanftear af AR - EMR +20 Given below are case studies of overweight and underweight proposers. 3 each ‘State how an underwriter should deal with these cases assuming all other aspects tobenormal. Explain briefly the significance of overweight and underweight in underwriting these cases. a) Malelife : Age - 27 years Tem - 33 yrs. b) FemaleLife: Age - 26years Working as an accountant inprivate firm c) Malelife : Age - 33 years d) FemaleLife: Age - 45 years Tem - 25yrs. Plan - Money Back Overweight - EMR +40 Plan - Double Cover Endowment Underweight - EMR +25 Plan- Endowment Underweight - EMR +65 Plan- Whole Life Working as a school teacher Overweight - EMR +20 (was % 3 31%) i) Fe san suas sor iv) Ber ata sfatter 5 AL -22 Write short notes on the following :- 3each a) Occupational Hazards b) Standard and substandard lives ©) Advantages of Numerical Rating Method d) Removable Extras. a) of stan & sift one af fafa aftr ar acta ati (wes 6 at) a) street aro of star 1 ata ot te ong ae 2? a) Whatis the underwriting process for different categories of female lives? 6 each b) What are the restrictions imposed on female lives by the insurers? Prefered wnftttes ate ar ater sitters orevert HF ae meer 8? ERIKS) *) oT @ met @) ama qT) averaty wie Whats the underwriting significance in respect of the following impairments? 3 each a) Bhronctictis b) Arteriosclerosis, c) Rheumatism d) Orchitis %) WH rate HHS fae ha a aes 2 St aa shaw ahr } fare Tam Bt 27 6 a) frefetad wits asi & sere area dtm vendt ar frst Be fear aren 8? (ats ar frac Sar srawas aE 2) (wate & 2 at) ) Fat : i) apa ee ii) STATS het ). a) Whatare the factors which determine the eligibility of a diabetic person to 6 take life assurance? b) How proposals with the following history of impairments will be dealt 2 each with? (Description of diseases not required) i) Dyspepsia i) Hepatitis, ii) Appendicitis. BATA, 2010 watireetert ater AL-23 OCTOBER, 2010 sftaa dtr & vant ASSOCIATESHIP EXAMINATION APPLICATION OF LIFE ASSURANCE ama: 3 8S] [aot ate : 100 ‘Time: 3 Hours} [Total Marks : 100 fait one Uysal & ser stra | gas THA H 16 aie & ferg we Pract ate ara wet Was We 12 se HS AnswerEIGHT questions only. Question ONE carries 16 marks but this is not compulsory. All other questions carry 12 marks each. Marks 1. faraftaftan 8 Pad are 1 after fevattrat at 3 (weiss & 4 sim) %) agra x @) wads sfeato wae area afer staf n) aaa a) der far 3) Fag Seen Str aire 1. Write short notes on any four :- 4each a) Experience Rating b) "Free look provision" or Cooling-off period. ©) Nomination 4) Direct Marketing e) Group Creditor Insurance Schemes. 2, “em safe a a at aaa a we onbties aoe ar Frater ae ae st 12 cafés fae @ star dtr ar are eaET AT OT as" Seta ans ape arpafta fate fata cartat ar sete BT BE SIT ated are aisias 2. “Earning Power of an individual alone does not create an economic value that 12 can logically serve as the basis of Life Insurance”. Illustrate. ‘the above statement giving various techniques developed to estimate the above value accurately. %) a) a) b) *) a) a) b) ®) a) a) b) %) a) a) b) ) a) a) b) 2 AL -23 (aes & 6 ie) onda after afira 1872 % seria afaat % sraeas act at fadaar tific ‘ater afer’ wer fasts wa at afar oi deta A aol at State essential elements of Contract as per Indian Contract Act, 1872. 6 each ‘Insurance Contract’ is a specialised Contract - Discuss briefly. (wats % 6 31%) sata Gen afer 1986 a SrreaTs (Tea) HT SNOT I? ‘sritam Tan aah’ & at ee shen tear at Pasa wit areas 8? What are the reasons for inactment of Consumer Protection Act, 1986? 6 each Why it is necessary to appoint Insurance Ombudsman, when Consumer Protection Act is already there? ‘wae vifter’ staat ‘orate vifter’ ae 2? 3 ‘wea Mitre! % wets aa at TOT et EE STS aT 9 What is 'Gross Premium or ‘Office Premium’? 3 Enumerate Elements of 'Gross Premium’ and explain each of them. 9 Prats & sara afta at watt at ere at? (wets & 6 at) Patties (aftr wae) wen vat srazan 2? Explain the nature of Gratuity Liability of employer. 6 each Why is it necessary to make funding (Advanced Provision)? Aaa Fat Stor at were H tts aan ataera ef? fata St! 3 aaa wa aoa walter meres way erates VEST BT TT 9 aisizi What is the idea behind introduction of Salary Saving Scheme? 3 Discuss administration and administrative problems of Salary Saving 9 Scheme. 10. 10. %) a) a) b) a) a) a) b) %) a) b) 3 AL -23 aad org at ons aremsit a seca aise 8 age ary at anf aremait ar Franco Se ferent wa eg? 4 Explain economic problems of aging. 8 How to overcome economic problem of aging? pein at caret at 3 pier at fata vafrat ere Bt 9 Define 'Re-insurance'. 3 Discuss various methods of Re-insurance. 9 Hemet Bt after FS BT (arte & 6 af) fom Patra we Prava ait nent a Prada eq afer at fraaa at Explain ole of the intermediaries. 6each Briefly enumerate regulation on methods of selling and control of intermediaries. arr, 2010 watiretara utter in OCTOBER, 2010 ‘ “ftert oft ar dere wer ASSOCIATESHIP EXAMINATION LEGAL ASPECTS OF LIFE ASSURANCE wre: 3 ae] [eet 3% : 100 Time: 3 Hours] {Total Marks : 100 eret arte get & sere attra | weer wer a 16 staf Parg ae arfrart wet B1 ara att veda Wer 12 HHT Answer EIGHT questions only. Question ONE carries 16 marks but this is not compulsory. Alll other questions carry 12 marks each. Marks 1, Preaferttan 8 fret are a afer feoutraf ferfeag :- (wets % 4 aie) %) SIE @) tre 1) ated warn wa a) we Tafa 3) ated a frat 1, Write short notes on any four of the following :- 4each a) Suicide b) Arbitration c) Probate of will d) Utmost good faith ©) Principle of Indemnity. 2. %) dhafer aw am aftr #7 2 @) dtm dear Ff ae sat srazas Fat 2? 2 un) Sherdta afar sik arart ates after af ge at we fee dr eT? 2 a) frafettad amet # dated at ftert wet aH atet 2, sa areMEU : i) frataer - anfar (wet 12 af) i) Waan at ae-aeR & star ii) Wart, vest & oftat iv) GreWaren & stor a) b) 0) d) %) a) a) b) %) 2 AL -24 ‘What is meant by insurable interest? 2 Why it is essential in insurance contract? 2 ‘When it should exist in Life insurance contract and Non-life insurance 2 contract? Explain the extent of insurable interest exist in following cases :- Ieach i) Employer-employee. i) Partner on the life of co-partner. iti) Surety on the life of co-surety. iv) Creditor on the life of debtor. Starter afeer ¥ ‘seem ferera’ & aan attra 8? gaat we, 6 went att faerna, aft ate a at 2 aa 2? SRT Beat wreMET fe eat fe eter fetes aren Pree amet # 2 2? (arte % 2 3%) ) oft ‘one we ang. S. ara 3 one stan & ot Tet at ifort & gat wifes af 3 Arr & aro saree aR at ) fw ara hod is Ste as atts hk faset Pra a, saat yey a eh ii) oft @ us fear sa ah Ga a am aR TT a BITS Het a saat ey a Teh ‘What is meant by ‘Disability Benefit’ under life insurance contract? What 6 are it’s terms, conditions and exclusions if, any? Explain with reasons whether double accident benefit claim under following cases would be admissible. each i) Mr R'an1.T. Engineer committed suicide due to frustration in 2nd policy year of insurance policy onhis life. i) Mr.'S'ashephard while standing under Baniyan tree died due to fall of lightening on tree. ii) Mr. 'T anagriculturist while working in his field died due to serpant bite. (was % 6 1%) Tres dem atti 1986 & sivts te eta de ase, ea ‘often & sina eet & dete & arn at wet @ faa ae afte wareenet et war é, weTEUI a) a) b) 3) @) a) b) 3 ‘citer ame fea Wear fafrar 2002’ 3 ‘staft-mir 3% we aa fran at ores fen 21 ae fan aan 8? satan faftan & site a fara en wae fra 1a 2? The three tier redressal machinery provided under Consumer Protection Act, 1986 after recent amendments made under the 'Act' has made it more effective, elucidate. ‘Protection of Policyholders interest Regulation, 2002' has introduced new concept of ‘cooling of period’, what is this concept? What are the provisions made in this respect under above regulations? air aftfrerr 1938 at unt 39 F Us vitae a aMieg at at yet fate aad weft 21 arated & draft fata wae at WET! AL -24 6 each freafeaftac arett ater eran Fareed firetar (wets % 2 aia) ) At CF steadier oifeet F aret oot at arnifed Pram ada 4 sar ferent f ifort & stata aren saat fear gt at fear ara : i) Ue Shardhe siferst 16.2.2010 at oftuaa eg ater Set pra wal ax wat | oiferteres at yey 18.2.2010 at at wa ii) ot water 3 uw afer feared et coer afta & sient ot of St 18.4.2010 at arama & fore utuaer et weit Section 39 of the Insurance Act, 1938, gives a complete code for nomination by a policyholder. Explain the various provisions relating to nomination. Who will be entitled for insurance claim in the following cases :- i) Mr.‘A’nominated his wife for the life insurance policy. In the will he had stated that the claim under the policy should be paid to his widowed daughter. i) A life insurance policy matured on 16.2.2010. Insurance Company failed to release the payment. The policyholder died on 18.2.2010. iti) Mr. Saxena had taken a policy under M. W. P. Act which matured for payment on 18.4.2010. 2each %) a) a) b) %) 1) a) b) 9 4 (wats arate aferar after 1872 % sient ‘wae’ Baer aaftarr @? See TPT Fa 8? aT fer here ar aS orgs SpA cry fae aT waa @? ae ter é, at fea erent A ter at aaa 2? raat ST 1961 (see Sete H arqER) & sits fae Te fad stcredt at stercter wa arate fatratsrat # fatratos wel & fae aaa we sates Pratt & fer aftr Star aT 8? ‘What is meant by ‘consideration’ under Indian Contract Act, 1872, what are its attributes? Whether an agreement without consideration is enforceable? If, so under which circumstances? State financial incentives provided under Income Tax Act, 1961 (as per latest amendments) for investment in life insurance and alike investments? What is it's maximum limit for an individual assessee? aftaer ak arated a ait FAT ane & stearate vifettat set aes Prerentea 2? geet ter sift 1938 at ere 45 & sinta otitis maui & def F rereT! At SF staan & fer wa wea 20.2.2008 a weyA fara uiferet at 11.1.2008 at froet atte & are feat ran href 3 28.2.2008 at WeHa at Sige set ar Prof ferns wafer wife aI 10.3.2008 at Unt eam! fafota srarent WHA a STE aarge fe ster safer 1938 at aT 45 & fee 2 af at orate fea arta & fit sa? Bring out difference between Representation and Warranty. How far life insurance policies are indisputable in India? Explain this with reference to relevant provisions made under Section 45 of Insurance Act, 1938? Mr'G' submitted proposal for life insurance on 20.2.2008, policy was back dated w. e. f. 11.1.2008. Insurer took decision to accept proposal on 28.2.2008. Formal policy bond was issued on 10.3.2008. State on the basis of decided court case, 2yrs. period for the purpose of Section 45 of Insurance Act, 1938 is to be counted from which date? AL -24 36 a) 6 each ew 5 AL -24 ; (aris & 6 ae) 8. &) wage an 8? aye staadher ait aren seater & ae aa ait 2? fad 3 var at ang dh atsenail a sete atte st ter art snr Sar War at ot e1 @) ae aden, amifent, ara ) soe i) Wie ii) Garfern @ at dtr sort a ad ar ra att? 8. a) Whatis group insurance? Bring out the difference between Group Life 6 each Insurance and Ordinary Life Insurance. Name any 3 types of Group Insurance Schemes generally offered by Insurance Company. b) _Ifclaimant, nominee/assignee is : Minor a ne ii) Insolvent How insurance company will settle claim? 9. %) i) aftreat ae alan F stat amu 3 i) were ‘aq Ofte wean eH amen wow oh afte 3 at after at SagIET a) arent er 2? aepet arent att wert arent ar sia ATT! FAT 6 aan raf cifent & sinta aovario qa a wart é, ae tare at fa wa? 9. a) i) Distinguish between Agent and Servant. 3 i) Explain role of an Agent on the basis of maxim ‘Qui Facit per alium 3 perse’. b) What is assignment? Bring out difference between Absolute Assignment 6 and Conditional Assignment? Whether conditional assignee can raise loan/ surrender value under policy, If so, how? 6 AL -24 10. fardét are wm Bier fecaftrat feiac:- (aes & 3 aim) =) wifattres fate @) Fates ares & afta a Arar a) aadaga Wier 3) omelet 10. Write short notes on any four :~ 3 each a) Statute Law b) Powers of Supreme Court c) Valuation d) Consensus Adidem e) Gamishee. Zs? : sift AL-25 San wit attest dtr var ASSOCIATESHIP EXAMINATION LIFE ASSURANCE MANAGEMENT are :3 de] [eet afm : 100 Time: 3 Hours] [Total Marks : 100 ferét one vest & sar attra | vert ger & 16 sien E fag ae aihrard wet e 1 wer wat Wetes Wer 12 via Het Answer EIGHT questions only. Question ONE carries 16 marks but this is not compulsory. All other questions carry 12 marks each, Marks (eae 8 Bim) 1 3) orton’ & yy seve sar 2? ard at fates fate a wat atfae @) ‘orem’ @t fe var atartel & fee sivas fran sat waa fear aT aera 2? 1. a) Whatare the main objectives of "Work Measurement"? Discuss the various 8 each techniques of work measurement. b) How "Work Measurement" can be utilized in designing incentive scheme for the employees? 2. BR aT ; (arte 4 3s) &) ame fan ak art Ha BT a) ard actor sik arf aera 7M) SPRL TUM (TH. Se) Ue, Soy, US sales! St Te! 2. — Distinguish between : 4each a) Cost Control and Cost Reduction * b) Job Simplification and Job Enrichment ©) Security of Computers (HW) and Security of SW and Data. 2 AL 25 arnt afer aay fe frafatian raw aa t aI araeT : (arte % 2 am) &) stea dhn afer, aafagit-afaer ae 21 &) whose at aha @ are wet of iter a gfe sam ware & are & fan fer aT waa 21 7) we Yo sven ufferst & starts viferst at oft area amet & fare feet cafee a amis ax aera 21 4) faced eh arr afetran & siete oft wet vitae oe vif BRT aan ferent ST Bea B | 3) wg stn ahet & sila aaa wy 8 weiss eet at vena a wer a sree wet ett 3) ‘orm mes at safer’ 3 fram ater citer we ary ata Bi State with reasons which of the statements given below are true or false. 2each a) Life insurance contract is not a contract of indemnity. b) Apolicy can be revived without evidence of good health within twelve months preceding the date of maturity. ©) Anabsolute assignee can nominate a person to receive claim proceeds underthe policy, . d) Loan can be raised by the Life assured under MWPAct policy. ©) Proposal papers are not required to be completed by individual members under a Group Insurance Scheme. {) Know Your Customer (KYC) norms are applicable to insurance policy. &) ‘Wet yar’ at daa 4 wal afte (aeae & 6 siz) @) & 74 denlta star dh sert & fae fea yan at wea Woe sft eh? ga wa H cra & wre eile ast (ate aie st) We vere Sree a) Discuss in brief the "Types of Organisation”. 6 each b) Whattype of organizational structure will be suitable toa newly established life insurance company? Discuss the advantages and disadvantages (if any) of such organization. %) a) a) b) 5) a) a) b) 3 AL -25 (arte & 6 3m) “gare water & fare ayeh & aera at Ha we at aT TET” art & seca at dao F aenec wart Tet & fae ats at eared 8? "The importance of Delegation for effective management can notbe 6each underestimated". Explain briefly the importance of Delegation. What are the barriers for effective Delegation? . : : (wee % 6 He) aaa wad ater & ateta wife a cer fecal: & fat art at dau F aati ator sort ae ain @ aan sort aee red Racal ae af aah Sat Tae ater & cifeercet arecte at awe fee aT a Explain briefly the various causes/reasons for gapsinSSSPremium? — 6 each What steps must be taken by the Insurance Company to reduce the gaps and thereby the discontent of S S S Policyholders? (Fas % 3 se) we titers ares st eq 18.08.2009 at et wet Sar aes sitar we te uiferfeat 10.01.2001, 15.10.2005 ait 28.12.2007 at ef ff st was we cre at eft *) a) i) ¥) aden @ aia 8 aar-wea Ha afew? war ag chat vifeeat & few sremt-atert erat waa AAT? aa a chad ciferdt & fase a ata-asaret ett? aa wet at vifeteat & siefs ara UH are ehtepe Sit aT aterT-aterT? A Policyholder died on 18.08.2009, had three policies on his life taken on 10th 3 each January 2001; 158 October 2005 and 28th December 2007 respectively each forone lakh. a) b) ° d) Which claim forms could be called for from the Claimant? Would you obtain/seek seperate claim form for the three Policies? Would you make enquiries in respect of 3rd Policy? Whether all the claims under all three policies admitted at the same time or seperately? a) b) a) 7) b) o 10. %) a) b) 4 AL -25, aera ara aot a faa sort or art weet & fava F 5 wae Wee Waa BN Hee wed ahah BH Tale fea Mea Welers-arelt eT 1 ddet 2 fra 2 Describe the steps involved in instituting diciplinary procedure. In what ways Counsellor-Counsellee relationship is different from the 7 Manager-Subordinate relationship? frizn-wred! & a séxq 2? (wets % 4 sta) amy ae fsa van fraifte att fe ora fora aratera/faart a area @, a4 Fria oreg at aiedtaar €? ames far ft aaaa Peet ot oreo at caf afte sik ae aETET 3H OVER & oreo at ara He Pedant war & fee org en afar saat? ‘What are the objectives of Forms of Control? 4each How do establish that there is scope for Control of forms in the office/ department in which you are involved? Describe any one form in use in your Department and explain what role you could adopt for Controlling Abilities of such forms? we hn seri & feria arate @ fata fear at qfrareit st 8 wef afte ot at dhereit, aco ak diet at ord fate 1 fem waa 3 a art aa zg sated ard orett F frame (ster Fares fens ofet) at ae 4 after 2? Describe the role of various departments in the corporate office of an 8 insurance company responsible for designing new plans, marketing and monitoring the performance of the plan. What is the role of regulator (IRDA) in the above activities? 4 HAT, 2010 OCTOBER, 2010 Uatreetira wttent ates after faret ASSOCIATESHIP EXAMINATION LIFE ASSURANCE FINANCE ara: 382] Time: 3 Hours] AL-26 [get ate : 100 [Total Marks : 100 fare are west ser Ere 1 wane ve Bs 16 ates Rye ante eh at aut votes Wer 12 HHT Answer EIGHT questions only. Question ONE carries 16 marks but this is not compulsory. Al other questions carry 12 marks each. 1 Baa &n cies deditea doet fe. at Gear ate @ Arata ae 31.03.2010 a aera 7a 81 Geen was Gr at feet ah aferar 1938 ane fratfta srea F FAT! (era 000’) aren vite at wat &. =. afteat ta 24,200 arhaftal st sifirt 1,800 sift srt 3,200 aftatar 3,730 - aftatat tara ater : 1,550 ee ata 800 - wae ud dep at 7,250 ary aeat 22,520 afta erat 39,170 atraatat at adhe 6,230 - afta qaafa 3 aie e 527 eager aitatat oe ufret - 9,200 arte aadt ofa 180 - wae oy 2,990 SRT 7,160 - wert af opr sitter - 52,800 ararata wea 29,200 - AL -26 2 thar vite art wat &. &. are wfaafeal fatratsra 9,20,300 . SIs, AMT we feat a 57,800 iterate az 39,510 - Sere WATT 830 - ites ater - 8,31,646 let ae 7,200 - Fart Fey at . 4,530 ware ufos et 13,390 HM sara ard wftetfiaa a - 4,112 wate & fear & arr : 925 aiferet stat THA - 23,100 ater wifterr - 96,250 aiff qrafar vite 1,712 . ant 6,315 - ait ystt . 35,000 fafar arate 3,133 - wader 1,230 - ‘ferferet STAT 2,170 - Her: - 11,30,830 11,30,830 Prafitar wari art ¥ :- (®. 000’ #) 1) Fett ernge ® - sania wate a 590 - ARERR 1,440 TTT 286 2) aT am fer wae afte 3,280 3) aera ater aT rarer afte 124 4) Fan wees or a waar afte 59 5) areiter ud afer suit @q eT 103 6) yaaa AST 20 71) afte ater fret 70 3 Following Balances appear in the books of Seven Star Life Insurance Company Ltd, as at 31-03-2010. Prepare Revenue Account and Balance Sheet as per forms prescribed under Insurance Act 1938, AL -26 16 (Rs. 000») Head of Account (Debit) (Credit) Rs. Rs. Agents Balances 24,200 - Advances to Employees 1,800 Advance Income Tax 3,200 Annuities 3,730 7 Annuities Due and unpaid - 1,550 Bonus in cash 800 : Cash and Bank Balances 7,250 Claims by death . 22,520 - Claims by maturity 39,170 - Commission to Agents 6,230 : Commission on Reinsurance ceded - 527 Consideration for Annuities (Granted) e 9,200 Cash in transit Insurance 180 : Expenses of Management 2,990 - Furniture and Fixtures 7,160 7 First year Premium : 52,800 House Property 29,200 : Investments in Approved Securities 920,300 - Interest, Dividend and Rent - 57,800 Loan on Policies 39,510 _ Loan on Mortgage 830 - Life Fund - 8,31,646 Motor Cars 7,200 2 Outstanding Claims - Death - 4,530 Ontstanding Claims Maturity Old outstanding Claims written back Profit on sale of Assets Policy Deposits Renewal Premium Reinsurance Premium Ceded Salaries. Share Capital Sundry Debtors Surrenders Sundry Deposits Total : - 4 AL -26 Following Adjustments are to be considered - (Rs. 000’) 1) Provide Depreciation on: = House Property 590 = Motor Car 1,440 - Furniture and Fixtures 286 2) Provide for I. Tax 3,280 3) Provide for o/s Commission 124 4) Provide o/s Expenses of management 59 5) Transfer for Reserve for Bad & Doubtful Debts 103 6) Prepaid Rent 20 7) RentReceived in Advance 70 2. %) water & fava a ite qatar feapa & fan a date a fear 4 fesftui @) ted wh we sort at afd Y sraeem ofa wfafat after 8 i) wid afer aed & fee &. 6,000 ar aneet farm 21 i) 68,000 syeR aa & fore ster fear rar Aer yet a ET wa va-tara & fer are feeen ram) sah fee ye gER wha FART! ii) Fed Uwe sent at &.20,000 sh 622,000 & faa fer qufeen aera feet Ta wv) &.7,00,000 at atna at atet ar wy 5% at sett ar WET wet 21 v) BA B.20,000 % fed wa ag F J &.4,000 arnet fart a fee 1 : vi) i wae at 2a ae &.12,000 #1 maar RTL vi) #5 4 6.57 da yoR aM fear vit) FA. ae at 10,000 Gare & fare safer faq 7 2. a) Give a brief description about Re-insurance ceded and Re-insurance 4 accepted. b) Pass necessary journal entries in the books of M/s Ram and Company. 8 i) Ramhas drawn Rs.6,000 for personal use. i) Amount of Rs.8,000 paid for purchase of furniture but wrongly debited to Repairs and Maintenance - pass rectification entry. i AL -26 il) Rs.20,000 paid to M/s A and Co. in full and final settlement of their bill for Rs.22,000. iv) Depreciation at the rate of 5% is to be provided for on Motor Car - value Rs.7,00,000 v) Out of total rent paid Rs.20,000, Rs.4,000 is for next financial year. vi) Provide for salary payable to Mr. X Rs. 12,000. vii) Bank has debited Bank Charges of Rs.57 viii) Rs.10,000 paid to Mr. Y on account of advance for painting. 3. de aaa : a) ‘fsaws gre’ ait ‘sitargre’ ar ick aaETI 3 @) ot fer. Ht aa at F 30.3.2010 & &. 28,000 a at eta fear 9 Tran de fan at aia act wx frafead feeinftat der aera faa aart & weet ost rea: i) Fe SRT 6.128 aw tH yore aren Tar faa ore aE ae fora 21 i) &. 25,000 a 28.3.2010 at we at TR eH eH BHT 5.4.2010 at on at wet ii) Fam are &. 3,000 at son at Se aa omted #7 wv) Pa ST UR aH aT S310 St Gt oT ae FRA TA v) ©. 4,100 a dferata fact fet a onterqan da arr stat ae fear rear fad ae af act a1 vi) Tad vam we ser ar ©. 3,990 atm at Sam fat h TAT & faw ara fea 7a ‘ vil) ©. 1,530 at Sa fared da F sn fear war sik sae wea at ae Fon ra, 38 yer a aaa ae Fw. 5,130 af Rear eT vil) &. 9,130 ot 3% ord at ei a a ora aT & fer adi tt cial 3. Bank Reconciliation - a) State difference between : 3 ‘Demand Draft’ and ‘Overdraft’ 6 AL -26 b) The Cash Book of Zee Ltd showed balance of Rs.28,000 Dr. as on 9 31.3.2010. On scrutiny of Bank Statement, following descrepencies were found. Prepare Bank Reconciliation Statement: i) Bank debited bank charges Rs.128 yet to be recorded in Cash Book. ii) Cheque of Rs.25,000 deposited on 28.3.10 was credited by bank on Sth April 2010. ili) Cheque of Rs.3000 credited by bank now dishonoured. iv) Interest on F. D. directly credited by Bank Rs.310. v) Telephone bill of Rs.4,100 settled by bank as per standing instructions, yet to be recorded in Books. vi) M/s Shyam & Co. transferred Rs.3,990 to Bank in settlement of their Bill. vii) Cheque of Rs.1,530 deposited in bank and realised was wrongly entered in Cash Book as Rs.5,130. viii) Cheques issued for Rs.9130 not yet presented for payment. AR FART :~ (wats & 4 im) i) ortaftes Fretamr wa aafafte Gear der i) [Sita a wd wee ii) Pasa cratered wi faa — aad antigens Distinguish between : 4each i) Internal Control and Internal Audit. i) Capital Expenditure and Revenue Expenditure. iti) Cum-Dividend/Interest on Investment and Ex-Dividend/Interest op + Investments Prefered oe dfard fecftrat fatac :- (arte % 3 afm) i) fafar wre aq ii) Stan ater fate ii) Whrerea rat iv) Fern wife 7 _ Write short notes on the following: 3 each i) i) iil) iv) i) ii) ii) ) a it) i) ii) i ) ii) itl) Deferred Revenue Expenditure Life Assurance Fund Inflation Accounting Outstanding Premium. Sterdte ait dtr & arr aeut ar sia fafa! (wets % 4 atm) yates sites Ty ws fara fect feaT aye fer war eit 2? Write the difference between life Assurance and other form of Assurances. 4 each Write a brief note on Valuation Surplus. What are the types of budget.? fats tea thn aire & fava a data F amc (wets % 4 ata) Sfereter aftr 1938 at ane 27 U % fasts fargsit 3 ferftaal arr afahrat 1961 % utese vi UH sila aay UN Wea at welftat & fava a fafa Discuss briefly about various Life Insurance Plans. 4each Write salient points of Section 27A of the Insurance Act, 1938. Write about four types of deductions permissible under Chapter VIA of the Income Tax Act, 1961. Prafafas fast at fatten ait ara ar seca ange :- (wate & 2 3185) ) i ii iv) » vi) AL TAT Wa aa aT ae Aq FETT ATT wat afar stad uf 1000 ater afar ae site wen sitter 8 AL -26 8. Write the formulae and significance of the following ratios : 2each i) Current Ratio i) Overall Expenses Ratio ii) Conservation Ratio iv) Debt-Equity Ratio y) Asset Turnover Ratio and vi) Average First Premium per 1000 Sum Assured. 9, oft mite 3 farafertan Tame Beara Ta aTA-wihA TAT 31.3.2010 a 12 ware anf & fore wage ait set arta an feat Ht acme & aia fet wrist at ach dae afte feat art wat e. S, fama - 7,40,000 wea (ara) 6,99,200 - ast 900 - yst wart - 48,500 attr 300 - met AST (Stax FT) 400 - THSt AIST (STL FT) 500 - aie 600 - & ait ter sift 400 (6.300 wired sar fama a sire at ferent 305[4 2010 aah ster fare TAT) 31.3.2010 #t FER 61,250 - aeet fren - 600 7 30,000 - Bei aad aK ds 1,750 aeet feat 100 - Anan ait Tae 6,000 20,000 waftee 8,000 eater we 300 ,09,400 _8,09,400 oe a eee ) aT 5% i STEM K 20% at Beth AMET! 9 AL -26" il) Seam A aang amar A qed sre at fat &.200 oh afinfera e Ht 14.2009 % Gee aI iil) yaem at Soar ater ore Ys oT TH Behe Prev e From the following Trial Balance of Shri Ganesh prepare trading and profit and 12 loss account for the year ending on 31st March 2010 and balance Sheet as on that date after taking into consideration the adjustments given at the end of the Trial Balance as on 31S March, 2010 Particulars : Debit Credit Rs. Rs. Sales = 7,40,000 Purchases (adjusted) 6,99,200 - ‘Wages. 900 a Capital Account : 48,500 Insurance 300 - Carriage inward 400 : Carriage outward 500 - Lighting 600 - Rates and Insurance (including premium paid 400 - of Rs.300 p.a. paid upto 30th June 2010) Stock at 31.3.2010 61,250 - Discount earned - 600 Buildings 30,000 - Cash in Hand and at Bank 1,750 Discount allowed 100 - Debtors and Creditors 6,000 20,000 Fumiture =~ 8,000 . Dividend Received : 300 8,09,400 8,09,400 Adjustments : a i) Depreciate Building by 5% and Furniture by 20%. ii) Sales as shown in the Trial Balance include the sale of old furniture of Rs.200 at book value on 1st April 2009. iii) The Manageris to get acommission of %5'"on the net profit after charging his commission. 10. i) ii) i) i) ii) iti) i) 10 AL -26 areas tant wy afera fecqtt feta (aris & 3 sia) arate car wer ait are char wert F siat aaET! STE ear Targa we sete A fafa fara wer at Yel a aren meri] ar ferera aeT sta? ‘Write short notes on Contingent Liabilities. 3each Distinguish between internal audit and external audit Write briefly about fundamental accounting assumptions. ‘What types of errors that could lead to non-tallying of Trial Balance. ATR, 2010 wartreefsra 7 OCTOBER, 2010 M4 water . AG 51 fare satit at arfta orrcert ASSOCIATESHIP EXAMINATION FIRE HAZARDS OF SPECIFIC INDUSTRIES wna: 3d] [eet ate : 100 Time: 3 Hours} {Total Marks : 100 Pret are west & sere a | va Ue 16 ates E Pad ae ahrared set S| ara wet vets Wer 12 sie HI Answer EIGHT questions only. Question ONE carries 16 marks but this is not compulsory. All other questions carry 12 marks each, Marks (wate 3 4 ai) 1. tithes daa/erts F frafattad weet Foe ort are aft aan faate ard at ore atfae : &) Sit sea wer after rere a) tava ait daa ameter a ust ®) arate wirer 1. Explain the fire and Explosion hazards involved in the following operations in 4 each the petrochemical planvrefineries. a) Blowdown and Effluent disposal b) Maintenance and plant modifications ©) Piping d) Cryogenic process. 2. wae ther 8 Fs afta Get ar gare et are as Tae oa 12 at fader afer 2. Enumerate the fire hazards and loss prevention measures recommended for 12 cotton godown? 3. aa eran a hye afta at a date FY avis sifare 12 2 AG -51 Describe in brief the fire hazards involved in Tea factories. 12 sated qe ah eat mses sees ea at 1 wef afer Point out the major fire hazards and the steps to prevent the same in Jute 12 Godown? ona a ata tether deat Ham gages Weider deat & scart 12 a Seate SHE! Fa SeTat H sa gee Blt Zz? Name three petrochemical plants in India? Mention the products of 12 petrochemical plants? What are the uses of these products? (arte 4 3s) @) fafa atatte eq (arg. tt.) dort F seta aA are Trea w: get & am aa! a) wore fain aan sitar thazttat & qa tenor a safer ata went @ antag afr Bandits Setters fra (amet sz, 26 Gem 1976) % seTE sacra xa at ota aftrat & art aagTh a) Name six primary fuels used in various Internal Combustion (LC.) 4 each Engines. b) List out the fire hazards related to open storage of cotton Ginning and Pressing factories. c) Name three classes of flammable liquid as per the Indian Petroleum Rules (as per Gazatte of India, July 26, 1976) Prfetad wt afer fecftrat feftae : (arte % 4 sm) a) fafa ate wiparsit Fo efter at a) wad oan 4 fage dea 2 Ye fasty Gat 3) atete Uda daa 8 ofa a qe ate, dicts A extra faq Ur area dada ar eta ater @ - sites went aifsre 10. 3 AG -51 Write short notes on : 4each a, b) °) 3) a) a) b) 3) i) a) b) . 3) a) a) b) Hazards involved in various unit Processes. Specific Hazards associated with electrical installation in tea factories. Major sources of fire in Solvent Extraction Plant is due to presence of Hexane, used as a solvent - justify. arr Prater at fata areal at wef attic (wets & 6 aie) a aris & are a afta & Rare ote Gee ari a sects at Be data team srat ar avfa aif! Describe the various stages of Paper making. 6each Enumerate any three major causes of fire and the related preventive measures in case of waste paper. (weatch & 6 sim) “Peet ara area 8 afta atta sara wet & fee sea/ water dae aaa: Ran eat gr” - zee ste fara Senate fret & set ver fafeeiT seer arta Geet ar ahs aire "Drying/firing Section in a tea factory is probably responsible for large 6 each majority of fire losses” - Discuss State the fire hazards of Blow and Mixing rooms of a textile mill. (artes & 6 am) Sfafraftr sahit F ong arf ar ait wiser a gs w: WS atts Tat a sects HT! after tact F amit & wet sero a ys fafa sts wat ait facet sfc! Mention six principal fire hazards of metal working ormachining process 6 each in Engineering Industries. Indicate the various hazards associated with outdoor storage of materials in chemical factory and suggest precautions. STRTET, 2010 wrreera utter AG-52 OCTOBER, 2010 . amare arts sitar ASSOCIATESHIP EXAMINATION GENERAL FIRE HAZARDS ana: 3 de] [aerate : 100 ‘Time: 3 Hours] [Total Marks ; 100 fare ane oeat & sar dre vert ea 16 ste E heard ae ihrer wets arr ast vet Wer 12 tH HEI Answer EIGHT questions only. Question ONE carries 16 marks but this is not compulsory. All other questions carry 12 marks each. Marks 1. farafeaftan & are aargy : (Prat ae & see Sz) : (wets % 4 35) a) afta wre q retort fee a art aed nfs ae aat & aR » WRI a) afta af fara serena ¥ setae a4 art wren feeaed & oie Wan! 3) fae afezal & ote war fran aie sad germ son ae amar w fear wT et 3) ane a ore fates or wart fae ae ote afer 3) oft quan goithrend ara frau sift st aR afrat (ae TT at 2a f& fart afters fasts 2 fee var aT afer aa dents frat ae) 1, Name the following (answer any four) : 4each a) Fourtypes of portable fire extinguishers used for fire fighting. b) Five types of fire detectors used at various stages of fire. ©) Five types of electric furnaces as classified depending on the manner in which heat is produced there in. @) Five Acts as enforced by the Fire Brigades in India. ) _ Fourclasses of fires as considered by the fire Protection Engineers. (for deciding the type of extinguisher to be installed as per particular occupancy) 2 AG -52 SB) We a atts aa a? 3 a) Wars TS se ST aid 2? ae aif 4 a) dears ong arf A sar afta Gat ae gf a se | BE SH fae 5 aT eM area at 2? a) What is Combustion or Fire? 3 b) Whatare the products of Combustion? Explain. 4 c) Whatare the fire hazards in Structural Metal Works and what protection 5 toeliminate the same? fraferad w% fect fafa : (arte & 6 af) a) Rian tear a) ofa gen woref 3q ada oe aizaes on ESTATE Write notes on: 6 each a) Sprinkler installation b) Carbon Dioxide used for Fire protection System. ver a Hae H SOT sere aA are aafta Gat at ETT sf 12 Explain the fire hazard due to height of the building. 2 Fad: cer 8 aera & fore alae H aaa TH S ser 2g Bt at eee 12 aise act €? What are the Conditions desirable for Safe Storage of Coal to prevent 12. spontaneous combustion? Bt ther 3 98 afta wad war oad vara sort K et aif 12 Discuss the fire hazards and their pervention associated with "Spray painting". 12 a eto) a) anda ame arr ane Fer sacri aise waygt aT fear ren é fart fey aterm seremteft sree atratte fae Tez - saat af afer i) a) b) x) a) a) b) a) b) °) 3 AG -52 ‘squat aa sive? arvit & sera, Go aT Gat ot ta F st Ur erat fahren 2 aad @, ford onfta were arr a aa arett witrat vat wer oT Ta - ST TER at erat Hare sever afsre The Indian Standard classifies four different flammable atmosphere group for which seperate, specifications for flameproof apparatus are prescribed! - describe them. - "Besides originating and Contributory Causes, there are other hazards which result in further losses which are not diréctly due to fire’ - Give four examples of these types of losses. ‘ardta Teta afta ats’ & agar sa ae vert a sede atta frafatan vest at ore aifie at fe fafa stats uftedt F ward & ser a aa wat 2 : i) widen i) afm Paro arier ii) awe State the four classes of buildings as per ‘National Fire Code of India’ Explain the following factors which may increase or reduce hazards in various Industrial Premises: Supervision i) Loss Prevention Programme ii) Layout. TER Hera Tone’ B aay ae BATA B? one 4 wafer Wen weram wore a we sare AST afesa aan sed water a afte sifted ser sah garaant Soret wm wat sifu What is meant by ‘Mutual Aid System’? Give an example of a Mutual Aid Scheme operating in India. Enumerate the fire hazards and their preventive measures in welding and cutting operations. 6each an a) . a) b) 4 AG -52 (Wasa 6 3m) ‘als fate sift ach ore aif fe fea wa afta a aT fagctat aR ter waa Sas S yea Bt UH PUT A fear aT waa 2? foot qxdfen act & faedt w: dadt at aetas ater) Draw the ‘Loss Triangle’ and explain how a fire loss can be analysed into 6 each aseries of events with cause effect relationship. List out any six signs of a well-managed factory. weitere AG-54 "oct afta afte — ASSOCIATESHIP EXAMINATION FIRE INSURANCE UNDERWRITING waa: 302] (apet atm : 100 Time: 3 Hours} [Total Marks : 100 Pare one vest & ser Shine | vert Tes a 16 sien E fad ae ahrare wets ara oat vets Wer 12 iH HEI Answer EIGHT questions only. Question ONE carries 16 marks but this is not compulsory. All other questions carry 12 marks each. 1. Sifan orem ftatd at favre at water weqe sifae | a 1. Give an outline of the contents of risk assessment report. 16 2. 8) yotar ait aed at 2? : (was % 6 sim) a) ama & fet oat F paisa ort fee att 8? 2. a) Why endorsements are necessary? 6each b) Under what circumstances endorsements are commonly issued? 3. oft viferet at et a. 7, Rraar dae dtareatait oftrert Fe, B12 atta er wae €? 3. | Whatare the provisions under condition No. 7 of Fire Policy which deals with 12 “Rights to Insurers." 4. frafefan eftat ax afara fecaftrat fefear : (wets % 4 sim) a) sre at srt a) oeat eg arot aa acts & fore Yoias wes aT 4) Se: wae acts 2 AG -54 4. Write short notes on three of the following :- 4each a) Forest Fire. b) Endorsement wording for Spoilage Material Damage Clause. ¢) Escalation Clause. 5. fer ueat & aren wy “fae enftar’ ar Frater eter 8? 12 5. Whatare the factors based on which "Net Holding" is decided? 12 6. afta der a item é or at ai wal aie cm tt eet at |e fae ora at oe-wd ar att 2? 6. Mention discounts in premium granted in Fire insurance and pre-conditions for 12 the grant of such discounts. 7. afta qaartett vied & yer waar at wal afer 12 7, _ State the salient provisions of Fire Declaration policy. 12 8. ar oe er 2? of ong at at FS rt ore fatter orf ang? 2 8. Whatis P ML ? What are prescribed forms to be sent to GIC? v 9. ‘areal ere at ohare afc arvdt & aaty ere saree Afra 2 9. Define the term "Warranty", Give any four examples of warranty. 12 10. Wadi at Utes fate at uftanfte atin) gaa Far wre 8? 12 10. Define Facultative Method of Reinsurance. What are it's advantages? 12 preteen watreehra utter AG-55 OCTOBER, 2010 ufturet en (ata) star ASSOCIATESHIP EXAMINATION CONSEQUENTIAL LOSS (FIRE) INSURANCE waa : 3 ue] [eet stem : 100 Time: 3 Hours] [Total Marks : 100 ferdét one west & seat Snr | get wes a 16 sien F head ae aitrard wet eI arr ast Uede Wer 12 sie HE Answer EIGHT questions only. Question ONE carries 16 marks but this is not compulsory. All other questions carry 12 marks each. Marks 1 a) waar & Peafead atone & ‘sine aren’ wR ae AAT at 4 TORT Sts: 31aret 2010 at ware att are ad & feu ara a aT UT: aT * [are % ante Ris 10,00,000 | fasat 1,00,00,000 uftadaetta aR 75,00,000 | sifer tetas 15,00,000 faftad aR 20,00,000 frac at 10,00,000 1,15,00,000 1,15,00,000 a) aio aia (afta) viferet F “aiae arene” fafrateor % sar wee e? 3) fart un oftadasta gant & sae arc 1, a) Workoutthe 'Gross Profit’ on Difference Basis given the following results 4 of the business. Income and Expenditure A/c. for the year ending 31 st March 2010 Dr. Rs. | Cr Rs. Opening Stock 10,00,000 | Sales 1,00,00,000 VariableCharges _75,00,000 | Closing Stock 15,00,000 Fixed Charges 20,00,000 Net Profit 10,00,000 1,15,00,000 ~1,15,00,000 2 b) What are the advantages of "Difference Basis" specification in a Consequential Loss (Fire) Policy? c) Give examples of any four variables charges. a) afagfe arate fat wet 2? a) staat afagte arate gad ara fer seat 1 eae fear rt aTfeT? a) Whatis Indemnity Period? b) Whatare the factors to be considered while selecting a proper Indemnity Period? : ftom eft sift & seria ama at afta wel at ‘cet ag’ are fafey at sar fara act #7 What are the merits of ‘Dual Wages' basis method of covering wages under Consequential Loss Policy? caftoreht ents viferet & are a 3 oferta faa ator enfeelt at alert wet fear sr 2? Which are the Consequential Losses not covered under the Scope of the Consequential Loss Policy? ala @ yen ofturt ef (afta) dtr & dhretan at wera aed 22° Which are the factors influencing the underwriting of the Consequential Loss (Fire) Insurance? F vuftorel erie ster viferftrat a ary saaEA sgewT Bt Ey “shat at ad” ot re sf) Explain "Condition of Average" giving suitable examples as applicable to Consequential Loss Insurance Policies. AG -55 8 12 12 12 12 12 12 3 AG -55 (wets % 6 a) a) after aft ster eq wera wos F entre aecaqel wet ar sects wife a) ort aft vifedt & stata cher oft ar Prater act ara fer aeal 1 fear fear arr afeT? a) Mention the important questions in proposal form for Consequential Loss 6 each Insurance? b) What are the factors to be considered while fixing Sum Insured Under Consequential Loss Policy? ahort af afer at wif & stata ‘ate’ ah at fafa a stres 12 fora aan anton Pruffta fare 1g 2? What are the duties of the Insured on the happening of ‘damage’ as set out in 12 the conditions of Consequential Loss Policy? . Rerat cits a afard fecaftrat fea: (was % 4 Fe) i) ten at arnt sais i) faa wise ii) Car oder at te actor iv) feartta seis Write short notes on any three : 4each i) Retum of Premium Clause i); Accumulated Stocks iil) Auditors fee Clause iv) Deparmental Clause . Prafetad & sta sink ere aif : (arden % 4 ais) &) wert aa oftaddta sa a) one GR wa eae Gat a) aaa are aa Pact or. 4 : AG -55 10. Distinguish between the following : 4each a) Standing and Variable Charges b) Inception Hazards and Interruption Hazards ¢) Gross Profit and Net Profit. STR, 2010 atfrgetere wetar AG-56 OCTOBER, 2010 ata after aa ASSOCIATESHIP EXAMINATION FIRE INSURANCE CLAIMS waa: 3 ue] [eet ata : 100 Time: 3 Hours] [Total Mathai ‘feral one veal & sar Stare var wea & 16 aten F fag ae aihrare set 3 are wat Tete Wea 12 si HT ‘Answer EIGHT questions only. Question ONE carries 16 marks but this is not compulsory. All other questions carry 12 marks each. 1, Sea BROT at UT Ba Ee Sa UH See SF eT A TAIT! Marks, 1. _ State the definition of proximate cause and explain with the help of an example. 16 2. ame aftr vier & siaia werent at ad wae eae? 2 2. Whatare the provisions of arbitration condition under standard fire policy? «12 3, &) afta qarriet viferdt & aiaie safer Sifter @ se aa ret 8g 2? ere atte fee areafern siftras at ora fee wa at Tt B? a) Uet vitae & ofertas afte steonsit & sre sar at 2? 4 3. a) Whatis meant by provisional premium under Fire declaration policy? 8 Explain how actual premium is worked out. b) Whatare the basis of monthly declarations under such policies? 4 4, ferett oft arte acer Rate a arafara mecagot veqat at cata A eee) 12 4. Explain in short, important aspects expected in a fire loss survey report. 12 5. Alaa aifta viferet & stevie aera “Us-aita’ dearer seer B? 12 5. Which are'Add-on' covers available under a standard fire policy? 12 6. 6. 7. 2 Geer yer wife & wrt ar seta sfc State the advantages of Reinstatement Value Policy. afta viferet at deat eq raat at facet aif P™Describe the rules for construction of Fire Policy. 8. 10. 10. ardaret tern & fara da ar aula aed ee ea seis & site atareat at afer at dhneit we vere sie! Describe the scope of Terrorism Cover and limits of liability of insurer under this Clause. fea var & ataa at ad, sigan der argent afta aft Ret at waned Be 8? In what way condition of average, contribution and subrogation effect the settlement of fire loss. afta viferdt & stata afta arcareit at carer strc Enumerate the perils covered under Fire Policy. AG -56 12 12 12 12 ocmanrn ano URtfregtora wart AG-61 eart erie Tena ASSOCIATESHIP EXAMINATION CARGO LOSS PREVENTION waa :3 02) [eet ate : 100 Time: 3 Hours] [Total Marks : 100 ferdt are vert & sare are | vert er 16 sien Fear ae aifraret wet t | ore aut vader We 12 tH HE Answer EIGHT questions only. Question ONE carries 16 marks but this is not compulsory. All other questions carry 12 marks each. Mark: 1. Conaea Stet war Gee tera 3 art us Tse Gan 2” ca at at ae 16 am fear oT aera 8? 1. "Fire is a serious hazard in transit sheds and port warehouses." How can this 16 fire hazard be reduced? 2. Wed 2a @ fire ore at Pra ae det 2, saa Poet are var what 12 al avfa 1 2. Describe port procedure for treatment of uncleared goods from port area. 12} 3. UT an at SR sort ak ahd saret & fee get & wat at Pit 12 art daeh arr wet H qua ahs sar 2? 3. Whatare the safe working practices governing the use of slings inhoistingand 12 lowering cargo loads? 4. ase Uae aT AS aM at wat & dad A gard fe are at 12 afraicittat da tat ot wat #2 4. Inrespect of goods despatched by road transport, how can cargo shortages/ 12 thefts be prevented? 2 AG -61 Prafatiar % aren sane: (artes % 2 aim) &) feet ser} wert A an cad ora Tagg daha at fat cea ee ddet at sta F aor aee @) RM saw a fea & che Het & vee we Te TI n) fae get a an aearn oa, sah Sat AE Sa aren ae SA ata ar art aim a Pratfte ater 21 3) feet oq at amar, wer & Get aR ST atte ga oT Sar PR aout & fs a ar fare be garg a) feat hear H set are & face ar - Healer Sar wert star 2 3) ard ant 1 me wad ara aid ot act ge van aet tet ort eT fe ae AS at Tet & fart H sit eat V1 Give reasons for the following :- 2each a) Sturdy packages should be stowed in the wings and lighter ones in the centre when loading a ship's hold. b) Inmany instances cargo stacks collapse during unloading operations. ©) The force oti the two legs of a sling to which a load is suspended is determined by the angle formed between them. d) The capacity of any bridge depends more on load distribution than on the total load of the consignment. e) — Itis important that the distribution of cargo within the container is balanced. f) When stowing upper tiers, no box should be placed so that it rests inside the edges of the box beneath. %) We-anse are ar avis ae (wei 34 31m). @) tas du van } wry wast & del wae Se nm) Areas (geuhfeue) seq heat A weae-qra aM et F? a) Describe shut-out cargo. 4each b) Describe wooden crates as type of packages. c) What are the advantages and disadvantages of Intermediate Bulk Containers? Bare & fe ceast eharest tat & fere ear sara fae a weed 2? 12 3 AG -61 Suggest what measures can be taken to prevent documentary fraud? 12 rere ats ae aH aerCt BI aT ach EEE arat ats et eT? 12 What are the principal types of damages to cargo during stowage abroad ship? 2) oma & Sifter wae, 1865 ae Pata aes seat at far at 12 RST at Explain the liability of road transporters in India as governed by the Carriers’ 12 Act, 1865. . %) Tan ae Heaton & a rz? (wats % 6 aim) a) Hoatge aren at Gr & yerys fran sare? . a) Whatare the benefits of Door-to-Door containerisation? 6each b) Whatare the basic packing rules for containerised cargo? STRTA, 2010 watireetirt uftert AG-62 OCTOBER, 2010 arftriare sitet ASSOCIATESHIP_ EXAMINATION COMMERCIAL GEOGRAPHY wma: 3 de] [et ate : 100 Time: 3 Hours] [Total Marks : 100 Rerdt ore west & sere etre | wer wer 16 ote € fag ag sitrard watt art eat vate oer 12 ate Answer EIGHT questions only. Question ONE carries 16 marks but this is not compulsory. All other questions carry 12 marks each. Marks 1. “aaft errr 6000 f%. A. aft aetar at acted siete er 16 fa ana at Rafe arate orgpet @, vent wef afte dacne aet 21” SU Trae BT ga Sar eo BT 1, “Although India occupies a highly favourable situation for purposes of 16 intemational commerce, having a coastline nearly 6000 K.m. long, yet it does not have many ports" - Comment on this statement, explaining the reasons. 2. “aah aaa Feta ae Ysa a sinteta era wer sepa F 12 wife am 1g 31” Fa Her a THe BT 2. "Introduction of Suez Canal to sea traffic brought about a revolution in 12 international trade and Culture." Review this Statement. 3, Waert FS ays wfafattal we Prafead a er wT TEA 8? (wets ao aie) =) oI @) va 3. Explain how the following affect maritime movements: Geach a) Salinity b) Tides 2 AG -62 AST Ta Aaa Usa seifter H Ge reel samt Ba aa, SAH 12 ER THT Set | List out some of the important Ports of Canada and U.S.A. Highlighttheir 12 importance. agar oftaes aan eter 2 ae sea Aret Uitaea safer a fete 12 waurd ar €? ‘What is multimodal transport and what are the salient provisions of Multimodal 12 Transportation of Goods Act? Prafeftar & ata a stae are ay (wet & 4 aie) &) aie sik Baik @) Wye aa ah dace 1) gaye. ae sae Distinguish between : 4each a) Latitude and Longitude b) Major and Minor Ports c) Asteroids and Satellites. @) fatra oa at ofa 21 (wet % 6 si) @) 3a ae fata wa aration ot ona @, aa sad ORS HOE AT sara Ta 8? a) Define a Bill of Exchange. 6each 'b) What remedy is available to the holder when a Bill of Exchange is dishonoured? ammé agen att at oye rerarnts erat ataes 1 wae sift we 12 ‘great 8? Which major ocean currents do you consider have the greatest effect on 12 shipping? 9. 10. 3 AG -62 ao ow TER ag ah Ge, 1925 haan TAR es a HO aK aT go safacat wea gi ga wae H wet & aint at ata a ales g for 8 we teen ort at yaa ax a wa a? Under Carriage of Goods by Sea Act, 1925 the ocean carrier has certain rights and immunities. What are the liabilities which the ship owner may contract. ‘out of under the the provisions of this Act? . aT wer sareMpats sa hs att F ae at ais a waa 2 wel fret & ait at dure wae aftr 2? How earthquakes and Volcanic eruptions occur and which locations are most prone to these calamities? wees STATE ==--= np 12 12 12 Gerona ett ter AG-63 ASSOCIATESHIP EXAMINATION MARINE CLAUSES wa :3 a2] (eer ate : 100 ‘Time: 3 Hours} [Total Marks : 100 fora ane veal & sar dif | ver ver & 16 aie F fered we aihrared wets ara wet veter ver 12 st HF Answer EIGHT questions only. Question ONE carries 16 marks but this is not compulsory, All other questions carry 12 marks each. Marks 1. &) Ufa & are seed fH ers ster afe aa 2? 6 @) gad a der at ae & ue oe a ra sa Soa at 10 Sr @ cer Bears ster aaft at star att 21 ®. aa: Tite Wha HT BET CT : 75,00,000 ie at werd oT aed : 3,50,000 ‘ATs: aiftay F aeret TET : 5,00,000 ant dtr aft edad & a ga afsia at at ad: 2,20,000 ret: art ar aise FET : 45,00,000 ama dtr af arta & are at eft : 8,60,000 &.4,00,000 at areney ater eft eft ee Weds ve at a a Tat art & wife “aad at afer at ara ae 1, a) Define and explain ‘General Average’. 6 b) Ashi on voyage from Mumbai to Aden encountered volcaniceruption 10 and General Average loss was declared. ; Rs. Ship: Sound value of the ship at destination : 75,00,000 Cost of repairs to the ship : 3,50,000 2 AG -63 Fright: Gross Fright at risk 5,00,000 Expenses of earning it subsequent to GA act 2,20,000 Cargo: Invoice value of cargo : 45,00,000 Damage subsequent to GA act : 8,60,000 ‘There was a General Average loss of Rs.4,00,000. Calculate the ‘amount made good' by each party to the adventure. Sfzeqe facet eam Fass 1.6.1988 & sient ara & fee a 12 aula att Describe the Scope of Cover under the Institute Builder's Risks Clauses 12 1.6.1988. Sfeeqe cen Feiss - BH 1.10.83 & ced Prafetaa S Ha Faget Saat @ : (arts % 6 a) am) tal aan @) aren aft 7 How are the following treated under the Institute Time Clause - (Hulls) 1.10.83 6 each a) Bottom Treatment b) Unrepaired Damage? am. of. at. (aft) war ang. a. a. (at) & cea oratte sree at qe 12 aut eu sat f sad ate an faamare 2? Compare and contrast the perils covered under the ICC'C' and ICC''B'. 12 Prafafad & sina sen arash & : (aries 6 31) %) efeeqg an aaistst (srs ara Fe) a) tee ata aati 7 3 AG -63 What are the exclusions under : 6each a) _ Institute War Clauses (sendings by post) b) _ Institute Coal Clauses. sReeqg art aeisis & sieta Prefered & oftorm sar ae z : . &) aa e oftada (wets % 4 aie) @) TRE & oe aes F oftada T) iver at ate fet ara dace gerd at aferar ar TAIT 7 Under the Institute Cargo Clauses, what are the consequenses of : 4each a) Change of Voyage b) Change of destination after discharge ) Termination of Contract of Carriage at Port/place other than destination. Prafatad & def Hf ata at th aor ahaa & ware st care Re :- %) wen wy at (aaa) viet (wets & 6 aim) @) FAN we (aH) tifet Explain the effects of Unseaworthiness of a Vessel as regards : 6each a) Voyage Policy on Cargo b) Time Policy on Hull. Sfeeqg qa equ sais’ a sees ee wer ea See 12 afttatted #8 cm farar oer @? What is the objective of the "Institute Dual Valuation Clause” andhowisit 12 applied to practical situations, Prafifad war at vifaftat 1 aan anttat ang ant é : (wets % 6 afm) a) fasta sero Sifter star @) aE WER Tie ? What are the warranties applied to the following types of policies : Geach a) Special Storage Risks Insurance b) = MultiTransit Policy.? 10. 10. 4 AG -63 Prafatad 1 afer feof fafa : (seas 4 ies) a) ara at af (Sfeeqe cen salsa te) @) awa at wae atten aft str aT) want at fata Write short notes on : 4each a) Loss of Time (Institute Time Clauses - Freight) b) Tea Crop Hail Insurance c) Burden of Proof. AG-65 cron an watforcetire iter atte dit stat ASSOCIATESHIP EXAMINATION MARINE UNDERWRITING ana :3 82] (eer ate : 100 Time: 3 Hours] [Total Marks : 100 ferdt are eat & seat ane | vert Wes B16 sien S fed ae aired ae e ora aatt veden Wer 12 tH HEI Answer EIGHT questions only. Question ONE carries 16 marks but this is not compulsory. All other questions carry 12 marks each. Marks 1. “Ce te aret st wee etait acre atarpat at wenfert ae Set 16 2” ae sare & area ga ser H fem ae 1. "Thenature of a vessels cargo sometimes affects a hull underwriter.” Comment 16 on this statement with four illustrations. 2. tata a new eat ehteegg cen acts ew 1.10.83 Brea fet tt 12 ar ote aa & fee & ar fate aed 8? 2. Whatare the factors which determine the rate for insuring a vessel subject to 12 Institute Time Clauses - Hulls - 1.10.83? 3. Praferttad & ata ar ait ere a: (wets % 4 9i) ) Pracier df aan ovate ate @) Ger ram oH Get oiferet a) ang. af. at. GA) ver and, at. at. Gh) & steria snafea arene. 3. Distinguish between : 4each a) Quota Share Treaty and Surplus Treaty. b) Opencover and Open Policy ©) Perils covered under ICC 'B' and ICC 'C’ 2 AG -65 (wets S 4 si) . Prafatan & det F aad fH are at wpa ear 2, se Ba cla wT were Te as a eae H AAS FF feat Saale 8? fast ae Sa award fas aft Car ag siferr seat ter fear ore at saa dtr - strat & fota at era 3 er wefan som: ) aa @) aa sat a) fea a aq are-arni? In respect of following, describe the nature of Cargo, how it may be carried. and its susceptibility to loss or damage, with particular emphasis on what might influence your underwriting judgement if such arisk were to be offered to you. a) Ores b) Cocoa beans c) Tinned provision. dorta & fae gag Ff wate at ord are sacra gergat at stftes aah ar afa & fae dtm & fee fea dtm sina seat st eae 4 car aT anfen? What underwriting factors need to be considered in respect of insurance of offshore units used for drilling for oil/gas against physical loss or damage? ‘apr a onae?’ 34 ota wpe oral Fa ue 2 fre feat aha are Siar an ter are aaa ear F var ore @1 aT UN aNat aT Tete aed &C 8a Be a aeft-sift are The 'Voyage' or Transit’ is one of the five principal factors to be considered in insuring a marine cargo risk. Elaborate the statement citing the other four factors. 4each 12 12 12 12 Prafetad densi & sexe aa arf ere : (was 6 ae) ) Gatareat @ Raw Aa a? 10. 3 AG -65 Whatare the objectives and functions of the following institutions: 6each a) Re-insurers b) _ Intemational Maritime Bereau, Prafeitian & ae sree af arate a wat at : (arts & 6 am) 3) deeqe tee we aida @) wis cifse Ra seen ds) acs AP. Discuss the duration of cover under : Geach a) _ Institute Natural Rubber Clauses b) Inland Transit (Rail or Road) Clause 'B'. (Fass 6 aim) Prafettad & stevia tat apt chard af gear} gust ats, aft ar ear a Se fave om @: &) aren dtr @) Waar tr? How is loss, damage or expense arising from an incident of maritime fraud 6 each dealt with in: a) Cargo Insurance b) Hull Insurance? . Prafetan 1 Bie eh Pere : (wae 3 4 afm) %) vane aikeat @) omits da 7) areata aT ‘Write short notes onthe following:~ 4each a) Fleet Statistics b) Trading Limits ©) Deferred Repairs. em, 200 tfometora atte © AG -66 ade die ara ASSOCIATESHIP EXAMINATION MARINE INSURANCE CLAIMS wna: 32] [qet ate : 100 Time: 3 Hours] [Total Marks : 100 ferat ane veat & ser dif | vert aya & 16 sien F fed we aihrared wee ara oat vate wer 12 st HE Answer EIGHT questions only. Question ONE carries 16 marks but this is not compulsory. All other questions carry 12 marks each. = Mai 1, Wha ot gen a canard S ae SS ATT: 75% TT 25% SH eT aT! 16 aftat Prrgar é : ta ‘a? wa @ £ £ aha aft 82,000 180,000 aaa 14,000 40,000 art eft 21,000 98,000 afer ate - 40,000 tia ‘oF ang. a. a. ea 1.10.83 % aed £ 232,000 aan yale, Fae £ 10,000 at sete ava afer & are afta 8 ate “ar gota: wa ah. Ws org, Fea A oft wae a1 ois ‘at at eet Ws ead oifet & cet wa ar warts at dar tt. we ang. aera cer then & fee at aaa ft ait 1. Vessels‘A’ and''B' collied and are found 75% and 25% to blame respectively. 16 The losses caused are : Vessel 'A' Vessel 'B' £ £ Hull damage 82,000 180,000 Detention 14,000 40,000 Cargo damage 21,000 98,000 Personal injury - 40,000 2 AG -66 Vessel 'A' is insured for £232,000, so valued, under IT C- Hulls, 1.10.83 with a deductible of £10,000 and is fully entered in a P and I Club. Adjust the claim under vessel A's hull and machinery policy and show also P and I Club's and Owners' shares of liabilities, wrant fs Hei aa eet wea H sinh ys aR TRS aa 2 38 frver oar 2? Explain how claims for Sue and Labour charges are treated under cargo and 12 hull policies. Pater oRRafedt ¥ txt sere at Saar arene : (sete 3 3 sie) %) Are aifers & siiftan a we fr wT at a) ok wtriigé 7) Wm F faena sera orerter gor et a) Ted are ag at Explain the liability of the Railway Administration, when : 3 each a) goods are booked at owners' risk rate, b) Carriage is in open wagons ©) theres delay or detention in transit 4) there is wrong delivery. (arts % 6 sim) %) aot} oer fad or aad are feed at wa aft a ara en aA aa a wal at 8 warhfa Peer ore 87 @) Set wat & qari F orate eel @ Ha Aver sa 8? a) Explain what is meant by total loss of an apportionable part of the cargo 6each and how are such claims adjusted? b) How are trade losses dealt with in the adjustment of cargo claims? aa 8 ota Het ar ater &.1,00,000, aan qraifea, 3 fere rer er 12 213 visor ftare at Rafe a on af ant & ara wae Si woke Ma ar ware aes AR 260 Pret ger Sax (TA aT AR) 60 fare aT) 5 UE aT 3 AG -66 WaT AK 240, 250, 257, 252 war 256 feed war sna 21 aa aT water at ate citer : &) F ftara wit at afe saat wer uta dor 3% a @) () % aan & fq ars ats a I afaen aT aT nm) 8 ftera unite at af@ ag ufe vio ar ger fran 3 vite a afte a1 Five barrels of oil are insured for and valued at Rs.1,00,000 and arrive at destination leaking, with shortage in weight. The gross shipping weight of each barrel is 260 kilos with a tare of 60 kilos. The gross weight of 5 barrels are found to be 240, 250, 257, 252 and 256 kilos. Adjust the claim if the policy : a) _ includes leakage if amounting to 3 percent on each barrel. b) as (a) but assuming anormal loss of 1 percent. ©) includes leakage if in-excess of 3 percent in each barrel or on the whole. eafemed feaft Huet ex arent & weer Rite a wrnftres orf F sre fea Gre arena at ster att? Indicate the salient information you would expect ina standard form of Survey Report on Cargo which has arrived damaged. a are feet weerdf dace we sar Ream arr aa at are araT UAT aT ava atl Describe the cargo claim procedure when goods are landed at an intermediate port. Prefers & fore us aren viferdt & atarta afagte aor ofan ear star 12 12 2: (eas 6 388) =) fate die aft @) ware ahh aft sige? What is the measure of indemnity under a cargo policy for: a) particular average b) general average contribution? 6each 10. 4 ase Terr wal & arch veqait wt aaf we! Discuss the legal aspects of road transit Claims. . Preafefiad a1 vera SARE :- &) aede wafer @) wae Wes Explain the significance of the following : a) TheSalvage Association b) Lloyd's Agents. ——THEEND — AG -66 12 (wets % 6 3m) 6 each Seen Uatreetira utter AG-67 aftr atta ASSOCIATESHIP EXAMINATION MARINE INSURANCE wae: 302] [eet afm : 100 Time: 3 Hours] [Total Marks : 100 feral ane veal & set ahha | vat ves & 16 ing feed ae shard ae St ora wet grt wer 12 ie HEI Answer EIGHT questions only. Question ONE carries 16 marks but this is not compulsory. All other questions carry 12 marks each. Matk: 1. &.20,00,000, ar 5paifaa, % fare aire spt at 200 Teak Ras 16 U4 F aa Aes & 20 A ste 8) sterara 3 aes et ae. at aor & chr Gua ates & aren apt set wert A qe ra area are at af wget ae 2 art crag fered arott cer tha, eat at aaa gam tae wea 1 Prafetad aftat feat : i) 80 Seat am aa am at qart & few setae fer ae ot & afeaet EI i) 30 Beat agg se 8 eafamed eg - Yess 30% ii) 10 Beat F sate ar ver ser war 20 aia SS TH TE TTI iv) 2 teat saug & abet ag 71 vy) 2 teat at an ond vi) 76 teat gaa of ‘ween EH aT 3,000 wets Tet a ee aT oh PR saTerTOT PTTTATE Oat Prat ary as wt OAT EI &) ang. af. a. (@ w@) ong. a. af. (a) nm) ang. at. at. eh) 1. 200 cases of Shoes (each case contained 20 dozen pairs of equal value) insured 16 for Rs.20,00,000, so valued, were shipped from Kolkata to Kochi. During the voyage heavy weather was experienced and sea water ingress into the holds 2 AG -67 damaged the cargo. Subsequently, a fire broke out damaging the cargo and ship. On arrival at destination, following losses were observed : ) i) ii) iv) 7) vi) 80 cases damaged by fire and water used to extinguish fire. 30 cases damaged by seawater - depreciation 30% In 10 cases pilferage noticed and 20 dozen pairs were found missing. 2 cases were lost overboard during discharge. 2 cases were short landed 76 cases were sound. Survey fee was Rs. 3,000. Each case was of equal value. Work out the claim payable if the Insurance cover was subject to: a) b) ° ICC(A), 1CC(B) and 1cc© wide afar & fore Gaetan Fat anager 8? fraaier ate car safes afer ai SareT BI Why is reinsurance essential for Marine Insurance? Explain Quota Share and Surplus treaties. wraet f& aeattad abut at snafta aed ara fea stat - sia areal ot ear 9 var ar afer? Explain the Underwriting factors that need to be considered whilst covering containerised shipments. Prafetad % dad 4 aa wa ne vite at aerate fear ot sepa 2: 12 12 12 12 %) art dt (aete & 6 aim) @) vad? When can a marine Policy be assigned in respect of : a) Cargo Insurance b) Hull Insurance. 6 each 3 AG -67 Prafefiad at yer fastwant aang : (wees % 6 aie) we) ferete sigren siftas ata @) aiat & far tha sift What are the salient features of : 6 each a) Special Storage Risk insurance b) Package Policy for Coffee. Ge Sen ain-sias a & ad Gus war arya A AER aS feresy 12 abs act arelt at ser were SH? Asa Cargo Underwriter, what advice would you give to Shippers with a view 12 to improving adverse loss experience. (acta % 6 aia) =) we ata ddes & fee chi a aia at reat 2? @) daa F aané fe orem ster Prem are eS at ae feet ota dare at arqifea wet at valet seea ear a? a) Why isclassification of Ships important to a Marine Underwriter. 6 each b) Briefly mention the objectives of system of ‘approving a Vessel’s operations which was initiated by GIC.. afein Saat (eet) cat & Avera & fer fea cenit at staan weet 12 2? ‘What are the documents required for Settlement of Sailing Vessel (Hull) Claims? 12 (aetH & 6 3) =) fat citeart at at ata ot ead 2 ot we oeaite eat viet & siete aratta vet act 2? @) Ure dtm at Preifta wet at aaa Peat ar sects FI a) — State the Shipowners' liabilities which are not covered underaConventional 6 each Hull Policy. b) Whatare the general Regulations governing Duty Insurance? 10. 10. 4 AG -67 Prafafad @ day A fect fafa :- (arts % 4 am) &) ta va Regge ad ad ag are ar AT @) sate atat 7) OER ttt Write short Notes on:- 4each a) Insurance of cargo sold on free-on-Board terms. b) Successive losses c) Liner Vessel. ene on wittar att citer ASSOCIATESHIP EXAMINATION AGRICULTURAL INSURANCE waa: 3 de] [eet aim : 100 Time: 3 Hours] [Total Marks : 100 fardt oe veal & ser athe | va ver & 16 sien g fag ae arard eth ora wat vee Wer 12 sis HE Answer EIGHT questions only. Question ONE carries 16 marks but this is not compulsory. All other questions carry 12 marks each. Marks’ 1.) GH 2010-11 ater 8g, FE at Gee & fre, arate daar aT 5 %.12,000 wf @acar cer areata tara a 150% aT ART %.18,000 sft daar 31 site at set a 1.5% 2 cer siftar at weafterr = 2% 81 pra oT a aA oet 3a far aR aa sites at orn aife st wae ang wa & staf &.18,000 wht saeon at ater aft & fore art at acer Fe at Gat wT TT aT TTT 2 3) Pra sifr aa & sit at ard eR aftrafad aa at ats 5 2007, 2008 am 2009 &q a at Gael at aaa tara 2040, 3100 wen 2700 faeteaean et grat atts 2010 ahaa & fee THOR 8g oF at Gee at aati daar at TAT aTfSTC B WU ae we S sinta ata & end at wor fa van at ant 8? 3 3) Uae wd aint am aad dean a ae aed 2? 3 1. a) ForRabi 2010-11 Season, for wheat Crop, value of threshold yield is 5 Rs.12,000 per hectare and value of 150% of actual yield is Rs.18,000 per hectare. Flat rate of premium is 1.5% and actuarial rate of premium is 2%. Please calculate premium payable by non-loanee farmer proposing to insure his two hectare of Wheat Crop for sum insured of Rs.18,000 per hectare under NAIS. 2 AG -71 b) Actual yield of Paddy Crop was 2040, 3100 and 2700 kg/ha. respectively for Kharif 2007, 2008 and 2009 respectively for notified area Rajnagar which fall in low risk area. Please calculate threshold yield fot Rajnagar for Paddy Crop for Kharif 2010 Season. c) How levels of indemnity are calculated under NAIS ? d) What is meant by threshold yield under NAIS ? UIs Ft % ye ae ere? What are main functions of ND DB ? weet dtr aiset & gered F wife fates deareit, ast aR WET wa arate wat at after at fram a wef afer Discuss in detail the role of Financial Institutions, State Govt. Administration and Implementing Agency involved in the operation of Crop Insurance Scheme. 5 12 12 12 12 fear ff wed] dh & dat Ff Prafefad at fader sire: welsh 3 ss a) ae ar ata a) amass a) Be wm ates 2%) wen wir Describe the following in respect of Kisan Agricultural Pumpset Insurance: a) Scope of Cover b) Exclusions c) Discounts and Excess d) Claim Procedure. 3each was & 43m H) Hage wer & fax wed fawret wore da wartte at oct 2? a) weer Tere (stim) star we afera fect fafarl a) Hage ohn F aren vier eT a? a) How Drip Litter System for poultry is set up? b) Write short note on Acquaculture (Shrimp/Prawn) Insurance? ©) Whatis the claim procedure in Poultry Insurance? 4each . Prafetad a 3 feet a: afeftcat ar faega we feftar : ¥) a) a) 2) a) b) °) a) e) f 2 ») #) a) . a) b) ) i) Ba verde ster A sift aw ater at are PA HTT 21 3 wate ata? am aR af wat a me ag an ot tt ta tt wae watz . _ Expand the following with short description of any six terms. SSCA CCE RRB MPCI IRDP PTD PML NCA AG -71 wae s 23th 2each area aft star atorar & siete Rear & sar afer et FT? welHs 6 ois wala wefafaras setae & seat at ere ater What are duties of farmers under NAIS? Specify the objectives of National Veterinary Council. Wa at tet oy ater & sierha aati 21 6 each yess 2 a5 Sf Srna saree PH Peace set eT g aT TTT ii) Waig ar orf 2 fH ane awe at Ute aifta Uf & we Parad uitera at on vel aaedt 2 at ate ear 2a ae eT iv) feet oy at ster afr Sas aa YET 100% B safes et wat 2 vy) eda ait aed we & ots 21 10. 4 AG -71 vw) Se a wart ye sree ara & arret F afaght ftaraeer & 75% wa tif 21 State 'true'’ or ‘false’ with due explanation. 2each i) — Theft of animal is covered in Cattle Insurance. ii) Premium rate in Agricultural Pumpset Insurance depends on Capacity of Motor. iti) Franchise means no claim payable if the amount of claim does not exceed a particular percentage fixed of sum insured. iv) Sum insured of a Cattle may exceed 100% of its market value. ¥) _Re-insurance and Co-insurance are the same thing. vi) Incase of P T D claim of Camel indemnity is limited to 75% of Sum insured. ona 4 weet dtr & ara ar are ast 8? 12 ‘What are the problems associated with Crop Insurance in India? 12 . Prafarad ta Rat ore 7 afta fecftrat fafa WAGs 3 ais ) Wy hr a yeaio oer ott af divest ahr i) Sam eae gear oifeet iy) Teect star vy Wat war Write short notes on any four of the following :- 3each i) Valuation and Sum Insured in Cattle Insurance. i) Hut Insurance ii) Janta Personal Accident Policy iv) Honey Bee Insurance v) Identification of Animal. AG-72 cron. DAN ASSOCIATESHIP EXAMINATION MOTOR INSURANCE ane :3 a2] [eet ate : 100 Time: 3 Hours] [Total Marks : 100 ferdét ane oeat & sen etfre 1 vert wes 16 sien S fey aE arare aa t or aut vets Wer 12 tHE Answer EIGHT questions only. Question ONE carries 16 marks but this is not compulsory. All other questions carry 12 marks each. Mark: Lo dariet giz ard afta a anad ayaha at fimo 16 feapa fou ort @ Fe BE aR 1. _ Explain the loss control measures adopted by insurance companies to reduce 16 the Motor Own Damage Claims. 2. Het sedate at afaght & fraia at fata ws ater atsrat sterT 12 ary fren stat 21 Rrata at ge stars SaETT AT SIS 2. In Motor Own Damage Section Principle of Indemnity is applied in slightly 12 different than normal manner. - Describe the principle with some working examples. 3. frefafad dina seat tS feet at faeqa A fafa : (was s 6 a) i) Wet i) wet a ota a ii) Wet a es iv) Ber arg 3... Write in detail about any two of the following underwriting factors 6 each i) TheVehicle i) Area of operation of Vehicle. iil) The driver of Vehicle iv) Theclaims experience. 2 AG -72 A) Het aden fate & afer ata 87 (ara 3 6 aim) a) Wet ea ofa aat & dare & few savas certs ad @? a) Whatis the contents of Motor Survey Report? 6 each b) What are the documents required for processing Motor Own Damage Claims? one F qdta wet attics ates Shr “a ye” ste atts a 12 a AIR TT” aT? Tet TM Te satel at sae BL ye aHeTAT & fee sagas seat a avta afer Third Party Commercial Vehicle Insurance in India is handled on "Market Pool" 12 basis. What is Third Party Market Pool? How does it operate? Discuss the advantages and disadvantages of a pool? Describe the factors which are necessary for the success of the pool. fara F fecaftrat fear : (arte & 4 ae) ) Had wat tga i) area-fRem 3 fore sera fen are ii) dtreres & oft 9 area ar seat Write short notes on :- 4each i) UseofCNG/LPG Fuel i) _ Vehicles used for Driving Tuition iti) Use of Vehicles with in Insured's Premises. Wet ata va & are wren at afer a feraw 12 Write in brief about claim procedure for motor Third Party Claims. n let Saran attaftes Sifter vifert ara wer arasfat we afar F 12 fafar ‘Write in brief about coverage and exclusions under Motor Trade Intemal Risks 12 Policy. a) 3) a) 3 AG -72 (wet 6 38) waar stares & ARER viet eerie et H Pere atas 2? aia vet aed at oiferdt & staf 2am dhe sae! What are the rules for transfer of policy in the event of death of the sole 6 each insured? Limits of Liability under the policy for Third Party Claims. Ws 163 (&) & sive deems WH fee erat & a at 9 Ud Fae | WS 163 (at) sar wae He 2? 3 Explain the provisions as to Payment of Compensation on Structural 9 Formula under Section 163 (A). What does Section 163 (B) provides? 3 _ WAT === STAT, 2010 waretira utter AG-73 OCTOBER, 2010 A cafernrat dea, start wet ferfeer aftat ASSOCIATESHIP EXAMINATION PERSONAL ACCIDENT, SICKNESS & MISCELLANEOUS INSURANCE wa: 3 ue) [Het ste : 100 Time: 3 Hours} [Total Marks : 100 ferat ane geet & sar dtfre | gar ger & 16 aie F Reed we afrard see ara watt ued WET 12 si HEI Answer EIGHT questions only. Question ONE carries 16 marks but this is not compulsory. All other questions carry 12 marks each. Mark 1) We aaa ae Shr ar gery faaia afar gdear ster A ary, “2 aa 1 ga w faa a wef ater a) cafeera fear ater F otante das sat ar coher aifare 4 1. a) Discuss thoroughly the application of the fundamental principles of 12 insurance like utmost good faith etc. in Personal Accident Insurance. b) Describe family Package cover, in. A. Insurance. 4 2. &) areas afte at ord at af ara deant cer yeded star 3 Bah SHAT STAT TATE a) aed dtr & sits Prafeftar wentac afer F ferftan) (wee % 3 af) 2. a) Specify the Scope of Cover under Standard Burglary and House breaking 3 insurance policy issued to Business premises. b) Write briefly on following types of policies issued in Burglary Insurance: 3 each }) Declaration Policy ii) Valued Policy iii) First loss Policy 2 AG -73 (was % 6 31%) a) Afsacts ifort & fafa ora at wfagfa fara Rte & sierte tet a ae ore aif a) Asai oiferdt A dtarpa oalea ders at necrpe wet sare! a) Elaborate the heads under which medical expenses incurred are reimbursed 6 each inMadiclaim policy. b) Narrate the important Conditions laid down in Mediclaim Policy for compliance of the Insured person. dad site aftgd dtr & fata ave & sicla sree ara Kat 12 aise Describe the cover available under the various Sections of the Bankers’ Blanket 12 Indemnity Insurance. frafafad 4 o fet ata x dfera fecaftrat fafa: (wees & 4 aie) i) Gage dn i) Aface dtm A aap ii) sera era iv) faery arefernar ata vy) ties pear Write short notes on any three of the following : 4each i) — Sports Insurance i) Bonus-malus concept in Madiclaim Insurance iti) Flight insurance coupens. iv) Special Contingency Insurance ¥) Facultative Reinsurance. Pawar wiry ater F aetentat’s fae at ware Peta wont 12 ata 2? What are the effective systems of check and methods of supervision overthe 12 employees in Fidelity Guarantee Insurance - Discuss. )) i) 0) b) 8 3) a) 8. a) b) 9. 3) a) 9. a) b) 3 AG -73 (was % 6 sim) oa dh F siftar & dtaiea 8q, dtareaf ara aire veqaite ear fear arat 2? sated dtr & sasha feria In respect of Money Insurance, which aspects are considered by the 6¢ach insurer at the time of underwriting a risk? Write out the exclusions which applies to the above type of Insurance. ataist afsadts viferdt & fetta ara aa werada & sitet aad oat 8? stands atadta difedt & wera wr a wenas at YS oat weal at aang dar wea are St et steer ATT) What is considered as Covered expenses in Medical and Repatriation Section of Overseas Madiclaim Insurance Policy? Mention the questions which are generally asked to a Proposer in Overseas Madiclaim Insurance Policy proposal form and also state what type of declaration is made by the Proposer. Te SIA: er ara 2 fH adsifey’ vied Sa ats oad ga wer a cafe Taree Ta Wea strates vifert H dat A PIS Fil aeaiftea viferet er 8? Itis stated generally that an'All Risks' policy is not literally so. Examine the above statement with reference to policy issued to cover Personal Jewellary and Valuables. What is valued policy? 10. Freee cer aftent afre aiftet & stata arate ats sift 10. Describe the coverages provided under Directors and Officers Liability Policy. 12 12 OCTOBER, 2010 STATS, 2010 Wehr utter AG-74 Qaat ata ASSOCIATESHIP EXAMINATION LIABILITY INSURANCE waa: 3 de] [eet afm : 100 Time: 3 Hours) [Total Marks : 100 ford one weet oh sere dif | vert wes & 16 ater e fed Ue atrare ae eA ora wat vedes Wer 12 st HE Answer EIGHT questions only. Question ONE carries 16 marks but this is not compulsory. All other questions carry 12 marks each. Marks 1. fas arrandt & arp goat aq areas Rat fafa 1 16 1. Write a critical note on legal background for professional negligence. 16 2. dhreres at tact Fe: 12 &) frst arhattat at ara a) Shen wa seh atatel at area? 2. How does the insured’s liability cause for 12 a) negligence of own employees b) negligence of Contractor and his employees? 3. Sa at Far eae & fasta wer ate: 12 a) dee (sveryR) 3) Re (Ween) 3. Whatare the specific questions in liability proposal for 12 a) Hotels b) Schools (Was H 6 Bim) 4. 3) adafrs Qa str afters 1991 3 siecha wearer yes ar AMtAW a) sere ANT Ofer an avi strc 2 AG -74 a) Drafta proposal form for insurance under Public liability Insurance Act, 1991. b) Describe "Products Guarantee Policy" attire sites & arate tan Sifter Pater & srart ses gare Enumerate the items of information ina Risk Assessment of Public Liability for industrial risks. Pree wer aftrard Sar vifert & sich erercoit ar fereqa H aots at Describe in detail the coverage provided under Directors' and officers' Liability Policy. a) “at Per’ a “att antes aqua” ate a arf are aI a) aie orittes dorian fem seis ar acta at a) Explain how "Stop Loss" or "Excess of Loss Ratio" treaty operates. b) Describe, North American Jurisdiction Extension Clause. arate 2am, statins stfter & staft atart arrachat ar sock aifere | Mention the exclusions under Industrial Risk Public Liability Policy. wet Seen sais & Pera wa aan, Sas siefa oe ww : a) arate tae (sitetfres sites) oiferdt ar a) seme eae viet Compare and contrast Claims Series Clause under : a) Public Liability (industrial Risk) Policy and b) Products liability Policy. 6each 12 12 12 10. 10. 3 AG -74 feeét ate 1 afta fecaftral feRac : (arts 4 sim) a) 2azgan uf Provera (1945) a) daa ster at seat fagteare &) tate cet 8) adufte aaa aftr 1991 % aiarta “anfers” Write short notes on any three : 4each a) Devendrakumar v/s Mirmalabai (1945) b) Special features of Liability Insurance ©) Res Ipsa Loquitor d) "Owner" under Public liability, Act, 1991. SATE, 2010 wateefire wetter AG-77 OCTOBER, 2010 galifrafer afta ASSOCIATESHIP EXAMINATION ENGINEERING INSURANCE wre: 3 de] [eet ata : 100 Time: 3 Hours] [Total Marks : 100 fordét ane oeat & ser etre | vert wes 16 sien F fend ae arare aat tI ara wet vet WHT 12 HHT Answer EIGHT questions only. Question ONE carries 16 marks but this is not compulsory. All other questions carry 12 marks each. Marks 1. Prafaftar & delet gar eo a oe ort arf fastamei ar sect aaifera: a) fata war at scifraftn dtr viferea&r 4 @) faafor aor her vifetea4r 6 a) Utara aor str vifeferar 6 1. Specify the features that are common : a) Indifferent types of Engineering Insurance Policies. 6 b) InConstruction Phase Insurance Policies. ©) In Operational Phase Insurance Policies. 6 (wets % 6 31m) 2, &) aeftad dees thn & ved 4 omy faete shied af a sete aifs. @) aetat dtr aed at afte a ofa daa orddteore Sifter ait Art at @? 2. a) Mention the special underwriting considerations in Machinery breakdown 6 each insurance. b) Why are process plants considered unsatisfactory risks for Machinery insurance? 2 : AG-77 Sten waa wi wetted ater ufo & sina amt ara saw areasal st 12 Wise aif) List out the principal exclusions of a Contractor's Plant and Machinery Insurance 12 Policy. %) a) a) b) *) @) a) b) ®) a) a) b) (wae 3 6 ai) aan ud aa daa sitet iq wasd wee wr A aan aart at mg att 2? ac frater fra aren 1% fear ara 2? Whaat information is elicited by the proposal for Boiler and Pressure Plant 6 each Policy? ‘What is the basis of rating ? omy at afte eft ster ar aia attra 8 atrrepa afer ar freer ae fare sat 8? 4 Describe Advance Loss of Profits Insurance? 8 How is Sum Insured fixed? 4 (arts % 6 31a) wie ferpit (srg) STS sits vita Heron aaa 8 wala aaSA ad at Cia er fre 7 wee at arer Reise sort & ak wm ate at ardateat act vet? sated titers & aera eafagte an freer da fer on 2? Identify the steps which a Surveyor could take for the purpose of claim 6 each control under D O S (Potatoes) insurance on receipt of immediate intimation of a breakdown claim, on cold storage machinery. What is the basis of indemnification under the above policy? wie-ae-searrs wife at yer Paster ar seks ate ai aaeU 12 3 dhrers & fare fra we cers 27 3 AG -77 7. Whatate the main features of Marine-cum-erection Policy andhowarethey 12 advantageous to the Insured. ASH 6 Fs) 8 &) patie at creer el wars waar eae ofa GF F starwaf st mafia ated arat at sete athe! @) Vain at dafers vale & nea 1K wal ater 8. a) Specify the factors which influence the insurer in deciding theretention, each while arranging reinsurance. b) Discuss importance of facultative method of re-insurance. 9. Prater crete raat ata Pda faetearet ar sete aifsre! 12 9. Mention the Fire Control Features at Construction Sites. 12 10. FeaziftH sea ster viet & at F frenga feet fefacs 12 10. Write a comprehensive note on Electronic Equipment Insurance Policy. 12 AG-78 aa ce ors ASSOCIATESHIP EXAMINATION MISCELLANEOUS INSURANCE waa: 3 a2] [eet sim : 100 ‘Time: 3 Hours] [Total Marks : 100 Perdt are veal & ser athe | vert yer 16 sien org ae atrared ae 1 ora oat Tete OT 12 HHH Answer EIGHT questions only. Question ONE carries 16 marks but this is not compulsory. All other questions carry 12 marks each. Marks 1 3) We afar qdear dtr ciferet ©.2,00,000 fhm ahr & sina 10 areas at steer ofa cen fafa araferecatiat eafagfetera waar ata site ser sash sth yee aefaftan ey Afar He a) wag cafe tea viferdt & fagtameit at ere aif) 6 1. a) Describe the various contingencies in which compensation/benefit is 10 available to the insured and the amount thereof under a Personal Accident Insurance Policy issued to an individual, assuming the sum insured to be Rs.2,00,000. Also, indicate the free additional benefits thereunder. b) Specify the salient features of a group personal accident policy. 6 2. 3) ua dhe diet & ave 1 ak we 1S airs sores St sa 8 SUT a sete FHT a) salad ster a alee fae soc 8? 4 2. a) _ Indicate the cover provided to the Insured under Section I and II of the 8 Money Insurance Policy. b) Which extentions are available under the above insurance? 4 3, dad ecthe afegt ster 3 dad a Prafeftas wet at ere ater a) ye fr afr 2 a) afatted dtr afr 2 a) trot a pa 2 2 AG -78 3) ydweret srafer ) afte Explain the following terms which are relevant to the Bankers’ Blanket Indemnity Insurance. a) Basic Sum Insured b) Additional Sum Insured ©) Reinstatement of Sum Insured d) Retroactive period ©) Excess BU NNN (arte % 6 3%) a) stats afeacta viet & fata avet & ints sacar sraut at Siera Haat strc a) stants afeacts aiferdt & iris far oiRadtat F ad st ger wet feat sre? a) Discuss briefly various sections of cover available under Overseas 6 each Madiclaim Insurance Policy. b) Under which circumstances, Claim will not be entertained under Overseas Madiclaim Insurance Policy? ahr dart ara deant star & siftas bq frene/cterctes & fafert ar arate war sah Raph & dat F Pattern fete & weqetat wat afer If the risk for Burglary Insurance is very large/complex, inspection is being arranged by the insurance company, for considering acceptance. Which aspects would such an inspection report, deal with? wy dtr} stata eaten cen str UR, ara, wars arash, fate wat et aT! Detail aspects like Valuation and sum insured, Coverage, Common exclusions, Special conditions under Cattle Insurance. 12 12 12 12 10. 3 Prafatad 9 8 feet ata 1 afer fecaftrat fate) a) WH aerdst & dae Fafa a) Gage dtr &) tsa aatre dor 3) fares (siaed) thst ster %) thes afar Write short notes on any three of the following : a) Missing Documents Indemnity. b) Sports Insurance c) Pedal Cycle Insurance d) Doctor's Package Insurance ) Facultative Reinsurance. a) Asada vifeet & sieia sractttat afer ater AG -78 (wie % 4 aia) 4each a) wafer ora ore fara sree & fasta wal ar secre atfare 4 a) Gift one at ad & ova an em Gach ahaa ay at Tend 8? 2 a) _ List out the exclusions under Mediclaim Policy. b) Specify the Special Conditions applicable to Maternity Expenses Benefit 4 Extension Cover. ©) Can we allow cumulative bonus to the policy holder after a Claim? 2 ake (aa) F saree feraer wrae At a wantat wal ater 12 Explain the types of Fidelity Guarantee Insurance available in the Market. 12 . ; (ante 34 sia) a) cara seat wife & sits ex ard at ater aA &.2,00,000 war dae ate 20,000 81 qeeat & aT ata rat at BAT at amar we ee | Raga ae at 2a ofe aan ehh? a) wm daent vifeet ster af &.40,00,000 & fae ard at me a1 sah sierfa &.30,000 ar sar Bam 81 wears fate ara aren Rage ean aa Siar TK eh TaN wT AKT &.30,00,000 21 aa at Fao afer 2a et? 10. a) b) 9 &. 30,000 at Bg 21 ae &. 50,000 stem Of we attra fare aT 2 aa ar fret star ar sat Gift at A at Tae ara st ag agartt & aro Patan st &. 40,000 at aft eg 21 ga after F Uiferet & sina fort aft ea eh? A Claims lodged under a Personal Accident Policy having a Sum Insured of Rs.2,00,000 and cumulative bonus of Rs.20,000. It pertains to loss of hearing of both ears due to an accident. The claim is found to be admissible. What would be the amount payable? ABurglary policy is issued for a Sum Insured of Rs.40,00,000. A Claim occurs thereunder of Rs.30,000. The surveyor's report states that the claim is admissible and the value of property at risk was totally Rs.30,00,000. What would be the amount of Claim payable? A Cashier covered under a collective Fidelity Guarantee policy, commits a fraud of Rs.30,000/-. He was insured for Rs.50,000 Sum Insured. ‘The Claim was duly settled. During the same Policy Year the said cashier commit another dishonest act and loss to employer of Rs.40,000. What would be the amount payable under the policy in this case? 4 AG -78 %) Byles Pavan wiaya afer & sieeta aratta tae ara stearerSt 4each weer, 2010 atte miter = AG-79 saat cer safteraer ater ASSOCIATESHIP EXAMINATION LIABILITY AND ENGINEERING INSURANCE wa: 3 ae] [ee He : 100 Time: 3 Hours] (Total Marks : 100 fardt ate eat & sere are | gerd oes He 16 ate F ferry ae aired aes ora oat weer wer 12 te St Answer EIGHT questions only. Question ONE carries 16 marks but this is not compulsory. All other questions carry 12 marks each. Marks ota 1. &) aitebvtescor & ee ah Prat sun at aetiad aoe at oh ao fa eRarct ar sae afta & sar & fee sete stat sree a Gare fae) @) wre at afm aft oifet at seve ar 2? goat fasta at caren afer 1. a) Inthe Era of Industrialisation suggest suitable cover to industry to protect 8 each from losses due to Business interuption in the event of failure of machineries. b) Whatis the object of the A. L. O. P. Policy? Explain its salient features. 2. Prafefag 4 a fret dts & at F xfer eorftra® fafag (welsh 4 ais) &) frente aa gaat ds @) dees fre n) afeware weer ore fret 4) fave dtr 2. Write short notes on any three of the following : 4each a) Extended claim reporting: Clause. b) Structured Settlement c) Carriage of Effluentextension d) Lift Insurance. 2 AG -79 ataen wa aa daa ater & after F %) ART oraw ar seta afer @) frfafad at oftere afar : (was & 3 ae) ) aa i) wa daa ii) Tarte faeate Inrelation to Boiler and Pressure Plant Insurance : a) Mention the basic cover. b) Give definitions of following terms : ) Boiler i) Pressure Plant iti) Chemical Explosion. =) ¢Uam cifet & dad F frafefac wet at aren atic : ) at sett i) | sift a) SU am aifeet & aieia sna ara srrastal ar avis affera a) Explain the Following terms in respect of EAR Policy : i) Period of Insurance i) Excess b) Describe the exclusions under EA R Policy. &) Geet aq ot satire citer & fee wage gee A A oR are fafta fai ar secta afer! @) wrattics viet & ainis steel or acheter eet 8g far fats areat fan fran aim ¢, saa sete aif) a) Outline various details sought in the Proposal form of Public Liability Policy forHotel. b) Specify the factors considered for rating Hotel under Public Liability Policy. 3 each AG -79 3 Prafefad 4 a feat att & at Ff dita fevaftrat fafa: (arta a 4 ai) 3%) a) m) 4) Pst sama wen dara a Per ere 8q ST Tes fasts eafaqftat Write short notes on any three of the following : 4 each a) b) °) ad %) a) a) b) 3) a) a) b) Private Nuisance The Law of Strict Liability Common defences to negligence Special Damages. (arte & 6 sa) afar sratca vifeet & sirtt start vadf as dar srastat am ants aif “aurard” we at oR 83 ee sa fre wet are aTaeTs uftttafeat a secre athe) Explain the Operative Clause and exclusions under Compulsory Public 6 each Liability Policy. Define the term "Negligence" and the Circumstances necessary to establish the same. (ara % 6 31%) gard fi 2 aie a agasta ¢ ot srarfars cen sere cafes viet & stele wae BT a a aa 1 wrattrs dtr vifeftat & atria art area “sere” ex at afRaTeT She) aad fH ae sere alas ster a fer atef F fra 2? Name the exclusions common to both Public and Product Liability 6 each Insurance Policies. Define "Product" under Public Liability Insurance Policies. How is it different in Products Liability Insurance. 10. oD) a) a) b) . i) a) a) b) & AG -79 (arts % 6 a5) "aft Sat amr aifereh & afta shen rater Be far wren art w fra fer or @, se Bare sHTT ona gsfifratin crea é¢ arr & fret Gata arisen st STAT Se 8, See ies awh aH List out the relevant factors to be considered for assessment of therisk 6 each foraCECR policy Briefly describe the reinsurance programme for Engineering business in India, generally followed. area ater ofr 3 oft Fare orere ac wae an mer Bea OM) Sit @, saan ata affine Prato eret oe art daar 8 arene art are dent wa-TaTa sorett & aye necaqel agi ar secte afer Explain the basis of loss settlement under Machinery Insurance Policy. 6 each Mention major points of importance of good house keeping in prevention of fires on construction sites. sess BATT ss END

You might also like