This question paper contains 7 printed pages. ] 9603 Your Roll No. . B.Com. (H) AT B Elective Group : EB-Finance-II Paper XXII-INSURANCE AND RISK MANAGEMENT (Admissions of 2004 and onwards) Time : 3 Hours Maximum Marks : 75 (Write your Roll No. on the top immediately on receipt of this question paper.) (3a wet-a9 & Frert dt arr fee me Frertita TOT ara aTyaEHTH era |) Note: The maximum marks printed on the question paper are applicable for the candidates registered with the School of Open Learning for the B.Com. (Hons.) These marks will, however, be scaled down proportionately in respect of the students of regular colleges, at the time of posting of awards for compilation of result. Rurott : srer-o8 We siferr Goris “Teper aris ater caf’ & fain (sid) Fo vaa-yrg oat & fee arr 2) [P.T.0.Note: 1. (a) (b) (a) 9603 Rafia fenflat & fer st aiel a aargaiie pabtericor weherreer Gea aed GH PEAT STRAT | Answers may be written either in English or in Hindi; but the same medium should be used throughout the paper. 2 BM WeA-Wa Hl Sat ata ar fet feat we ar A aif, otfesa ast sat ar areay we ef eter alee Attempt all the five questions. All questions carry equal marks. Attempt all the parts of a question together. ae? afer wea Be Here | aul weal & He wars | wa a9 & aah uit & sae oH are AT) Explain the mechanism of insurance using an example. What are its benefits ? 7 What do you mean by subrogation ? How does it support the principle of ‘indemnity ? 8 Or Discuss various policy conditions in life insurance relating to : g (i) Continuation of policy (ii) Lapse of policy(b) Explain the principle of “utmost good faith” with reference to life and general insurance. 7 (3) shea wiser a serecr afer WASTER | Bae -PT ame? (a) wiaeaaa So arrer er aread 2? ae afagtd fram Al fea THER Gelaa HEM B ? ar (a1) Fra & ded & staat ator cht fafa grat at cage (3) 2. (a) (b) {a) 9603 @ aya at Fea Gi) dtr va ar arena (ema) ra staat dra sik aa aig & aad F “um aefavara” tafe feast Fifer | Examine the various factors which affect risk in life insurance. Also discuss the various sources of this risk information. 8 What is marine insurance ? Explain the main features of a marine insurance contract. 7 Or Discuss the various channels of distribution of life insurance. 7 3 [P.T.O.