SANKARA COLLEGE OF SCIENCE AND COMMERCE

SARAVANAMPATTY, COIMBATORE – 35

DEPARTMENT OF MBA
Unit Test 1
Subject Name: Principles of insurance Time: 2 Hrs Class: II MBA Max Marks: 50

Section A (3 x 6 = 18)

1 A) What are the types of risk?

OR
B) What is Risk?

2. A) What are the Feature of risk management?

OR
B) How do you measure risk?

3. A) What are the types of liability damages?

OR
B) How do you identify risk in insurance?

Section B (2 x 10 = 20)
4. Explain the process of risk management.
5. Explain the techniques of estimating loss.

Section C (1 x 12 = 12)

(Compulsory questions)
6. Explain in functions of insurance and its advantages and disadvantages in detail