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Roll No. .......................... Total Pages : 03

OBCQ/M-20 12403
FUNDAMENTALS OF INSURANCE-II
Paper [BC-(B1)606/BBI-VI]
Time : Three Hours] [Maximum Marks : 80

Note : Attempt Five questions in all. Q. No. 1 is compulsory.

All questions carry equal marks.
dqy ik¡p iz'uksa ds mÙkj nhft, A iz'u 1la[;k
vfuok;Z
gS A lHkh iz'uksa ds vad leku gSa A

Compulsory Question (vfuok;Z iz'u)

1. Write short notes on the following :

(i) Insurable Interest
(ii) Promotion strategies of Insurance
(iii) Nomination in Life Insurance Policy
(iv) Various departments of LIC central office
(v) Product pricing in insurance
fuEufyf[kr ij laf{kIr fVIif.k;k¡ fyf[k, %
(i) chek ;ksX; fgr
(ii) chek lEcfU/r izksUufr uhfr
(iii) thou chek ;kstuk esa ukekadu

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(iv) thou chek fuxe dsUnzh; dk;kZy; ds fofHkUu foHkkx

(v) chek&i=k dk ewY; fu/kZj.k A

2. What do you mean by Insurance claims ? Discuss the

essential conditions and procedure regarding settement of
claims.
nkoksa ls vkidk D;k vfHkizk; gS \ chfer nkoksa chfer ds fuiVkjs
ds fy, vko';d 'krks± vkSj dk;Zokgh dk o.kZu dhft, A

3. What is Assignment of Life Insurance Policies ? What

are its features and conditions ? Discuss various types of
assignments and rules regarding assignment.
thou chek i=k dk gLrkadu D;k gS \ gLrkadu dh fo'ks"krk,¡
vkSj 'krs± dkSu&dkSulh gSa \ gLrkadu ds izdkj vkSj blls lEcfUèkr
fu;eksa dk mYys[k dhft, A

4. What do you understand by Life Insurance Contract ?

What are various principles of Life Insurance Contract ?
thou chek vuqcU/ ls vkidk D;k vfHkizk; gS \ thou chek
vuqcU/ ds fofHkUu fl¼kUr dkSuls gaS \

5. Explain the different distribution channels in Insurance.

What are the eligibility criteria for brokers ?
chek esa fofHkUu forj.k pSuyksa dks le>kb, A czksdj ds fy,
ik=krk ds ekinaM D;k gSa \

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6. What do you mean by Actuary ? What are the important

qualifications to be an Actuary ? Explain the role of
Actuary in Life Insurance Business.
chekadu ls vkidk D;k rkRi;Z gS \ ,d chekadd dh fu;qfDr ds
fy, vko';d ;ksX;rk,¡ dkSulh gSa \ thou chek ds O;olk; esa
,d chekadd ds dk;ks± dk o.kZu dhft, A

7. Write a detailed note on IRDA Act, 1999. Also describe

the role of IRDA.
vkbZ-vkj-Mh-,-
(IRDA) vf/fu;e] 1999 ij ,d foLr`r fVIi.kh
dhft, rFkk vkbZ-vkj-Mh-,- dh Hkwfedk dh O;k[;k dhft, A

8. Explain the salient features of LIC Act, 1956.

Hkkjr thou chek vf/fu;e]1956 dh izeq[k fo'ks"krkvksa dk
o.kZu dhft, A

9. Explain the conditions and procedure of filing a complaint

with an Ombudsman.
vksecM~leSu ds ikl f'kdk;r ntZ djus ds fy, vko';d 'krks±
vkSj dk;Zfof/ dk o.kZu dhft, A

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