SV"'S NMIMS

ANIL SURENDRA MODI SCHOOL OF COMMERCE

Academic Year: 2018-2019
Program: B.B.A. /%-.-- Se-, €-{fide Year: II Semester: Ill
Subject: Banking & Insurance Batch: 2017-20
Date: 17th November, 2018 Time: 11.00 am - 1.00 pin (2 hrs)
Marks: 60 No. of pages:±
Final Examination

Instructions:
1 a Section A is of 30 Marks based on Banking and Section 8 is of 30 Marks based on
Insurance.
2® Attempt all questions.
3® Figures to the right indicate maximum marks.

SECTION A

Q1. Expand the following Acronyms (1 mark each);

i. ASBA

ii. RTGS

iii. MICR

iv. RFC

v. NSDL

Q2. Answer the following (5 Marks each)

i. What do-you understand by Endorsements. Explain the types.

ii. "A cheque is a form of Bill of Exchange". Comment.
iii. Explain Nostro and vostro Accounts with an example, cilso write a brief note on FCNR
deposits.

Q3o Answer in detail .

i) What do you understand by clearing? State the process in brief. What is special crossin.g?.
(10 Marks)

SECTION 8

Q1. Write Short Notes on (All Compulsory) (5 Marks Each) (20 Marks)

ie Principles of Insurance
ii. Endowment

`2-
 Moneyback plan
iv. MWPA

Q2. Answer in detail (Any one) (10 Marks)

i. Explain ULIPS. How does it compare to mutual funds as an investment option forthe
customer?
ii. Define underwriting. Explain the process of underwriting.

j}/2-