Semester : SEMESTER 3
Subject : Microeconomics II
Year : 2015
Term : NOVEMBER
Branch : Econometrics and Data Management
Scheme : 2020 Full Time
Course Code : ECO 3B 04
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2 D 92319
Amount insured/Actual value of property x Actual loss = ————_ ?
(a) Amount average. (b) Amount claim.
(c) Amount total. (d) Amount interest.
Insurance of insurance is ————— ?
(a) Recurrence. (b) Larceny.
(c) Freight. (d) Reinsurance.
Insurance providing cover for financial loss associated with illness is ———— ?
(a) Crop Insurance. (b) Health Insurance.
(c) Flood Insurance. (d) Property Insurance.
Medical Insurance policy that is available to people in the age group of 90 days to
75 years is ————— ?
(a) Health card. (b) Health shield.
(c) Health policy. (d) Health arogya.
plays a dominant role in the world commerce ?
(a) Tele-cash. (b) Cyber-cash.
(c) Money-cash. (d) Fund-cash.
involves insurance of ships ?
(a) Cargo. (b) Freight.
(c) Hull. (d) Liability.
(12 x 4%=6 marks)
Part B (Very Short Answer Type Questions)
Answer any ten questions
What do you mean by surrender in insurance ?
What are the kinds of life insurance policies in India ?
Briefly explain the risk management and insurance.
Explain the e-banking system in India.
What do you mean by debit card ?
What are the achievements of ATM in India ?
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