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  • Exam. Code: 108504 Subject Code: 2053: Semester Principles and Practices of Banking and Insurance Paper: BCG - 405

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    Kashish Sharma
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    General insurance policies have several key features. They provide coverage for risks like fire, marine cargo, and motor insurance. The insurance sector in India has seen significant privatization in recent decades. Private companies now account for over 50% of the insurance market. Insurance regulation has also improved with the establishment of the Insurance Regulatory and Development Authority (IRDA) to supervise the industry and protect policyholders.

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    General insurance policies have several key features. They provide coverage for risks like fire, marine cargo, and motor insurance. The insurance sector in India has seen significant privatization in recent decades. Private companies now account for over 50% of the insurance market. Insurance regulation has also improved with the establishment of the Insurance Regulatory and Development Authority (IRDA) to supervise the industry and protect policyholders.

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    16 views1 page

    Exam. Code: 108504 Subject Code: 2053: Semester Principles and Practices of Banking and Insurance Paper: BCG - 405

    Uploaded by

    Kashish Sharma
    General insurance policies have several key features. They provide coverage for risks like fire, marine cargo, and motor insurance. The insurance sector in India has seen significant privatization in recent decades. Private companies now account for over 50% of the insurance market. Insurance regulation has also improved with the establishment of the Insurance Regulatory and Development Authority (IRDA) to supervise the industry and protect policyholders.

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    8. Explain the features of some policies of general insurance. Exam.

    Code : 108504
    Highlight the progress in privatization of Insurance Sector. Subject Code : 2053

    B.Com 4th Semester


    PRINCIPLES AND PRACTICES OF BANKING
    AND INSURANCE
    Paper: BCG - 405

    Time Allowed—2 Hours] [Maximum Marks—50


    Note :— There are Eight questions of equal marks. Candidates
    are required to attempt any four questions.
    1. What are the principles of sound lending ? Explain the
    various methods of granting advances.
    2. Elaborate the role and functions of Central Bank of India.
    3. Briefly explain-
    (i) Financial inclusion
    (ii) Internet banking
    4. What is Asset Liability Management ? Discuss its techniques.
    5. What is the relevance of insurance in a developing country
    like India ? Discuss principles of insurance.
    6. Elaborate the nature of life insurance contracts. Discuss
    the characteristics of life insurance contracts.
    7. Discuss the salient features of IRDA Act.

    6516(2721)/II-5652 2 6516(2721)/II-5652 1

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