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Insurance Model Question Paper

11th Standard

    Reg.No. :
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Commerce

Time : 02:00:00 Hrs
Total Marks : 50
    5 x 1 = 5
  1. The basic principle of insurance is ________.

    (a)

    Insurable Interest

    (b)

    Co-operation

    (c)

    Subrogation

    (d)

    Proximate cause

  2. ___________ is not a type of general insurance.

    (a)

    Marine Insurance

    (b)

    Life Insurance

    (c)

    Fidelity Insurance

    (d)

    Fire Insurance

  3. Which of the following is a type of marine insurance?

    (a)

    Money back

    (b)

    Mediclaim

    (c)

    Hull insurance

    (d)

    Corgo insurance

  4. Which of the following is covered under Life Assurance policy?

    (a)

    Annuity Policy

    (b)

    Health Policy

    (c)

    Freight Policy

    (d)

    Crop Policy

  5. The year of Insurance Act is

    (a)

    1932

    (b)

    1935

    (c)

    1938

    (d)

    1940

  6. 6 x 2 = 12
  7. List any five important types of life policies.

  8. What is health insurance?

  9. Who is a Nominee?

  10. What is re-insurance?

  11. What is Double Insurance?

  12. What is 'Proximate cause'?

  13. 6 x 3 = 18
  14. Define Insurance.

  15. Write a note on IRDAI.

  16. What are the Duties and Functions of IRDAI.

  17. What is Marine Insurance? What are its features?

  18. What is subrogation?

  19. What are the types of Business Risks?

  20. 3 x 5 = 15
  21. Explain the Principles of insurance.

  22. Discuss the causes of risk.

  23. Explain the types of Life policies.

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