CS/BIRM/SEM-6/BIRM -602/2011
2011
REINSURANCE & INSURANCE MARKETING
Time Allotted : 3 Hours Full Marks : 70
The figures in the margin indicate full marks.
Candidates are required to give their answers in their own words
as far as practicable.
GROUP – A
( Multiple Choice Type Questions )
1. Choose the correct alternatives of the following :
10 × 1 = 10
i) Reinsurance is a contract between Insure and
a) Reinsurer b) Insured
c) Proposer d) none of these.
ii) Reinsurance is always a contract of
a) utmost good faith b) loss
c) indemnity d) profit.
iii) India Reinsurance Corporation was formed in the year
a) 1900 b) 1938
c) 1956 d) 1973.
iv) General Insurance Corporation of India formed
under...........Act
a) LIBNA b) SIBNA
c) GIBNA d) GOBNA.
v) Which one is Risk base treaty ?
a) Quota Share b) Facultative
c) Excess of loss d) Stop loss.
vi) World Reinsurance Account maintained by
a) GAPP of USA b) GAPP of India