CS/BIRM/SEM-5/BIRM-503/2011-12
2011
LIFE INSURANCE
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 for any ten of the following :
10 × 1 = 10
i) An insurer, as a trusty, has to ensure that
a) the life fund is safe
b) the life fund earns the maximum interest
c) both of these
d) neither of these.
ii) A human being
a) an economic asset
b) an income earning asset
c) a perishable asset
d) all of these.
iii) The 'probability' of an event is mentioned
a) as a ratio b) as a percentage
c) neither of these d) ether of the two.
iv) Insurance benefits
a) individuals b) the country
c) the society d) all of these.
v) Which of the following risks are insurable ?