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1

Attempt the questions:-

(f) Non-taritt regime

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Discuss the importance of insurance sector in the economic development of developing countries like India.

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(e) Linked Business

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d) Rural Insurance

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c) Ombudsman

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(b) Insurance Brokers

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a) Registration of insurance companies

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Explain the terms (a) Fair Value Change Account and (b} Technical Account in relation to financial statements of insurance companies. 

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What is micro insurance? State the IRDA guidelines relating to conduct of micro insurance business in India.

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What ate Third Party Administrators (TPAs)? What is their role insurance intermediation? 

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Briefly explain the various marketing strategies adopted by life insurance players in India.  

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Discuss the various policy initiatives of IRDA for protection of policy holders interest.

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State the obligations of insurance companies towards rural and social sectors as per IRDA guidelines. What far these have been fulfilled?

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 Highlight the core regulatory framework of insurance business in india

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Q2 Privatisation of Insurance industry has increased the competition in the sector with new opportunities and new risks. Elucidate. 

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Write short note on:

(c) Unexpired risk

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Write short note on:

(d) Bancaasurance

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Write short note on:

(c) Rural Insurance

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Write short note on:

(b) Insurance Agents and Brokers

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Write short note on:

(a) Role of Insurance in economic development of a country.

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Q6 The success of insurance business depends upon intermediation. In light of this statement, explain the various insurance intermediaries and their role. 

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Q9 Discuss the impact of transiting from tariff to non-tariff business India. State the various products that have undergone transitions. 

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Q8 Bricfly comment the implications of IRDA guidelines on Assets, Liabilities and Solvency margin for formulation and exccution of financial and investment strategies of insurance companies in India.

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Q7 State the requirements to be fulfilled to form a new insurance company in Indian under the IRDA, Regulations, 2000, (Registration of New Insurance Company).

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Q5 What is the importance of licensing of insurance agents? List the requirements to be fulfilled in order to become an insurance agent under the IRDA regulations? 

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04 Explain the IRDA regulations concerning the insurance Advertisements and Disclosures. 

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Q3 Discuss the major issues concerning the insurance business in India. Comment on the role of regulators in this regard. 

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