MMPF-011 · December 2024 · English
IGNOU MMPF-011 December 2024 Previous Year Question Paper
MANAGEMENT OF INSURANCE SERVICES
Structured previous year question paper for MMPF-011, December 2024 session.
Max marks: 100 · Questions: 9
Verified: 11 Sept 2026
MASTER OF BUSINESS
ADMINISTRATION (MBA)
Term-End Examination
December, 2024
MMPF-011 : MANAGEMENT OF INSURANCE
SERVICES
Time : 3 Hours Maximum Marks : 100
Note : Answer any five questions. All questions carry
equal marks.
Q1.Define Reinsurance and discuss its importance.
Q2.Discuss any two types of Reinsurance.
Q3.What is Life Insurance ? Discuss how the pricing of Life Insurance products is done. [ 2 ]
Q4.Explain the concept of Micro Insurance. Discuss the channels of distribution for Micro Insurance.
Q5.What are the basic features of a Mediclaim Policy ? Discuss the different covers provided by an Health Insurance Policy.
Q6.Explain Fire Insurance. Discuss the principles of Insurance as applicable to fire insurance.
Q7.Define Corporate Social Responsibility (CSR) and give its benefits. Discuss the CSR initiatives undertaken by Life Insurance Corporation of India (LIC).
Q8.Discuss the Pradhan Mantri Jeevan J yoti Bima Yojana. Explain the process of claims settlement under Pradhan Mantri Jeevan Jyoti Bima Yojana. [ 3 ]
Q9.Write short notes on any four of the following :
(a) Group Gratuity Scheme
(b) Solatium Fund
(c) Weather-Based Crop Insurance Scheme
(d) Livestock Insurance
(e) Corporate Governance
(f) Unit-linked Contracts