MMPF-011 · December 2025 · English
IGNOU MMPF-011 December 2025 Previous Year Question Paper
MANAGEMENT OF INSURANCE SERVICES
Structured previous year question paper for MMPF-011, December 2025 session.
Max marks: 100 · Questions: 9
Verified: 11 Sept 2026
MASTER OF BUSINESS
ADMINISTRATION
(MBA)
Term-End Examination
December, 2025
MMPF-011 : MANAGEMENT OF INSURANCE
SERVICES
Time : 3 Hours Maximum Marks : 100
Note :
(i) Attempt any five questions.
(ii) All questions carry equal marks.
Q1.Distinguish between 'Insurance' and 'Reinsurance'. Describe the basic functions of Reinsurance. [ 2 ]
Q2.Discuss the characteristics of Group Insurance. Explain the differences between Group Insurance and Individual Insurance.
Q3.Explain the need for Life Insurance and discuss the different types of life insurance products.
Q4.Explain the term ‘Micro-insurance’. How is it different from Conventional insurance ?
Q5.Discuss the basic principles of Insurance and their applicability to Fire Insurance.
Q6.Explain the types of disablement covered under Personal Accidents (PA) and the exclusions under this policy.
Q7.Define 'Solvency' and 'Solvency Margin'.
Q8.How is the solvency margin of an insurance company calculated ?
Q9.Write short notes on any four of the following :
(a) Mortality Rate
(b) Livestock Insurance
(c) Third Party Administrator (TPA)
(d) Motor Accident Claim Tribunal (MACT)
(e) Pradhan Mantri Jan Dhan Yojna (PMJDY)
(f) Crop Insurance