CBSE Computers And Life Insurance Administration Question Paper Class 12th (2010)

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Series OSS                                                                                                                               Code No.: 186
                                                     COMPUTERS AND LIFE INSURANCE ADMINISTRATION
                                                                                  (Theory) Paper II

Time allowed : 3 hours                                                                                                  Maximum Marks : 80
Note :

(i) Part A relates to Computers and Part B relates to Life Insurance Administration.
(ii) Answer both the parts.
(iii) Attempt all questions.
(iv) Marks for questions are given against each.

 

 

                                                                          PART A (COMPUTERS)

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1. Name two DBMS software packages other than RELATIONAL.    1

 

2. Name the type of Field organisation other than Indexed Sequential Organisation.    1

 

3. Mention  one  of  the  most  important  fields  where  AFM  helps policyholder’s servicing.    I

 

4. What do you mean by the term ‘INFORMATION’ ?    1

 

5. Describe decision-making in one sentence.    1

 

6. Name the method of Access and Media usable in respect of Sequential method of File organisation.    1

 

7. Write a short note on ‘Premium Notices’.    2

 

8. State the method of Access and Media usable in Indexed Sequential File organisation.    2

 

9. Describe in brief what is meant by Management Information System.    2

 

10. Explain briefly as to how life insurance is different from ordinary savings.    2

 

11. What is Back-up data file ?  What  is  the need for back-ups to be taken ? What is Father Back-up ?    3

 

12. Mention the main information required regarding agents for Master File.
      Also mention the biggest advantage of Agency Master File.    3

 

 

                                                          PART B (LIFE INSURANCE ADMINISTRATION)

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13. To obtain the document called _________ is the pre-condition for becoming an insurance agent.

      (Fill in the blank)    I


14. What do you mean by the term ‘Decentralisation’ ?    I


15. The primary job of a Development Officer is to appoint _________  and through them develop _________ business. (Fill in the blanks)    1


16. Name the system of book-keeping adopted by LIC of India.


17. Describe the constitution of Investment Committee of LIC of India.    1


18. What is Product Image ?    1


19. Mention the heads under which income can be classified for Income Tax purposes    2


20. Write a short note on ‘Segmentation’.    2


21. Expand the term ZTC and state its main functions.    2


22. Name the promoters of LIC Housing Finance Ltd.    2


23. Explain  the  meaning  of    ‘organisation’.. Why  is  an  organisation established ?    2


24. What is  a Budget Control Register ? Describe  the importance of maintaining such a register.    2


25. Briefly describe the importance of Post-Sales Service.    2


26. Briefly describe the functions of Accounts Department of a branch office of LIC.    3


27. Describe the Me of a Development Officer of LIC of India.    3


28. State the objectives of LIC Housing Finance Ltd.    3


29. Distinguish between Direct Taxes and Indirect Taxes. What types of taxes would be covered under Direct Taxes ?    3

30.  Which  are  the  two  types  of Audit ?  Mention  the  provisions of Regulations 46 and 47 of LIC Regulations, 1959.    3
31. Distinguish between
(i)     Prospect and Proposer
(ii)    Life Assured and Policyholder
Can a person be both Life Assured as well as Policyholder ?    5


32.  A branch office of LIC of India is a basic unit of growth and profit. Elaborate fully.    5


33. Mention the major areas of investment of LIC of India.    5


34. What are the possible reasons for any organisation to diversify its activities ? Also describe the need for diversification of activity in LIC.     5


35. PR activities can be the booster of the field force and directly help in marketing. Explain.
      Also  explain  the  importance  of  PR  activities  in  life  insurance industry.    5