CBSE Class 12 Insurance Question Paper 2019

SET-4
Series BVM H$moS> Z§.
Code No. 310
amob Z§. narjmWu H$moS >H$mo CÎma-nwpñVH$m Ho$ _wI-n¥ð >na
Roll No. Adí` {bIo§ &
Candidates must write the Code on the
title page of the answer-book.

 H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _o§ _w{ÐV n¥ð> 7 h¢ &
 àíZ-nÌ _| Xm{hZo hmW H$s Amoa {XE JE H$moS >Zå~a H$mo N>mÌ CÎma-nwpñVH$m Ho$ _wI-n¥ð> na {bI| &
 H¥$n`m Om±M H$a b| {H$ Bg àíZ-nÌ _| >33 àíZ h¢ &
 H¥$n`m àíZ H$m CÎma {bIZm ewê$ H$aZo go nhbo, àíZ H$m H«$_m§H$ Adí` {bI| &
 Bg àíZ-nÌ H$mo n‹T>Zo Ho$ {bE 15 {_ZQ >H$m g_` {X`m J`m h¡ & àíZ-nÌ H$m {dVaU nydm©• _|
10.15 ~Oo {H$`m OmEJm & 10.15 ~Oo go 10.30 ~Oo VH$ N>mÌ Ho$db àíZ-nÌ H$mo n‹T>|Jo Am¡a
Bg Ad{Y Ho$ Xm¡amZ do CÎma-nwpñVH$m na H$moB© CÎma Zht {bI|Jo &
 Please check that this question paper contains 7 printed pages.
 Code number given on the right hand side of the question paper should be
written on the title page of the answer-book by the candidate.
 Please check that this question paper contains 33 questions.
 Please write down the Serial Number of the question before
attempting it.
 15 minutes time has been allotted to read this question paper. The question
paper will be distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m., the
students will read the question paper only and will not write any answer on
the answer-book during this period.

~r_m
INSURANCE

{ZYm©[aV g_` : 3 KÊQ>o A{YH$V_ A§H$ : 60
Time allowed : 3 hours Maximum Marks : 60

310 1 P.T.O.

gm_mÝ` {ZX}e :
(i) Bg àíZ-nÌ _| 33 àíZ em{_b h¢ {OZ_| go Aä`Wu H$mo {g\©$ 25 àíZ H$aZo H$s µOê$aV
h¡ &
(ii) àíZ-nÌ Xmo IÊS>m| _| {d^m{OV h¡ &
IÊS> A
 ~hþ{dH$ënr` àíZ /[aº ñWmZ ^[aE /grYo àíZ : Hw$b 12 àíZ em{_b h¢ Omo
1 – 1 A§H$ Ho$ h¢ & BZ_| go {H$Ýht 10 àíZm| Ho$ CÎma Xr{OE &

 A{V bKw CÎmar` àíZ : BZ_| Hw$b 7 àíZ em{_b h¢, àË`oH$ 2 A§H$ Ho$ h¢ & BZ_| go
{H$Ýht 5 àíZm| Ho$ CÎma Xr{OE &
 bKw CÎmar` àíZ : BZ_| Hw$b 7 àíZ em{_b h¢, àË`oH$ 3 A§H$ Ho$ h¢ & BZ_| go
{H$Ýht 5 àíZm| Ho$ CÎma Xr{OE &
IÊS> ~
XrK© CÎmar` /{Z~ÝYmË_H$ àíZ : BZ_| Hw$b 7 àíZ em{_b h¢, àË`oH$ 5 A§H$ Ho$ h¢ & BZ_|
go {H$Ýht 5 àíZm| Ho$ CÎma Xr{OE &
General Instructions :
(i) This question paper contains 33 questions, out of which the candidate
needs to attempt only 25 questions.

(ii) Question paper is divided into two sections.

SECTION A
 Multiple choice questions / Fill in the blanks/Direct questions :
contains total 12 questions of 1 mark each. Answer any 10 questions.
 Very short answer type questions : contains total 7 questions of
2 marks each. Answer any 5 questions.
 Short answer type questions : contains total 7 questions of 3 marks
each. Answer any 5 questions.

SECTION B
Long answer / Essay type questions : contains total 7 questions of 5 marks
each. Answer any 5 questions.

310 2

IÊS> A
SECTION A

{H$Ýht Xg àíZm| Ho$ CÎma Xr{OE & 1 10=10
Attempt any ten questions.

1. ~r_m _| dh nj Omo j{Vny{V© H$aVm h¡ AWdm Xÿgao nj H$mo g§^m{dV hm{Z H$s j{Vny{V© H$m
dMZ XoVm h¡, ___________ H$hbmVm h¡ &
In insurance, the party which indemnifies or undertakes to compensate
the other party of the potential loss is termed as ___________ .

2. EH$ {d{eîQ> nm°{bgr dh nm°{bgr hmoVr h¡ Omo __________ am{e Ho$ Omo{I_ H$m ~r_m àXmZ
H$aVr h¡ &
A specific policy is a policy which insures the risk for a __________
amount.

3. EH$ gmd©O{ZH$ godm dmhZ H$s {H$gr gdmar H$s gmd©O{ZH$ ñWmZ na _¥Ë`w AWdm emar[aH$
MmoQ> go g§~§{YV ~r_m Xo`Vm H$s am{e ___________ h¡ &
In respect of death or bodily injury to any passenger of a public service
vehicle in a public place, the amount of liability incurred is ____________ .

4. dh nm°{bgr {Og_| ~r_m H$s JB© {df`-dñVw H$s am{e H$s gh_{V ~r_m H$aZo dmbo VWm
~r_mH¥$V Ho$ _Ü` hmoVr h¡ VWm Omo nm°{bgr _| Xr JB© hmoVr h¡, H$mo __________ H$hVo h¢ &
___________ is the policy in which the value of the subject matter insured
is agreed upon between the insurer and the insured and is specified in
the policy itself.

5. Mmoar AWdm g|Y_mar H$s gyMZm BgHo$ K{Q>V hmoZo na ~r_m H$ånZr VWm nw{bg H$mo
___________ XoZr Mm{hE &
Information of the theft or the burglary should be given to the police and
the insurance company ___________ on the occurrence of the same.

6. ñdmñÏ` ~r_m ì`{º$`m| Ho$ _Ü` ____________ ì``m| Ho$ {bE Omo{I_ H$s ~r_m ì`m{ßV
h¡ &
Health insurance is an insurance against the risk of covering ___________
expenses among individuals.

310 3 P.T.O.

7. ~r_m _| dh nj Omo g§^m{dV hm{Z H$m ñWmZm§VaU H$aVm h¡ ‘~r_mH$Vm©’ H$hbmVm h¡ & Š`m
`h H$WZ ghr h¡ ?
In insurance, the party which transfers the potential loss is termed as the
‘Insurer’. Is the statement true ?

8. bmJV VWm ^m‹S>m g§{dXm Ho$ AÝVJ©V ~r_m nm°{bgr boZo H$m Xm{`Ëd _mb Ho$ {dH«o$Vm H$m h¡ &
Š`m `h H$WZ ghr h¡ ?
It is the responsibility of the seller of goods to take the Insurance Policy
under cost and freight contract. Is the statement true ?

9. ~r_m g§{dXm _| ~r_mH$Vm© Ho$ {bE à{V\$b ___________ h¡ &
The consideration for the insurer under an insurance contract is
____________ .

10. j{Vny{V© àXmZ H$aZo H$s {d{Y`m± h¢
(H$) ZJX ^wJVmZ
(I) _aå_V
(J) ~XbZm
(K) Cn`w©º$ g^r
Methods for providing indemnity are
(a) Cash payment
(b) Repair
(c) Replacement
(d) All the above

11. ~r_m Ho$ {ZåZ{b{IV {gÕmÝVm| _| go H$m¡Z-gm ~r_mH¥$V H$mo AnZr hm{Z go bm^ H$_mZo go
amoH$Vm h¡ ?
(H$) ~r_m {hV
(I) na_ gX²^md (AÀN>r ^mdZm)
(J) j{Vny{V©
(K) Cn`w©º$ _| go H$moB© Zht
Which of the following principles of insurance prevents the insured from
making a profit out of his loss ?
(a) Insurable interest
(b) Utmost good faith
(c) Indemnity
(d) None of the above

310 4

12. O~ {H$gr _hÎdnyU© VÏ`m| H$m µJ¡a-àH$Q>rH$aU YmoImY‹S>r go {H$`m OmVm h¡, Vmo ~r_m g§{dXm
hmo OmVm h¡
(H$) aÔ H$s Om gH$Zo dmbr (eyÝ`H$aUr`)
(I) Ad¡Y
(J) AàdV©Zr`
(K) A_mÝ`
When there is a fraudulent non-disclosure of material facts the insurance
contract becomes
(a) Voidable
(b) Illegal
(c) Unenforceable
(d) Void

{H$Ýht nm±M àíZm| Ho$ CÎma Xr{OE & 2 5=10
Attempt any five questions.

13. _yë`m§{H$V nm°{bgr (d¡ë`yS> nm°{bgr) na EH$ g§{jßV {Q>ßnUr {b{IE &
Write a brief note on Valued Policy.

14. bmJV, ~r_m VWm ^m‹S>m na EH$ g§{jßV {Q>ßnUr {b{IE &
Write a brief note on Cost, Insurance and Freight.

15. _moQ>a dmhZ ~r_m nm°{b{g`m| Ho$ AÝVJ©V Xmdo Ho$ {bE Amdí`H$ àboIm| H$s gyMr ~ZmBE &
List the Claims documents requirement in Motor Vehicle Insurance
Policies.

16. ‘ñdmñÏ` ~r_m ì`dgm`’ H$s n[a^mfm Xr{OE &
Define ‘Health Insurance Business’.

17. g|Y_mar VWm Mmoar _| AÝVa Xr{OE &
Give the difference between Burglary and Theft.

310 5 P.T.O.

18. ‘na_ gX²^md (AÀN>r ^mdZm)’ {gÕm§V H$m AW© Š`m h¡ ?
What is meant by principle of ‘utmost good faith’ ?

19. ‘{ZH$Q>V_ H$maU’ {gÕm§V H$m CëboI H$s{OE &
State the principle of ‘Causa Proxima’.

{H$Ýht nm±M àíZm| Ho$ CÎma Xr{OE & 3 5=15
Attempt any five questions.

20. ^maV _| {ZOr joÌ H$s {H$Ýht N>: gm_mÝ` ~r_m H$ån{Z`m| H$s gyMr ~ZmBE &
List any six General Insurance Companies in Private Sector in India.

21. A{½Z ~r_m Ho$ A§VJ©V ~r_m {H$E OmZo dmbr n[agån{Îm`m| H$s gyMr ~ZmBE &
Name the properties/assets that can be covered under Fire Insurance.

22. g|Y_mar VWm Mmoar ~r_m Ho$ AÝVJ©V ‘C{MV gmdYmZr’ H$mo g§jon _| g_PmBE &
Briefly explain ‘Reasonable Care’ under Burglary and Theft Insurance.

23. _moQ>a dmhZ ~r_m nm°{b{g`m| Ho$ {bE Cn`moJ _| AmZo dmbo \$m°_© H$ VWm \$m°_© I H$m g§jon _|
dU©Z H$s{OE &
Briefly describe the uses of Form A and Form B in Motor Vehicle
Insurance Policies.

24. ‘‘~r_m am{e _| _Ü`-Ad{Y ~‹T>moVar’’ VWm ‘‘~r_m am{e _| _Ü`-Ad{Y H$_r’’ H$mo g|Y_mar
VWm Mmoar ~r_m Ho$ A§VJ©V gm_mÝ` eVm] Ho$ ê$n _| g_PmBE &
Explain ‘‘Mid-term Increase in Sum Insured’’ and ‘‘Mid-term Reduction in
Sum Insured’’ as general conditions under Burglary and Theft Insurance.

25. CZ hm{Z`m| Ho$ Zm_ Xr{OE {OZH$m ~r_m A{½Z ~r_m nm°{bgr Ho$ AÝVJ©V Zht {H$`m Om
gH$Vm h¡ &
Name the losses that are not covered by a Fire Insurance Policy.

26. g_wÐr ~r_m _| ~r_m {hV H$m g§jon _| dU©Z H$s{OE &
Describe briefly Insurable Interest in Marine Insurance.

310 6

IÊS> ~
SECTION B

{H$Ýht nm±M àíZm| Ho$ CÎma Xr{OE & 5 5=25
Attempt any five questions.

27. ñdmñÏ` ~r_m Ho$ AÝVJ©V ~r_m H$s Om gH$Zo dmbr {d{^Þ _Xm| H$mo g§jo n _| g_PmBE &
Briefly explain the different items that are covered under Health
Insurance.

28. EH$ C{MV CXmhaU H$s ghm`Vm go ‘`moJXmZ Ho$ {gÕm§V’ H$mo g_PmBE &
With the help of a suitable example, explain the ‘Principle of
Contribution’.

29. ‘_moQ>a dmhZ ~r_m’ _| V¥Vr` nj Xmdm| H$m dU©Z H$s{OE &
Describe the third party claims in ‘Motor Vehicle Insurance’.

30. ‘ì`{º$JV XþK©Q>Zm ~r_m nm°{bgr’ H$s {deofVmAm| H$m dU©Z H$s{OE &
Describe the features of ‘Personal Accident Policy’’.

31. ‘OZab BÝewaoÝg H$m°nm}aoeZ Am°\$ B§{S>`m$’ H$s g§JR>ZmË_H$ g§aMZm H$mo g§jon _| g_PmBE &
Briefly explain the organisational structure of ‘General Insurance
Corporation of India’.

32. A{½Z ~r_m nm°{bgr _| ‘Am¡gV dmŠ` (Ymam)’ Ho$ _hÎd H$mo g_PmBE &
Explain the significance of ‘Average Clause’ in a Fire Insurance Policy.

33. _moQ>a dmhZ ~r_m nm°{bgr boZo H$s {H«$`m{d{Y H$m dU©Z H$s{OE &
Describe the procedure of obtaining Motor Vehicle Insurance Policy.

310 7 P.T.O.