DISSERTATION REPORT ON Marketing of General Insurance Products (with special reference to Iffco- Tokio General Insurance) SUMITTED IN PARTIAL FULFILLMENT OF THE RQUIREMENT OF THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION H.N.B. GARHWAL UNIVERSITY SRINAGAR‚ GARHWAL SUBMITTED BY: SUBMITTED TO: Vaibhav Joshi Ms. Prapti Tandon MIB IVth Sem Faculty of IMS MIB06037 INSTITUTE OF MANAGEMENT STUDIES‚ DEHRADUN CERTIFICATE I have the pleasure in certifying that Mr
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UNIT 3 GENERAL INSURANCE General Insurance: Principles‚ products (Fire‚ Marine‚ Motor vehicles‚ public liability‚ third party insurance‚ medi-claim and health policies‚ group insurance‚ burglary insurance). 1 Sunil Kushwaha INTRODUCTION Insurance is an important aid to minimize the effect of uncertainties of life as well as property. With the increasing complexities in our personal and professional life‚ the range of risks that the insurance companies accept has also expended
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commits a senseless‚ apparently unprovoked slaying. As Meursault starts off as removed‚ emotionless man without a care for his friends and family aspects of Camus’s philosophy of the “absurd” can be uncovered. On the surface‚ Meursault’s apathy and indifference signify not a failed man‚ but an fully‚ self-aware absurd one however; it is not until Meursault is faced with the absurdity of the human condition during his murder trial and subsequent death sentencing that he truly develops into the “absurd
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constant” – prove the above statement by explaining with an illustrated schedule and a diagram 7) What do you mean MRS? What happens to MRS when consumer moves downwards along the indifference curve? Give reason 8) Draw the demand curve with a schedule and explain the law of demand. 9) State and explain the properties of indifference curve [3] [3] [3] [3] [1] [1] [1] [1] [1] Max Marks: 100 Page 1 of 4 10) Explain the law of Diminishing marginal utility with the help of a diagram and a schedule 11)
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Legend. People dont always strive‚ and sometimes people fail when searching for their PersonalLegend. WeaknessesSantiago sees in his sheep are their indifference‚ pessimism‚ and dependence which also relate tothe weaknesses of humans who fail topursue their Personal Legend.One of the weaknesses Santiago notices in his sheep is their indifference. Paulo Coelho wrote‚ They were content with just food and water‚ and in exchange‚ they generously gave of their wool‚ company‚ and once in a while
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We can depict Robinson production opportunities and preferences over the two goods. At this point‚ the slope of the indifference curve must equal the slope ofthe production function by the standard argument: if they crossed‚ therewould be some other feasible point that was preferred. The utility maximizing choice for Robinson must be the point at which the highest indifference curve just touches the production function. Why? At any point inside the production function‚ Robinson could choose a
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Elasticity- The measure of sensitivity of quantity supplied to changes in price. Demand Elasticity- The measure of responsiveness of the consumers to the changes in price. Classification of Demand Elasticity 1.Elastic Demand- when the quantity demanded is greatly affected by the changes in price. 2.Inelastic Demand- the quantity demanded increase in price creates a lesser change in the percentage in quantity demanded. 3.Unitary Demand- when there is an
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However‚ in the translation by William Quan Judge‚ Vishnu says‚ “The sattva quality attaches the soul through happiness and pleasure‚ the rajas through action‚ and tamas quality surrounding the power of judgement with indifference attaches the soul through heedlessness.” In the Barabara Stoler Miller’s translation‚ Vishnu says‚ “transcending the three qualities that are body’s source‚ the self achieves immortality.” Both translation wants the person to essential master and
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Plot and label the following bundles. A (2‚ 10) B (6‚ 2) C (0‚ 4) D (8‚ 10) E (4‚ 6) b. Assume A is indifferent to B. On a single line‚ list all the bundles in descending order of preference using (≻) to denote strict preference and (∼) to denote indifference between adjacent pairs as‚ e.g.‚ in the form A ≻ B ≻ C ∼ D ≻ E. 2. Consider an economic agent who has preferences that are represented by the utility function: u(x‚ y) = √ xy a. For each pair of bundles A and B‚ indicate whether A ≻ B‚ A ≺
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output and income resulting from various natural and manmade events. Agricultural Insurance is a means of protecting the agriculturist against financial losses due to uncertainties that may arise agricultural losses arising from named or all unforeseen perils beyond their control (AIC‚ 2008). Unfortunately‚ agricultural insurance in the country has not made much headway even though the need to protect Indian farmers from agriculture variability has been a continuing concern of agriculture policy. According
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