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MECE-103 English Medium Solved Assignments 2024-25

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MECE-103 English Medium Solved Assignments 2024-25 Available

MECE-103: Actuarial Economics: Theory And Practice

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MECE-103 English Medium Solved Assignments 2024-25 Available

Section-A
Answer the following questions
1. Why is health insurance important for individuals? Describe the various types of health
insurance contracts.
2. Define the term risk. Discuss various categories of risk. How is valuation of risk made?
Section B
Answer the following questions
1. What are the assumptions on which the Black-Scholes theorem is based? What are the
important conclusions of the Black-Scholes theorem?
2. What is meant by annuities? Distinguish between various types of annuities.
3. Distinguish between the traditional approach and the integrated approach to risk
management.
4. Bring out the significance of extreme value theory.
5. Write short notes on the following:
a) Sinking Fund
b) Net Present Value
c) Hazard Function

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