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BUSINESS STUDIES SUMMER VACATION ASSIGNMENT (Class XI-D & XI-E)Students need to Visit a Bank/Insurance Company and collect data related to their ic 1: Roll No- 1 to 7 Topic 2: Roll No- 8 tso 14Topic 3: Roll No- 15 to 21Topic 4: Roll No- 22 to the last roll ic 1: Life Insurance and gathering information on following aspects (Roll No- 1 to 7)1. History of Life Insurance2. Development of regulatory Mechanism.3. Insurance Companies providing Life Insurance in India4. Principles of Insurance applicable for life insurance.5. Types of Life Insurance6. Life Insurance products of few companies. Also mention the benefits.7. Importance of life insurance to an individual.8. How premium is calculated in Life Insurance.9. Claim settlement procedure10. Terminologies used in life insurance (premium, face value, market value, maturity value, surrender value) and their meanings.11. Interesting cases related to life insurance.12. Reference of films depicting people committing fraudulent acts with insurance companies.Also visit an Insurance Company and try to collect information related to that Company and its ic 2: Health Insurance (Roll No- 8 to 14)1. History of Health Insurance2. Development of regulatory Mechanism.3. Insurance Companies providing Health Insurance in India4. Principles of Insurance applicable for Health Insurance.5. Types of Health Insurance Policies6. Health Insurance products of few companies. Also mention the benefits.7. Importance of Health Insurance to an individual.8. How premium is calculated in Health Insurance.9. Claim settlement procedure10. Terminologies used in Health insurance (premium, face value, market value, maturity value, surrender value) and their meanings.11. Interesting cases related to Health insurance.12. Reference of films depicting people committing fraudulent acts with insurance companies.Also visit an Insurance Company and try to collect information related to that Company and its ic 3: General Insurance (Roll No- 15 to 21)1. History of Insurance2. Development of regulatory Mechanism.3. Insurance Companies in India4. Principles of Insurance.5. Types of General Insurance.6. Few General Insurance products. Also mention the benefits.7. Importance of Insurance to Businessman/individuals.8. . Benefits of crop, orchards, animal and poultry insurance to the farmers.9. How premium is calculated in General Insurance.10. Claim settlement procedure11. Terminologies used in General insurance (premium, face value, market value, maturity value, surrender value) and their meanings.12. Careers in Insurance.13. Interesting cases related to General insurance.14. Reference of films depicting people committing fraudulent acts with insurance companies.Also visit an Insurance Company and try to collect information related to that Company and its ic 4: Banking and gathering information on following aspects (Roll No- 22 to the last roll no.)History of Banking.History of Banking in India: Ancient India, Medieval Era, Colonial era, Post-Independence, Nationalization of Banks, Liberalization, current period.Banking Regulation.Banking Codes and standards.Banking Companies in India.Functions of Banks.Types of Banks.Importance of Banks to businessmen.Terminologies used (SLR, Repo Rate, Reverse Repo rate, CRR, Cheque, Draft etc.) and their meanings.Anecdotes and interesting cases of Banking. Reference of films depicting people committing fraudulent acts with banking companies.Careers in Banking.Globalization in the banking Industry.Also visit a Bank and try to collect information related to that bank and its products. ................
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