WRP 3

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Weekly Progress Report

Internship 2024

Week – 10/20 - (From 15th April to 20th April 2024)

Name: Monisha MS SRN: PES1202204348


Email: [email protected] Mob: 9606670086

Attendance
Task Achieved
Date Task Assigned Present (P)/Absent
Yes/No
(A) or Holiday(H)
List of directors
and list
15-04-2024 of shareholders of Yes P
one
director
Associating DSC
in
MCA. DIR 3 KYC
16-04-2024 web yes p
based. DIR 3 KYC
form based. DIR 3
KYC Follow up
Statutory
17-04-2024 yes p
registration
18-04-2024 H
Preparing DIR-
3KYC DSC Follow
up. Mails
19-04-2024 Updating. SRN Yes P Signature of
Tracker Updating. Reporting officer
And statutory
registration

20-04-2024 college p

Week’s Total Days Days present - 6 Days Absent - 1

Cumulative Attendance till Last


week – Present days - 54 Total days - 51
54 Days (94.67%)

Cumulative Attendance – 54 days Present /Total – 54/57 Percentage – 94.67%

*Holiday means gazette holiday/Company holiday


Work Abstract

List of directors and list of shareholders of 1 company


Day 1

Associating DSC in MCA DIR3 KYC web based and forum based and follow up
Day 2

Preparing DIR-3 AND MPB-1 of 2 companies and mail update and DSC applying
Day 3
DSC update
ABSENT
Day 4

Preparing DIR-3KYC and Mail Updates, DSC applying, DSC client follow up, DIR
Day 5
8 and MPB-1 verification with master data
College work shop
Day 6

Project Report IEC -2 COMPLETED Working on data collection


Progress
Name & Signature with date Name & Signature with date

Student Internal Guide


Life insurance is a crucial financial security for individuals and their families, with the decision to
purchase influenced by psychological, social, and economic factors. The Indian insurance market has
evolved over time, with a mix of public and private players offering various life insurance products.
Understanding the features and benefits of each policy type is essential for informed purchase
decisions. Behavioral finance, a subfield of behavioral economics, offers insights into psychological
influences and biases that affect financial decision-making, including life insurance purchases.
Theories like expected utility theory, prospect theory, and risk aversion help explain how individuals
evaluate risks and make trade-offs between present and future financial security. This study aims to
explore the intersection of behavioral finance and life insurance purchase decisions, aiming to improve
consumer welfare and market efficiency.

The study focuses on life insurance purchasing preferences in Bangalore, India, a populated and
economically significant city. It uses a quantitative research approach, collecting primary data through a
survey questionnaire. The study tests the relationships between variables like financial literacy, age,
income, gender identity, and education level and their influence on life insurance purchase decisions,
using non-probability sampling technique.

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