Banking and Insurance (Part 27)

(261) Basic Life insurance policies include :-

 (1) Term insurance

 (2) Annuity contracts

 (3) Pension plans

 (4) (1)&(2) are true

 (5) (1),(2)&(3) are true

(262) Long term debt instruments have a maturity of :-

 (1) Over one year

 (2) Over three year

 (3) Over five year

 (4) Over seven year

 (5) None of the above

(263) Cancellation of a Guarantee is known as “_____”.

 (1) revocation

 (2) retaliation

 (3) reimbrushment

 (4) reissuance

 (5) none of the above

(264) The unorganised market is made of :-

 (1) Money lenders

 (2) Money depositor

 (3) Money investors

 (4) all the above

 (5) none of the above

(265) Functions of R.O. of a bank include :-

 (1) Inspection/audit

 (2) Control on branches

 (3) Grant loans/advances

 (4) (1)&(2) are true

 (5) (1),(2)&(3) are true

(266) Financial Services offered by PFC include :-

 (1) Term loans

 (2) lease finance

 (3) Loan Syndication

 (4) (1)&(2) are true

 (5) (1),(2)&(3) are true

(267) Functions of NIDHIs include :-

 (1) Accepting Deposits

 (2) Encourage thrift

 (3) cancellation of loans

 (4) (1)&(2) are true

 (5) (1),(2)&(3) are true

(268) In case of a Life policy it is possible to withdraw from the obligation to\r\ncontribute further premium by :-

 (1) Surrendering the policy

 (2) Converting it into paid up\r\npolicy

 (3) Assigning it in the open market

 (4) (1)&(2) are true

 (5) (1),(2)&(3) are true

(269) Mutual fund has main entities like :-

 (1) Sponsor

 (2) Trust

 (3) Asset Management company

 (4) (1)&(2) are true

 (5) (1),(2)&(3) are true

(270) Agricultural Finance Consultancy Ltd(AFC) activities cover :-

 (1) Pre-feasibility studies

 (2) Regional /Sectoral planning

 (3) Benchmark Surveys

 (4) (1)&(2) are true

 (5) (1),(2)&(3) are true

Answers: (261) 5 (262) 1 (263) 1 (264) 1 (265) 5 (266) 5 (267) 4 (268) 5 (269)\r\n5 (270) 5

Labels