As per Section 45 of Insurance Act, 1938, an insurance company can reject a claim within 2 years from issuance of policy if the material facts in the proposal are proved _________
A. True
B. False
C. Not worthy
D. Irrelevant
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A person can be presumed to be dead if he has not been heard about for
A. 5 years
B. 6 years
C. 7 years
D. 10 years
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What is the time limit set for an insurer by IRDA Regulations for calling for documents from the date of receipt of claim intimation?
A. 5 days
B. 10 days
C. 15 days
D. 30 days
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What is the time limit set for an insurer by IRDA Regulations for settling non-early claims from date of receipt of all documents.
A. 5 days
B. 10 days
C. 15 days
D. 30 days
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Which is the first Indian Commercial Bank that was fully owned and managed by Indians?
A. State Bank of India
B. Allahabad Bank
C. Central Bank of India
D. Canara Bank
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Which was the first Indian bank started solely with Indian Capital?
A. Punjab National Bank
B. Andhra Bank
C. Indian Overseas Bank
D. Syndicate Bank
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Which bank has started as a private shareholders bank, mostly by European shareholders?
A. Bank of India
B. Bank of Baroda
C. Dena Bank
D. Imperial Bank of India
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In which city the head office of Corporation Bank is situated?
A. Bengaluru
B. Mumbai
C. Mangalore
D. Kolkata
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Which of the following statements are true about NABARD?
A. It is a development bank in the sector of Regional Rural Banks in India
B. It provides and regulates credits in the rural area
C. It gives assistance for the promotion and development of rural sectors, mainly agriculture
D. It finances rural crafts
E. All of these.
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Which of the following statements are true about Co-operative Banks in India?
A. It has a three-tier set-up
B. State Co-operative Banks does not have access to RBI
C. It is an urban oriented Bank
D. It functions on sound business principles
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Fiscal policy is related with which of the following?
A. Public Revenue and Expenditure
B. Education for All
C. Import and Export
D. None of the above
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Which of the following organization decides Repo Rate?
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What are true about IMF?
A. It's headquarter is situated at Washington, D.C
B. It works to foster economic stability and global growth by providing policy, advice and financing to members
C. It negotiates conditions on lending and loans under their policy
D. It oversees the fixed exchange rate arrangements between countries
E. All of these
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Which bank is the sponsor of Prathama Gramin Bank?
A. Bank of Baroda
B. Indian Bank
C. Punjab National Bank
D. Syndicate Bank
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Which of the following is not a public sector bank in India?
A. Andhra Bank
B. Federal Bank
C. IDBI Bank
D. Vijaya Bank
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What is the expanded form of the term ALM used in the banking sector?
A. Asset Liability Maintenance
B. Asset Liability Management
C. Asset Liability Manipulation
D. Asset Liability Maximisation
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Which of the following is not a part of India's Money Market?
A. Banks
B. Bill Markets
C. Call Money Market
D. Indian Gold Council
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Which one of the following does not belong to regulatory bodies in India?
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Which one of the following is the special drawing rights given by the International Monetary Fund to its member countries?
A. Cold money
B. Hot money
C. Paper gold
D. None of the three
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In pursuance of which one of the following was the General Insurance Corporation of India was formed?
A. General Insurance Business (Nationalization) Act, 1972
B. Insurance Act, 1938
C. Insurance Amendment Act, 2002
D. IRDA Act 1999
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