Question:

As an institution life insurance was established in

A.

1653

B.

1679

C.

i1769

D.

1980.

Answer» b. 1679

Question:

The first Indian Insurance company started in the year

A.

1882

B.

1956

C.

1850

D.

1982.

Answer» c. 1850

Question:

CTS in India is a project undertaken by ——————-

A.

sbt

B.

pnb

C.

sib

D.

rbi.

Answer» d. rbi.

Question:

General insurance business Act was passed in

A.

1972

B.

1856

C.

1850

D.

1948.

Answer» a. 1972

Question:

Industrial bank also known as

A.

investment bank

B.

state bank

C.

commercial bank

D.

unit bank.

Answer» a. investment bank

Question:

DFHI was set up in

A.

1988

B.

1982

C.

1956

D.

1948.

Answer» a. 1988

Question:

When an insurer transfers a part of risks on particular policy by insuring it with someothers. Then it is called—————

A.

insurance

B.

association

C.

re –insurance

D.

mutual companies.

Answer» c. re –insurance

Question:

Life insurance business was nationalized in the year

A.

1956

B.

1948

C.

1850

D.

1912.

Answer» a. 1956

Question:

MMMFs was introduced in

A.

1990

B.

1991

C.

1992

D.

1993

Answer» c. 1992

Question:

On 29th September 2015 the percentage of CRR is

A.

4.75

B.

4

C.

4.5

D.

6.5

Answer» b. 4