Question:

In India Insurance Act was passed in

A.

1912

B.

1990

C.

1969

D.

1964.

Answer» a. 1912

Question:

The government of India passed the SFC Act in ———————

A.

1951

B.

1960

C.

1945

D.

1950.

Answer» a. 1951

Question:

Bank is an institution which deals with ————–

A.

money

B.

treatment

C.

education

D.

communication.

Answer» a. money

Question:

Upper bank of India was established in ———–

A.

1860

B.

1870

C.

1863

D.

1865.

Answer» c. 1863

Question:

Which one serves as a form of revolving credit?

A.

social bank

B.

debit card

C.

credit card

D.

e-purse.

Answer» c. credit card

Question:

Money market is a part of

A.

capital market

B.

rbi

C.

sbt

D.

financial market.

Answer» d. financial market.

Question:

Alternative Banking is ——————–

A.

tele banking

B.

social banking

C.

sms banking

D.

m-banking.

Answer» b. social banking

Question:

Consortium means ————————-

A.

partnership

B.

owner

C.

manager

D.

individual.

Answer» a. partnership

Question:

Ethical Banking is ——————–

A.

tele banking

B.

social banking

C.

sms banking

D.

m-banking.

Answer» b. social banking

Question:

The minimum amount to be remitted through RTGS is R.S

A.

2 lakh

B.

5 lakh

C.

10 lakh

D.

1 lakh.

Answer» a. 2 lakh