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General Knowledge :: Insurance Awareness

  1. Which bank is the sponsor of Prathama Gramin Bank?
  2. A.
    Bank of Baroda
    B.
    Indian Bank
    C.
    Punjab National Bank
    D.
    Syndicate Bank

  3. Which of the following is not a public sector bank in India?
  4. A.
    Andhra Bank
    B.
    Federal Bank
    C.
    IDBI Bank
    D.
    Vijaya Bank

  5. What is the expanded form of the term ALM used in the banking sector?
  6. A.
    Asset Liability Maintenance
    B.
    Asset Liability Management
    C.
    Asset Liability Manipulation
    D.
    Asset Liability Maximisation

  7. Which of the following is not a part of India's Money Market?
  8. A.
    Banks
    B.
    Bill Markets
    C.
    Call Money Market
    D.
    Indian Gold Council

  9. Which one of the following does not belong to regulatory bodies in India?
  10. A.
    FMC
    B.
    IRDA
    C.
    PFRDA
    D.
    SEBI

  11. Which one of the following is the special drawing rights given by the International Monetary Fund to its member countries?
  12. A.
    Cold money
    B.
    Hot money
    C.
    Paper gold
    D.
    None of these

  13. In pursuance of which one of the following was the General Insurance Corporation of India was formed?
  14. A.
    General Insurance Business (Nationalization) Act, 1972
    B.
    Insurance Act, 1938
    C.
    Insurance Amendment Act, 2002
    D.
    IRDA Act 1999

  15. What does the letter 'S' denote in the term IFSC?
  16. A.
    Subscriber
    B.
    State
    C.
    System
    D.
    Source

  17. A method of valuing insured property or the value computed by that method is known as
  18. A.
    Actual cost validity
    B.
    Actual cash value
    C.
    Replacement cash value
    D.
    Normal cost value

  19. _____________ is the maximum amount an insurance company will pay if an insured asset is deemed a total loss.
  20. A.
    Insurance value
    B.
    Actual value
    C.
    Replacement value
    D.
    Guaranteed Replacement Cost