BANKING QUIZ PART -28 [For BANKS & INSURANCE EXAM]

BANKING QUIZ PART -28

Q1. Which of the following types of companies/organisations issue ULIP ?
A. Insurance companies
B. Banks
C. NABARD
D. RBI



Q2.Expand the term CCEA as used in administrative circles?
A. Cabinet Commission on External Affairs
B. Cabinet Committee on Economic Affairs
C. Cabinet Committee on External Affairs
D. Cabinet Council on Economic Affairs

Q3.________________ is not a part of  Money Market? ?
A. Call money market
B. Bill market
C. Banks
D. Indian Gold council

Q4.The person other than the insured or insurer who has incurred losses or is entitled to receive payment due to acts or omissions of the insured is called 
A. First Person
B. Second Person
C. Third Person
D. Last Person

Q5. The conversion of the account balance of a deferred annuity contract to income payments is termed as
A. Coverage
B. Pure Risk
C. Annuitization
D. Proximate Clause

Q6. Which of the following is the regulator of insurance sector in India?
A. AMFI
B. RBI
C. SEBI
D. IRDA

Q7.Which of the following terms is NOT related to the insurance sector? ?
A.Indemnity
B.Coverage
C.Misuse Alert
D.Annuity

Q8.FSDC stands for ?
A. Financial Security Division Council
B. Financial Stability and Development Council
C. Fiscal Security and Development Convention
D. Fiscal Stability and Development Council

Q9. Selling insurance through groups is called ________ ?
A. Affinity sales
B. Group risk
C. Non-admitted Insurer
D. Proximate Clause

Q10.State Bank of India entered into a joint venture agreement for undertaking general insurance business? ?
A. New India Assurance Ltd.
B. Insurance Australia Group
C. Lehman Brothers Holdings Inc.
D. Allianz