Banking Awareness : Quiz 06
Banking Awareness : Quiz 06
Q.1) ‘NABARD’ was dedicated to which among the following Prime Ministers:
a) Gulzari Lal Nanda
b) Indira Gandhi
c) Shri Lal Bahadur Shastri
d) None of The Above
Q.2) ‘NABARD was dedicated to the service of the nation by the late PrimeMinister Smt. Indira Gandhi on:
a) 5 November, 1982
b) 10 November, 1982
c) 1 December, 1982
d) None of The Above
Q.3) ARDC stands for:
a) Agriculture Refinance and Development Corporation
b) Agriculture Research and Development Commission
c) Agriculture Research and Development Corporation
d) None of The Above
Q.4) Headquarter of ‘NABARD’ is located at:
a) Mangalore, Karnataka
b) Mumbai, Maharashtra
c) New Delhi
d) None of The Above
Q.5) The main function of NABARD is to provide refinance for rural credit disburse by the_______and other financial institutions as may be approved by the Reserve Bank of India:
a) State Co-operative Banks
b) The Regional Rural Banks
c) State Co-operative Banks and The Regional Rural Banks
d) None of The Above
Q.6) Oriental Life Insurance company was established at:
a) Delhi
b) Lahore
c) Calcutta
d) None of The Above
Q.7) Life Insurance Corporation (LIC) was came into existence in_______:
a) 1955
b) 1956
c) 1957
d) None of The Above
Q.8) Which among the following is correct about LIC’s absorption:
a) 154 Indian insurers
b) 16 non – Indian Insurers and 75 provident societies
c) 245 Indian and foreign insurers in all
d) All of The Above
Q.9) An Ordinance was issued on ________nationalizing the Life insurance sector:
a) 19 July, 1956
b) 19 January, 1956
c) 2 October, 1956
d) None of The Above
Q.10) In 1818, _________company was established:
a) Oriental Life Insurance Company
b) Britain Insurance Company
c) Standard Insurance Company Limited
d) None of The Above
Q.11) Head office of IRDAI was transferred from Delhi to Hyderabad in ______:
a) 2002
b) 2004
c) 2001
d) None of The Above
Q.12) Who announced the term insurance repository system in India:
a) Prime Minister
b) Finance Minister
c) T.S. Vijayan
d) None of The Above
Q.13) Insurance Repository is:
a) It is a facility to help policy holders.
b) It provides the facility, buy and keep insurance policies in electronic form rather than as a paper document
c) Insurance repositories like share depositories or mutual fund transfer agencies will hold electronic records of insurance policies issued to individuals and such policies are called “electronic policies” or “e – policies”
d) All of The Above
Q.14) IRDAI stands for:
a) Insurance Regulatory and Development Authority of India
b) Investment Regulatory and Development Authority of India
c) Insurance Reforms and Development Authority of India
d) None of The Above
Q.15) Headquarter of IRDAI is located at:
a) Hyderabad
b) New Delhi
c) Mumbai
d) None of The Above
