Google News
logo
Insurance and Finance - General Knowledge Questions
A)
Population control
B)
Issue of currency
C)
Export and import
D)
Public revenue and expenditure

Correct Answer : Option (D) - Public revenue and expenditure

Fiscal Policy is concerned with public revenue and public expenditure and debt. Fiscal policy helps to ensure economic stability and economic growth. During inflation, revenue is decreased.

A)
NRIs
B)
Promoters
C)
Employees
D)
Existing Shareholders

Correct Answer : Option (C) - Employees

A)
Cabinet Committee on Economic Affairs
B)
Cabinet Committee on External Affairs
C)
Cabinet Council on Economic Affairs
D)
Cabinet Council on External Affairs

Correct Answer : Option (A) - Cabinet Committee on Economic Affairs

A)
Fiscal Stability and Development Council
B)
Financial Security and Development Council
C)
Financial Security and Development Council
D)
Financial Stability and Development Council

Correct Answer : Option (D) - Financial Stability and Development Council

A)
Public Life Insurance
B)
Postal Life Insurance
C)
Post Life Insurance
D)
Portal Life Insurance

Correct Answer : Option (B) - Postal Life Insurance

Postal Life Insurance : PLI offers the following six types of policies : Whole Life Assurance (Suraksha)

A)
International Financial Reporting Standards
B)
International Financial Reporting Systems
C)
Indian Financial Reporting Systems
D)
Indian Financial Reporting Standards

Correct Answer : Option (A) - International Financial Reporting Standards

International Financial Reporting Standards (IFRS) were established to bring consistency to accounting standards and practices, regardless of the company or the country. They are issued by the Accounting Standards Board (IASB) and address record keeping, account reporting, and other aspects of financial reporting.

A)
Net Accounting Venture
B)
Nill Accounting Variation
C)
Net Asset Value
D)
New Asset Venture

Correct Answer : Option (C) - Net Asset Value

A)
Now be double sure
B)
Trusted Since 1906
C)
Total Insurance Solutions
D)
Your Partner for Prosperity

Correct Answer : Option (B) - Trusted Since 1906

National Insurance Company Limited (NICL) is a state owned general insurance company in India. Its catchline is “Trusted Since 1906” in italic. The company headquartered at Kolkata was established in 1906 and nationalised in 1972. 

A)
Life Insurance
B)
Motor insurance
C)
Health insurance
D)
All of the above

Correct Answer : Option (D) - All of the above

Broadly, there are 8 types of insurance, namely:

* Life Insurance
* Motor insurance
* Health insurance
* Travel insurance
* Property insurance
* Mobile insurance
* Cycle insurance
* Bite-size insurance

A)
ICICI Bank
B)
IDBI Bank
C)
Kotak Mahindra Bank
D)
HDFC Bank

Correct Answer : Option (C) - Kotak Mahindra Bank

Kotak Mahindra Bank on 25 November 2014 became first bank in India to fully own an insurance business after Reserve Bank of India (RBI) gave permission to set up a wholly-owned non-life insurance company called Kotak General Insurance.