Insurance and Finance - General Knowledge Questions

A)
19 April, 2000
B)
19 April, 2001
C)
19 April, 2002
D)
19 April, 2003

Correct Answer :   19 April, 2000

A)
Banks
B)
Bill Markets
C)
Call Money Market
D)
Indian Gold Council

Correct Answer :   Indian Gold Council

The Money market in India is the money market for short-term and long-term funds with maturity ranging from overnight to one year in India including financial instruments that are deemed to be close substitutes of money.

A)
The Party Accelerators
B)
Third Party Administrators
C)
Third Power Administrators
D)
The Power Administrators

Correct Answer :   Third Party Administrators

Third Party Administrators or TPAs are a vital link between health insurance companies, policyholders and health care providers

A)
Jamunalal BajaJ
B)
G. D. Birla
C)
Dorab Tata
D)
Kamlapat Singhania

Correct Answer :   Dorab Tata

NEW INDIA ASSURANCE CO. LTD, founded by Sir Dorabji Tata in 1919, a Multinational General Insurance Company, today operates in 28 countries and headquartered at Mumbai, India.

A)
Post-Authorized Cheque
B)
Pre-Authorized Cheque
C)
Pre-Authorized Checking
D)
Pre-Authorized Chequing

Correct Answer :   Pre-Authorized Chequing

A)
Inflation
B)
Elasticity
C)
Pulse rate
D)
All of the above

Correct Answer :   Inflation

A)
Banking
B)
Micro-finance
C)
Space technology
D)
Insurance

Correct Answer :   Insurance

Actuarial science is a discipline that assesses financial risks in the insurance and finance fields, using mathematical and statistical methods. Actuarial science applies the mathematics of probability and statistics to define, analyze, and solve the financial implications of uncertain future events.

A)
Funds remittance
B)
Sanctioning loan
C)
Issue of debit cards
D)
Mutual funds distribution

Correct Answer :   Sanctioning loan

A)
NABARD
B)
SIDBI
C)
ECGC
D)
IRDA

Correct Answer :   ECGC

A)
Uniformly Loaded Investment Plan
B)
Universal Loan and Investment Plan
C)
Universal Life and Investment Plan
D)
Unit Linked Insurance Plan

Correct Answer :   Unit Linked Insurance Plan