banking, security market & insurance section 4 MCQ Questions & Answers Detailed Explanation

Question : 1

Which one of the following Public Sector Bank’s emblem figures a dog and the words ‘faithful friendly, in it?

a) oriental Bank of Commerce

b) Syndicate Bank

c) Punjab National Bank

d) State Bank of India

Question : 2

SBI Life Insurance Limited is a joint venture life insurance company of State Bank of India (SBI) and

a) BNP Paribas Cardiff

b) Life Insurance Corporation of India

c) HDFC Life Insurance Company

d) ICICI Prudential Life Insurance Company

Question : 3

For regulation of the Insurance Trade in the country the Government has formed

a) General Insurance Corporation

b) Reserve Bank of India

c) Insurance Regulatory and Development Authority

d) SEBI

Question : 4

Which of the following statements best describes the term ‘Scheme for Sustainable Structuring of Stressed Assets (S4A)’, recently seen in the news?

a) It is a disinvestment plan of the Government regarding Central Public Sector Undertakings.

b) It is a scheme of RBI for reworking the financial structure of big corporate entities facing genuine difficulties.

c) It is a procedure for considering ecological costs of developmental schemes formulated by the Government.

d) It is an important provision in ‘The Insolvency and Bankruptcy Code’ recently implemented by the Government.