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

Question : 1

With reference to Asian Development Bank, consider the following statements

1. The United States has the largest proportion of shares in the voting system.
2. China and India have the same percentage of shares for the voting system.

a) Both I and II

b) Only II

c) Only I

d) Neither I nor II

Question : 2

The Indian Life Insurance Company ‘Aviva India’ is a joint venture between Aviva pic, a British insurance Company and the Indian conglomerate

a) Dabur Group

b) L and T Group

c) Tata Group

d) TVS Group

Question : 3

The share of the concerned State Government in the capital of Regional Rural Banks is

a) 20 per cent

b) 35 per cent

c) 15 per cent

d) 50 per cent

Question : 4

Consider the following sentences regarding ‘India Post Payment bank’

1. It is third entities that get approval from Reserve Bank of India.
2. It can accept deposits up to 3 lakh per account from individuals.

a) 1 and 2

b) Only 2

c) Only 1

d) None of the above

Question : 5

The Bank rate is the rate at which

a) the RBI gives credit to the commercial banks.

b) the RBI lends to the public.

c) a bank lends to the public.

d) the Government of India lends to other countries.

Question : 6

The Bandhan Banking Limited is an Indian banking and financial services company Headquartered in

a) Hyderabad, Telangana

b) New Delhi, Delhi

c) Mumbai, Maharashtra

d) Kolkata, West Bengal