banking, security market & insurance section 4 MCQ Questions & Answers Detailed Explanation
MOST IMPORTANT indian economy mcq - 5 EXERCISES
The following question based on Banking, Security Market & Insurance topic of indian economy mcq
- The United States has the largest proportion of shares in the voting system.
- 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
The correct answers to the above question in:
Answer: (d)
Largest Shareholdings
- Japan (15.6%)
- US (15.5%)
- China (6.5%)
- India (6.3%)
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Question : 1
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
Answer »Answer: (a)
Aviva India is an Indian life assurance company, and a joint venture between Aviva plc, a British assurance company, and Dabur Group, an Indian conglomerate.
Question : 2
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
Answer »Answer: (c)
In the regional rural banks, 50% share shall be held by the central government, 15% by the concerned state government and 35% by the sponsor bank.
Question : 3
Which of the following terms is not a financial term?
a) RTGS
b) Core banking solution
c) Investment
d) All the above
Answer »Answer: (d)
All the above given terms are not a financial term. RTGS (Real Time Gross Settlement) is fund transfer system, core banking solutions like treasury and investment are all processes not financial term.
Question : 4
Which one of the following is related to the regulation of stock exchange operations?
a) Stock holding corporation of India
b) SEBI
c) SIDBI
d) SAIL
Answer »Answer: (b)
Question : 5
Consider the following sentences regarding ‘India Post Payment bank’
- It is third entities that get approval from Reserve Bank of India.
- 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
Answer »Answer: (c)
India Post Payments Bank is the third entity to receive payments bank permit after Airtel and Paytm.
Question : 6
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.
Answer »Answer: (a)
Bank rate is that rate at which RBI gives credit to Commercial Banks.
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