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
(a) Dabur Group
(b) L and T Group
(c) Tata Group
(d) TVS Group
The correct answers to the above question in:
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.
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Question : 1
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 : 2
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 : 3
Bank deposits are insured by DICGS for a maximum amount of .................. per depositor per bank.
a) Rs.2,00,000
b) Rs.5,00,000
c) No limit
d) Rs.1,00,000
Answer »Answer: (d)
Each depositor in a bank is insured up to a maximum of Rs.1,00,000 (Rupees One Lakh) for both principal and interest amount held by him in the same capacity and same right as on the date on liquidation/ cancellation of bank’s licence or the date on which the scheme of amalgamation/merger/ reconstruction comes into force.
Question : 4
With reference to Asian Development Bank, consider the following statements
- 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
Answer »Answer: (d)
Largest Shareholdings
- Japan (15.6%)
- US (15.5%)
- China (6.5%)
- India (6.3%)
Question : 5
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 : 6
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.
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banking, security market & insurance section 1
banking, security market & insurance section 2
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