banking, security market & insurance section 4 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 1 [IAS 2017]

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.

Discuss »

Answer: (b)

S4A is RBI’s scheme for restructuring of corporate loans, hence “B” is the most appropriate among the given options.

Question : 2 [NABARD 2016]

Yes Bank has announced mobilisation of USD 5 billion towards its commitment to climate finance in India by 2020. The Bank’s committed target for funding clean energy is

a) 1500 MW by 2020

b) 1500 MW annually

c) 1000 MW annually

d) 5000 MW by 2020

Discuss »

Answer: (d)

YES BANK, a leader in the climate finance space in the country, investing and raising capital towards mitigation, adaptation and resilience. This bank has the target funding of 5,000 MW of clean energy by 2020.

Question : 3 [CDS-2011-II]

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

Discuss »

Answer: (b)

Syndicate Bank. The symbol of dog implies that Bank is trustworthy and a friend. Its slogan is : Faithful Friendly.

Question : 4 [RBI 2016]

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

Discuss »

Answer: (a)

SBI Life Insurance is a joint venture life insurance company between State Bank of India (SBI), and BNP Paribas Cardif.

Question : 5 [UPPCS (Pre) 2002]

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

Discuss »

Answer: (c)

Banking, Security Market & Insurance Definitions, Example Questions Answer with Short Tricks & Tips useful for all types of Competitive Examinations

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