Top 250+ Solved Indian Banking and Financial System MCQ Questions Answer

From 31 to 45 of 225

Q. Central office of Life Insurance Corporation of India is located at

a. New Delhi

b. Kolkata

c. Mumbai

d. Bangalore

  • a. New Delhi

Q. There are........ associated companies of GIC

a. 3

b. 4

c. 6

d. 5

Q. General insurance business nationalised in the year----------

a. 1956

b. 1972

c. 1969

d. 1982

  • b. 1972

Q. Principle of Indemnity does not apply to----------

a. Fire insurance

b. Marine insurance

c. Life insurance

d. None of these

  • c. Life insurance

Q. Adhoc treasury bills are issued in favour of the ..................... only

a. Treasury

b. RBI

c. Commercial banks

d. State government

  • b. RBI

Q. ..................... are short term deposits of specific maturity similar to fixed deposits.

a. commercial paper

b. Interbank participation certificate

c. Repo

d. Certificate of deposit

  • d. Certificate of deposit

Q. ..................... is an unsecured short term promissory note issued by creditworthycompanies?

a. commercial paper

b. interbank participation certificate

c. Repo

d. Certificate of deposit

  • a. commercial paper

Q. Right shares are offered to.....................

a. Debenture holders

b. Existing shareholders

c. List 2 contributories

d. Liquidators

  • b. Existing shareholders

Q. ..................... is the suitable method where small companies issue shares

a. public issue

b. placement

c. offer for sale

d. none of these

  • b. placement

Q. ..................... is a preferential independent broker who deals in securities on his ownbehalf.

a. Jobber

b. sub broker

c. Remisiers

d. Arbitragers

  • a. Jobber
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