Top 80+ Solved Modern Banking and Insurance MCQ Questions Answer
Q. In India , fire insurance was started at -----------------
a. madras
b. kolkata
c. cochin
d. mumbai.
Q. General insurance business act was came in to force from the year
a. 1973 `
b. 1970
c. 1972
d. 1980.
Q. Find odd one; On the basis of risk insurance can be
a. personal
b. property
c. social insurance
d. guarantee
Q. When an insurer transfers a part of risks on particular policy by insuring it with someothers. Then it is called---------------
a. insurance
b. association
c. re –insurance
d. mutual companies.
Q. Those banking have large scale operations and geographical spreading of risks
a. mixed banking
b. unit banking
c. branch banking
d. chain banking.
Q. Unit banking is referred to as
a. local banking
b. branch banking
c. mixed banking
d. central bank.