Correct Answer:- Option-C
Question76:-SPNS stands for .
A:-Systematic Payment Network Systel
B:-Small Payment Network System
C:-Shared Payment Network System
D:-Secured Payment Network System
Correct Answer:- Option-C
Question77:-Which of the following is not a property insurance?
A:-Fire Insurance
B:-Agricultural Insurance
C:-Health Insurance
D:-Livestock Insurance
Correct Answer:- Option-C
Question78:-The principle of 'Causa Proxima' in insurance business means
A:-The nearest cause
B:-The proximate cause
C:-The immediate cause
D:-All of these
Correct Answer:- Option-D
Question79:-The Life Insurance Corporation Act came into effect in the year
A:-1956
B:-1972
C:-1934
D:-1961
Correct Answer:- Option-A
Question80:-Which of the following is not a fundamental principle of insurance contract?
A:-Utmost good faith
B:-Insurable interest
C:-Indemnity
D:-Assignment
Correct Answer:- Option-D
Question81:-DDB stands for
A:-Debit Discount Bonds
B:-Deep Discount Bonds
C:-Derived Debt Bonds
D:-All of these
Correct Answer:- Option-B
Question82:-In the call money market, the period for which a loan is granted shall not exceed
A:-7 days
B:-15 days
C:-30 days
D:-60 days
Correct Answer:- Option-A
Question83:-Which of the following is not a Money market instrument?
A:-Commercial Bills
B:-Treasury Bills
C:-Collateral loans
D:-Commercial Paper
Correct Answer:- Option-C
Question84:-Equity shares issued by a company to its employees or directors, at a discount, for providing know-how is
called .
A:-Right shares
B:-Bonus shares
C:-Preference shares
D:-Sweat equity shares
Correct Answer:- Option-D
Question85:-Security merchants dealing in shares and debentures as independent operators are called
A:-Brokers
B:-Jobbers