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MCQs 1: When was the Insurance Regulatory and Development Authority constituted?

1938 1971 1993 1999
Answer Explanation

MCQs 2: Which of the following banks is not regulated by Reserve Bank of India?

State Bank of Sikkim State Bank of Travancore IDBI Axis
Answer Explanation

MCQs 3: Which of the following banks has teamed up with Apollo to set up Asset Reconstruction Company (ARC)?

SBI PNB Axis ICICI
Answer Explanation

MCQs 4: Who sponsors Regional Rural Banks?

Government of India Reserve Bank of India Nationalized Commercial Bank None of these
Answer Explanation

MCQs 5: When was the General Insurance Corporation of India incorporated?

1971 1972 1973 1993
Answer Explanation

MCQs 6: PMJDY stands for ____?

Pradhan Mantri Janta Dhan Yojana Pradhan Mantri Jan Dhan Yojana Pradhan Mantri Jeevan Dhan Yojana Pradhan Mantri Jal Dhan Yojana
Answer Explanation

MCQs 7: Which of the following is merged with SEBI?

CRISIL FMC CIBIL SHCIL
Answer Explanation

MCQs 8: The Definition of ‘Banking’ is given in _______?

Negotiable Instrument Act, 1881 RBI Act, 1934 Banking Regulation Act, 1949 Indian Contract Act, 1872
Answer Explanation

MCQs 9: Oudh Commercial Bank was founded in the year _____?

1913 1917 1894 1881
Answer Explanation

MCQs 10: Which of the following apex bodies regulates the RRBs?

RBI NABARD SIDBI State Government
Answer Explanation

MCQs 11: What will be the impact if Reserve Bank of India reduces the Bank Rate by 1%?

Less liquidity in the market More liquidity in the market No change in the market liquidity Mobilization of more deposits by commercial banks
Answer Explanation

MCQs 12: Which of the following focuses on the financial needs of the institutional clients and the industry?

Universal Banking Virtual Banking Wholesale Banking Retail Banking
Answer Explanation

MCQs 13: Who regulates the Mutual Funds in India?

FRBI SEBI SIDBI RBI
Answer Explanation

MCQs 14: Which was the first bank to introduce credit card in India?

Canara Bank Central Bank of India Bank of Baroda ICICI Bank
Answer Explanation

MCQs 15: The Hinduja Group, headquartered at London, UK owns the IndusInd Bank in India. Where are the headquarters of IndusInd bank?

New Delhi Mumbai Kolkata London
Answer Explanation

MCQs 16: RRBs are working in all states of the country except _______.

Sikkim Goa Both A & B Madhya Pradesh
Answer Explanation

MCQs 17: When was the Oriental Life Insurance Company established?

1818 1834 1907 1938
Answer Explanation

MCQs 18: Which was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system?

BSE NSE PSE CSE
Answer Explanation

MCQs 19: _______ Life insurance policy is provided under PMJJBY?

Whole life Term insurance Unit linked insurance plan Endowment plan
Answer Explanation

MCQs 20: Whose signature does an Indian currency note bear?

Finance Minister Finance Secretary RBI Governor The President
Answer Explanation

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