1.Insurance Regulatory and Development Authority (4)
(1) is a society registered under the Societies Regulation Act
(2) is a company registered under the Companies Act, 1956
(3) is a NGO
(4) was constitute by an act of Parliament under the IRDA Act, 1999
(5) is a special wing of Ministry of Finance, Government of India
2.Good marketing requires one of the following ………….. (2)
(1) proper planning
(2) good team work
(3) good communication skills
(4) knowledge of product
(5) All of the above
3.The account of a customer is debited for the amount on the basis of customer’s signature on the cheque. Which of following acts as equivalent to the customer’s signature for debiting his account while withdrawing of from ATM? (2)
(1) ATM card
(2) PIN
(3) TIN
(4) Facsimile of customer’s signature recorded in the magnetic strip on the back of ATM card
(5) None of the above
4.As per the MOU, in terms of the indicators, the Public Sector Banks have to spell out policies in the following area. (4)
(1) Liability Management
(2) Investment Management
(3) Credit Policies and Recovery Management
(4) All of the above
(5) None of the above
5.Which of the following does not come in the purview of retail banking? (4)
(1) Advances to traders
(2) Advances to small scale units
(3) Financing of weaker sections of the society
(4) Loan syndicate
(5) None of the above