BANKING AND INSURANCE II UNIT 3

What were the correct locations of three presidency banks during British India?

• Surat , Indore , Delhi

• Madras, Bombay, Bengal

• Mysore, Nagpur, Lucknow

• Dehradun, Nashik, Vishakhapatnam

Name the first bank of India before independence?

• Imperial Bank of India

• Bank of Hindustan

• State Bank of India

• Reserve Bank of India

Which bank is also known as the Apex bank of India?

• Imperial Bank

• Bank of Baroda

• State Bank of India

• Reserve Bank of India

Who is currently presiding as the Finance Minister of India?

• Dr. Manmohan Singh

• Shri Arun Jetley

• Shri Piyush Goyal

• Smt. Nirmala Sitharaman

Basically, Insurance is categorized into how many types?

• 2

• 3

• 5

• 6

A popular popular incident related to Fire Insurance of "The Great Fire" is associated with which place?

• India

• Denmark

• London

• America

Fire insurance does not cover which of the following types of fire under claim?

• Unintentional fire

• Intentional fire

• Explosion

• All of the above

Which type of fire insurance policy is used for paintings and sculptures?

• Valuable

• Valued

• Sprinkler Leakage

• Floating

Hull and cargo insurance are which type of insurance?

• Fire insurance

• Motor insurance

• Marine insurance

• Health insurance

"Vessel" under marine insurance means....

• Ship

• Train

• Cargo

• Domestic vehicle