General Insurance Quiz

1.Bank rate of RBI is also known as

Interest Rate Discount rate Fed Rate Bid rate

2.The limitation of CRR of RBI is

3 -10% 3 -15% 15-38% 10 -25 %

3.The apex organisation of Indian money market is

SBI SEBI RBI IRDA

4.If the cash reserve is lowered by RBI, what will be its effect on credit creation?

Decrease Decreased 10% Increase No Change

5.Which of the following banks merged with Punjab National Banks in 1993?

New Bank of India Central Bank of India Imperial Bank of India Common Bank of India