Sunday, June 18, 2017

Insurance GK Questions

1.What does Collateral Security mean?
Securities in the form of goods pledged for Cash Credits 
Securities given to banks for loans against approved securities 
Securities in the form of shares blue chip companies
Security given to banks over and above the primary security

2.When trading takes place among members of a stock Exchange as create false volumes and rigging the prices of shares, it is known as
Spot Trading
Future Trading
Circular Trading
Insider Trading

3.When two parties make an arrangement to exchange future cash flows, it is called
Options
Arbitrage
Swap
Futures

4.Exporters in India get insurance cover and risk cover from which of the following organizations?
SIDBI
NABARD
ECGC 
RBI

5.The govt. of India does not provide and direct financial assistance to which of the following schemes?
Mahatma Gandhi National Rural Employment Guarantee scheme.
Rural Health mission 
India Aawas Yojana
Jeevan sathi Yojana

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