Insurance Awareness - GK

1.Economic Order Quantity is a method of

managing raw materials managing finished goods managing debtors managing creditors

2.Which Act confers on banks their Right of set off?

Banking Regulation Act, 1949 Reserve Bank of India Act, 1934 Negotiable Instruments Act, 1881 Indian Contract Act, 1872

3.Which Committee was formed to review the system of lending under Consortium Arrangement?

Kapoor Committee Khan Committee J.V. Shetty Committee Share Committee

4.Which of the following cannot issue a commercial Paper?

Companies Primary Dealers Commercial Banks All India Financial Institutions

5.The Bond can be

Zero Coupon Bond Deep Discount Bond Floating Rate Bond Any of these