Banking And Financial Institutions - Study Mode

[#501] An instrument by which a pure risk is transferred by a party other than insurer is:
Correct Answer

(C) Non-Insurance Transfer

[#502] A rise in "Sensex" means:
Correct Answer

(C) an overall rise in prices of shares of group of companies registered with the Bombay Stock Exchange

[#503] As per the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, no acquirer who has acquired 15% or more, but less than 55% of the shares of a company shall acquire additional shares of the percentage specified below unless a public announcement is made.
Correct Answer

(D) 5%

[#504] "Insurance is a plan by which large number of people associate themselves and transfer to the shareholders of all, risk that attach to the individual. "Who said these words.
Correct Answer

(B) John H. Magee

[#505] Credit worthiness score in India ranges between
Correct Answer

(B) 300 to 900