Banking And Financial Institutions - Study Mode
[#521] PNB was established in:
Correct Answer
(B) 1894
[#522] Which of the following step should be beneficiary in correcting disequilibrium of balance of payment?
Correct Answer
(B) Devaluation of currency
[#523] Which of the following statement/s is/are correct to pension funds? 1. Pension funds are financial tools that help you in accumulating funds for your post-retirement years. 2. Investing a certain amount regularly towards your pension fund, you will build up a considerable sum in a phase-by-phase manner.
Correct Answer
(C) 1 and 2 is correct
[#524] Which product offered by insurance companies that, unlike a pure insurance policy, gives investors both insurance and investment under a single integrated plan?
Correct Answer
(D) Unit-linked insurance plan
[#525] The Person whose risk is insured is called:
Correct Answer
(A) insured