Banking And Financial Institutions - Study Mode

[#696] In which Policy, the insurer agrees to pay the assured or his nominees a specified sum of money on his death or on the maturity of the policy whichever is earlier?
Correct Answer

(C) Annuity Policy

[#697] Which of the following statement is true about the NSE MIBOR polling process?
Correct Answer

(C) NSE keeps both participant identity and polled rate confidential

[#698] In 1992, the banking sector reforms were introduced as per:
Correct Answer

(B) M. Narasimham Committee Report

[#699] Which of the following theory determines the value of currency is?
Correct Answer

(C) Quantitative principle of money

[#700] "Skimming" in e-banking refers to:
Correct Answer

(A) Identifying fraudsters copying vital information from credit cards