Banking And Financial Institutions - Study Mode

[#776] Which of the following is the best description of what insurance is?
Correct Answer

(B) Insurance - Collective bearing of risk

[#777] Who suggested the Agua (Lead) bank scheme?
Correct Answer

(A) Nariman Committee

[#778] Packing credit facility to exporters is provided by.
Correct Answer

(B) Commercial Banks

[#779] The first Indian RRB that achieved Core Banking Solution (CBS) in 2011 is:
Correct Answer

(B) Rushikulya Gramya Bank (RGB)

[#780] Which committee suggested the re-opening up of the insurance sector to private players?
Correct Answer

(B) R. N. Malhotra Committee