Banking and Finance (Bank-PO General-Awareness): Questions 71 - 74 of 620

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Question number: 71

» Banking and Finance

Appeared in Year: 2014

MCQ▾

Question

According to the RBI Government needs to infuse nearly ________ lakh crore in state-run banks by March 2019.

Choices

Choice (4) Response

a.

Rs. 1.4 lakh crore

b.

Rs. 2.4 lakh crore

c.

Rs. 2.5 lakh crore

d.

Rs. 3.4 lakh crore

Question number: 72

» Banking and Finance

MCQ▾

Question

What is cluster financing?

Choices

Choice (4) Response

a.

Provide financial facility to MSE sector.

b.

None

c.

Provide financial facility to Poors

d.

Provide financial facility to SHG.

Question number: 73

» Banking and Finance

Appeared in Year: 2014

MCQ▾

Question

Which among the following bank has become first bank to fully own an insurance business?

Choices

Choice (4) Response

a.

Kotak Mahindra Bank

b.

SBI

c.

ICICI Bank

d.

Liberty Videocon General Insurance

Question number: 74

» Banking and Finance

MCQ▾

Question

Which among the following is NOT an advantage of Bancassurance?

Choices

Choice (4) Response

a.

Insurance companies get the benefit because they can have distribution relationships with multiple users

b.

The people who are unaware of and/or are not in reach of insurance policies can be benefitted through widely distributed banking networks and better marketing channels of banks.

c.

This is a referral business in which the insurance companies tend to leverage the existing clientele

d.

It encourages customers of banks to purchase insurance policies and further helps in building better relationship with the bank.

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