Latest  insurance related current affair mcqs 

Banking & insurance awareness mcqs


Mcqs on insurance for  banking exams

Insurance based Questions for LIC,HFL,NIACL other exams

Q1:- LIC was nationalized in the year :-
  1. 1956
  2. 1978
  3. 1890
  4. 1990
Ans:- 1956
Q2:- The app PayZapp is associated with which of the following banks ?
  1. HDFC bank
  2. ICICI bank
  3. Axis bank
  4. Bank of Baroda

Ans:- HDFC bank

Q3:-” Let’s make money simple ” is the tagline of the following banks?
  1. Indian Bank
  2. Kotak Mahindra Bank
  3. Laxmi vilas Bank
  4. None of the above

Ans:- Kotak Mahindra Bank

Q4:- Karnataka is setting up ______ bank to help weavers in crisis.
  1. Cotton
  2. Yarn
  3. weaver association
  4. sui-dhaaga

Ans:- Yarn

Q5:- Which of the following is a component of Base rate?
  1. Un-allocable overhead cost for banks
  2. Average return on net worth
  3. cost of deposit
  4. All of the above
  5. None of the above

Ans:-  All of the above

Q6:- Which of the following banks issued senior unsecured bonds of 5-years tenure to the extent of  $400 million?
  1. Bank of Baroda
  2. Dena Bank
  3. Canara Bank
  4. None of the above

Ans:- Canara Bank

Q7:- The headquarter of Bank of India is located in _____________.
  1. Mumbai
  2. Kolkata
  3.  Gurugram
  4. None of the above

Ans:- Mumbai

Q8:- _________  capital is the maximum capital ; a company can raise through shares.
  1.  Authorised
  2.  Paid -up
  3.  Issued
  4.  Subscribed
  5.  None of the above

Ans:- Authorised

Q9:- Which of the following schedule of RBI Act 1934 deals with incorporation of a commercial bank as ‘scheduled’?
  1. 4th
  2. 2nd
  3. 8th
  4. 6th
  5. 9th

Ans:- 2nd

Q10:- In the international banking scenario , what does the 5th and 6th character in the SWIFT code represent?
  1.  Country code
  2.  Bank code
  3.  Branch code
  4.  Bank name

Ans:- Country code

Q11 :- BNP Paribas is an international banking group with its head office in which city?
  1. Amsterdam
  2. Abu Dhabi
  3. Paris
  4. London

Ans:- Paris

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