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Page-41 of Archives: June, 2015

Up to what extent, FDI in Insurance sector is allowed by the Government of India (GOI)?

Up to what extent, FDI in Insurance sector is allowed by the Government of India (GOI)? [A]26% [B]49% [C]51% [D]100% Show Answer 49% The Government of India (GOI)...

June 3, 2015

Which of the following is correct full form of IGMS with reference to insurance sector?

Which of the following is correct full form of IGMS with reference to insurance sector? [A]Integrated Grievance Management System [B]Internal Grievance Management System [C]Important Grievance Management System [D]Integral...

June 3, 2015

Which one of the following is the example of Insurance depositories?

Which one of the following is the example of Insurance depositories? [A]Central Insurance Repository Limited (CIRL) [B]Karvy Insurance repository Limited [C]NSDL Database Management Limited [D]All of these Show...

June 3, 2015

If an insurance policy holder is not satisfied with the award of the insurance ombudsman, he / she can approach to__?

If an insurance policy holder is not satisfied with the award of the insurance ombudsman, he / she can approach to__? [A]Courts of law [B] Consumer forums [C]Either...

June 3, 2015

What are the main functions performed by the IRDA?

What are the main functions performed by the IRDA? [A]Protect the rights of policy holders [B]Adjudication on insurance related matters [C]Promoting insurance business [D]All of these Show Answer...

June 3, 2015

What is the minimum tenure of deposits to be taken by NBFCs?

What is the minimum tenure of deposits to be taken by NBFCs? [A]6 months [B]12 months [C]2 years [D]3 years Show Answer 12 months All NBFCs are not...

June 3, 2015

Which of the following is are the parties in Factoring Business?

Which of the following is are the parties in Factoring Business? [A]buyer [B]seller [C]buyer and seller [D]buyer, seller and financial institution Show Answer buyer, seller and financial institution...

June 3, 2015

What is the cap on loan amount given out by a Non-Banking Financial Company – Micro Finance Institution (NBFC-MFI)?

What is the cap on loan amount given out by a Non-Banking Financial Company – Micro Finance Institution (NBFC-MFI)? [A]Rs. 50000 [B]Rs. 60000 [C]Rs. 70000 [D]Rs. 75000 Show...

June 3, 2015

In India, Infrastructure Debt Fund can be established as a Trust or a company. Which of the following regulated the Infrastructure Debt Fund set up as a trust?

In India, Infrastructure Debt Fund can be established as a Trust or a company. Which of the following regulated the Infrastructure Debt Fund set up as a trust?...

June 3, 2015

Core Investment Companies in India

Core Investment Companies (CICs) are a unique category of non-banking financial companies (NBFCs) in India. They focus on investing in shares and securities of group companies. CICs primarily...

June 3, 2015

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