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Insurance MCQ for NICL AO

1. Under the ESOP, who of the following are offered shares in the company?
  1. Employees
  2. Existing Shareholders
  3. Promoters
  4. NRIs
2. State financial Corporations give assistance mainly to develop which of the following?
  1. Small and medium scale industries
  2. Agricultural sector
  3. Cotton industry
  4. Large scale industries
3. Which of the following is the regulator of the credit rating agencies in India?
  1. RBI
  2. SBI
  3. SEBI
  4. ICRA
4. Which of the following terms is NOT related to the insurance sector?
  1. Indemnity
  2. Coverage
  3. Misuse Alert
  4. Annuity
5. Which amongst the following is not an insurance company functioning in India?
  1. ICICI prudential
  2. ING Vysya
  3. National Securities Depository Limited
  4. New India Assurance company
6. On which one of the following issues can SEBI penalize any company in India?
(a) Violation of Banking Regulation Act
(b) Violation of foreign portfolio investment guidelines
(c) For violation of Negotiable Instrument Act
  1. Only (a)
  2. Only (b)
  3. Only (c)
  4. All the three
7. Which of the following is NOT a part of India’s money market?
  1. Bill market
  2. Call money market
  3. Banks
  4. Indian Gold council
8. Fiscal policy is concerned with which of the following?
  1. Export and import
  2. Public revenue and expenditure
  3. Issue of currency
  4. Population control
9. Foreign exchange reserves of India are kept in the custody of which of the following?
  1. Reserve Bank of India
  2. All public sector banks
  3. Foreign banks in India
  4. Government treasury
10. Expand the term CCEA as used in administrative circles
  1. Cabinet Committee on External Affairs
  2. Cabinet Committee on Economic Affairs
  3. Cabinet Council on External Affairs
  4. Cabinet Council on Economic Affairs

Answers:

  1. 1
  2. 1
  3. 3
  4. 3
  5. 3
  6. 2
  7. 4
  8. 2
  9. 1
  10. 2
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