Banking & Insurance Quiz-2

The issue of having regular income during old age is taken care of by _____ policies.

A borrower defaults on a secured loan of Rs. 25,000. The underlying security is worth Rs. 40,000. Which of the following is true?

Choose the correct example of Oral Communication.

In case of floating rate loan, Borrower will benefit if the _____

In absence of RBI branch in a particular city, which Bank acts as the clearing house

Minimum interest rate of a Bank below which it cannot lend, except in cases allowed by RBI is known as?

Currently, which bank has the highest ATMs network?

In India, Bank balance Sheet form format is decided by

Banks prepare audited P & L and Balance sheet

Mediclaim Insurance was primarily introduced to cover ______ charges.