List of practice Questions

Write the significance of “Life Insurance Policies.”
List two benefits from ECS debit system to Banks.
State two benefits of NEFT.
“Unsecured loans are risky from a bank’s point of view.” Do you agree? Give reason in support of your answer.
Explain “Anti-dated cheque.”
Explain the concept of “Sustainable development” in a green economy
Every entrepreneur performs some important functions to run their business effectively and efficiently. State any two such functions.
List two ways to protect a Computer System.
“Banking and Insurance Sectors provide opportunities to many but many employees feel that they are having stress due to work pressure.” Suggest two ways of overcoming such stress.
Right method of communication depends upon various factors. Mention any two such factors.
What is meant by Cancellation of Insurance?
_____ provides the insurance policies and sells them to the customers.
Who is the second party in case of Motor Vehicle Insurance?
The type of Life Insurance Policy in which there is provision of regular income during old age is called:
ULIPs are subject to _____ market risks.
The person whose name is nominated in a Life Insurance Policy is called:
Name the method that helps to determine financial loss due to loss of human life which is based on assessment on the basis of loss of future income.
Endowment policy is:
The body which regulates the insurance sector in India is:
ECS stands for:
For issuing a demand draft banks charge:
Write the full form of ‘RTGS’.
For Locker operations in a bank _____ is (are) required.
The other name for Banker’s cheque is:
IFSC is an alphanumeric _____ digit code.