List of practice Questions

State two benefits of NEFT.
“Today internet banking is very popular.” Mention any four points of importance of internet banking.
Write the significance of “Life Insurance Policies.”
“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.
Every entrepreneur performs some important functions to run their business effectively and efficiently. State any two such functions.
Explain “Anti-dated cheque.”
Explain the concept of “Sustainable development” in a green economy
List two ways to protect a Computer System.
_____ provides the insurance policies and sells them to the customers.
Right method of communication depends upon various factors. Mention any two such factors.
“Unsecured loans are risky from a bank’s point of view.” Do you agree? Give reason in support of your answer.
What is meant by Cancellation of Insurance?
Endowment policy is:
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.
The person whose name is nominated in a Life Insurance Policy is called:
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.
Who is the second party in case of Motor Vehicle Insurance?
ECS stands for:
For issuing a demand draft banks charge:
For Locker operations in a bank _____ is (are) required.
IFSC is an alphanumeric _____ digit code.
In case of Cash Credit, interest is charged on _____ loan availed.
The body which regulates the insurance sector in India is:
The other name for Banker’s cheque is: