Insurance Multiple Choice Questions And Answers

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Insurance License Exam Practice Test Solved With Answers

Which is prohibited for writing on currency notes ?

A. Personal message
B. Religious message
C. Political message
D. All of above (Answer)

 

2. PPF means

A. Pension Planning Funds
B. Person having Pension Facilities
C. Public Provident Fund (Answer)
D. Permanent Practitioner’s Forum

 

3. Highest denomination of currency notes issued by RBI is

A. Rs.100/-
B. Rs.500/-
C. Rs.1,000/- (Answer)
D. Rs.10,000/-

 

4. NRI means

A. Non Rural Individuals
B. Non Rural Immigrants
C. Non Resident Indian (Answer)
D. None of above

 

5. PAN means

A. A kind of utensil
B. Primary Account Number
C. Permanent Account Number (Answer)
D. None of above

 

6. Who is the present Chairman of State Bank of India ?

A. Arundhati Bhattacharya (Answer)
B. O.P. Bhatt
C. Pratip Chaudhuri
D. Chanda Kochar

 

7. Bank provides loans for

A. Home
B. Car
C. Education
D. All of above (Answer)

 

8. Which currency note has security thread ?

A. Rs.50/-
B. Rs.100/-
C. Rs.500/-
D. All of above (Answer)

 

9. The safest place for keeping money

A. A pit dug in the ground
B. An iron box
C. Bank (Answer)
D. Money lender

 

10. Gold and silver ornaments should be kept in bank lockers

A. It is safe
B. No risk of theft
C. Both A & B (Answer)
D. None of above