The major institution of Indian money market is ______________.
RBI
SBI
UTI
Commercial banks
The major objectives of commercial bank is _____________.
To help the weaker sections
To earn profit
To ensure money supply
All of these
Which one of the following is not there under the General Insurance?
Burglary
Life
Sports
Motor
Fixed deposits give ____________ of interest than savings account.
Higher rate
Lower rate
10%
20%
Motor insurance falls under the classification of _____________ insurance.
General
Marine
Children's endowment policy is taken by a person to meet the children's ______________ expense.
Growth or Marriage
Education or marriage
Life or education
Health or education
Which one of the following is not a function of a commercial bank?
Cheque facility
Accepting of deposits
Health care
Lending of funds
Annuity policy comes under _______________ insurance policy.
Fire
The firm which insures the risk of loss is known as
Insured
Insurance
Assurance
Insurer
Savings accounts are for encouraging ________________ by individuals.
Spendings
Lendings
Savings
