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1.__________ is the example of a sectoral fund A. Pharma B. Bonds C. Debenture D. Money market 2.

A safe deposit locker can be opened with master key and ______________ A. Customer key B. Managers key C. Duplicate key D. Break open key 3.________ reassures the investors that the mutual funds function within the strict regulatory framework. A. AMFI B. Sponsor C. Merchant Bank D. RBI 4.In which of the following circumstances, there can be more than one nominee A. Joint term deposit accounts B. Deposit account of pensioners C. Joint safe deposit of articles D Joint operation locker accounts 5.SDL facility enables the customer to keep his valuables in a specially designed locker on payment of prescribed _________ A. commission B. rentals C. fee D. brokerage 6.A safe deposit locker can be opened with master key and ______________ A. Customer key B. Managers key C. Duplicate key D. Break open key 7.Rajneesh holds a locker in your branch, you would allow him access to the vault area where the lockers kept only: A. after the customer establishes his identity B. after he signs the access register C. Both A and B D. after furnishing the password 8. The regulator of mutual fund is A).FIMMDA B).SBI C).RBI D).SEBI 9.SDL facility enables the customer to keep his valuables in a specially designed locker on payment of prescribed _________ A. B. commission rentals

C. fee D. brokerage 10.The role of a bank providing the service of Safe Deposit Locker is that of. A. Service provider B. Space provider C. Finance provider D. Financial intermediary 11.Find the odd one out A. 2 gram gold B. 5 gram gold C. 8.5 gram gold D. 10 gram gold 12. __________ is the example of a sectoral fund A. Pharma B. Bonds C. Debenture D. Money market 13._____________ is the process of appointing a beneficiary who will receive the benefits of insurance proceeds in case of death of the assured A. Registering B. Assigning C. Nomination D. Noting 14. Aarti has bought a personal accident policy which does not include cover for sickness. She met with an accident. While undergoing treatment, she contacted an infectious disease which caused her death. In this case the claim is not payable under personal accident policy, because of the principle of insurance A. Negligence B. Contribution C. Utmost good faith D. Proximate cause 15. Mr.Chopra insured his property with three insurers. He incurs a loss of Rs.10, 000 on this property due to a fire accident. He will get a claim from each insurer on proportionate basis. What is the relevant principle of insurance involved? A. Distribution B. Contribution C. Sharing D. Collection 16. In which of the following circumstances, there can be more than one nominee A. Joint term deposit accounts B. Deposit account of pensioners C. Joint safe deposit of articles D Joint operation locker accounts 17. In life insurance, the process of deciding whether to accept an application for coverage and

at what price is called ______________ A. Processing B. Underwriting C. Guaranteeing

D. Assurance
18. Amar, a friend of Akbar cannot take insurance policy on the life of Akbar . What is the relevant principle of insurance? A. Proximate interest B. Non-insurable interest C. Provisional interest D. Insurable interest 19 SDL facility enables the customer to keep his valuables in a specially designed locker on payment of prescribed _________ A. commission B. rentals C. fee D. brokerage 20. Bonus in excess of the guaranteed addition paid by an insurance company is known as __________ A. Vested bonus B. Assured bonus C. Extra bonus D. Incentive bonus
Answer the following questions 1. What is bancasssurance and what are its benefits to banks? 2. What are the principles of insurance? Explain any 1in brief. 3. What is an endowment plan? 4. What is a Joint life Policy? 5. What are the benefits of a child plan? 6. Who are the parties involved in a child plan ?

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