Exam 5: Banking and Insurance

……………………………………………….is a voluntary termination of the contract by the policy holder

From the following, which is not a type of risk

The life insurance contract is expressed in a document known as ………………………………….

In insurance the risk is ………………………………………

The banking activities performed by foreign multinational banks in a country

The method of banking that allows customers to perform banking transactions through a bank's website hosted in the internet

……………………………………….means good or commodities carried in a ship

………………………refers to a banking transactions routed through internet

From the following which is not a miscellaneous insurance?

The use of technology and telecommunication systems in banking services is known as ………………………………

Which of the following is not an innovative services

…………………………………………….is concerned with overseas trade

The mechanism by which a person can make purchases without immediate cash payment

In which year banking Ombudsman scheme introduced by RBI

……………………………………….Is a valid contract between the insured and the insurer

EFT stands for ……………………………………………….

…………………………….Card which helps a person to purchase Goods and services and makes payment from his own deposit a/c

The settlement system which settle transaction on a one to one basis without adjusting debits against credits

Marine insurance is for one year or for a …………………………….Specified period

CORE Banking means ………………………………………