General knowledge Questions and Answers about Insurance

General knowledge Questions and Answers about Insurance

Today insurance is an important topic in the world. It is a very vast subject right now in the country. Insurance provide you a basic information about various department. General knowledge Questions and Answers proceeds  a best theory about insurance based on NCERT pattern for all competitive exam. 

General knowledge Questions and Answers about Insurance

General knowledge Questions and Answers about Mutual fund


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100 easy general knowledge questions and answers


Mutual funds mobilize the savings of the general public and invest them in stock market securities.

Unit Trust of India (UTI) was the first mutual fund in India  launched  in 1963.

Kothari Pioneer was the first private sector fund in India .

India has currently 23 Stock Exchanges in India.

Net Asset Value is the investments made by a Mutual Fund are marked to market on daily basis.

Shares refers to a part of a large amount which is divided among a number of people.

Debentures is a written acknowledgement of a debt by a company.

Debenture-holders are creditors of a company who provide loan to the company.

Bombay Stock Exchange (BSE), was established in 1875, located at Dalal Street, Kala Ghoda, Mumbai.

Bombay Stock Exchange (BSE) is Asia's first stock exchange.

Bombay Stock Exchange  is world's largest stock exchange.

National Stock Exchanges (NSE) was established in 1992, located in Mumbai.

SECURITIES AND EXCHANGE BOARD OF INDIA (SEBI) was established on Apr 12, 1988 .

SEBI is regulate the business of stock exchanges and other securities market.

CRISIL - Credit Rating Information Services of India Limited (Head Quarter-Mumbai)

ICRA - Investment information and Credit Rating Agency (Head Quarter -Gurugram)

Primary Market is the part of the capital market that deals with issuing of new securities.

Bull Market is defined as a marketplace, wherein the prices of shares go up over the period.

Investors who expect the prices to rise are called bulls, and the sentiment is known as bullish.

A financial market which is defined  by a consistent fall in the prices of shares is called a bear market.

Bears are those investors who expect the prices to fall, and their sentiment is known as bearish.

Insider Trading is the illegal practice of trading on the stock exchange.

CARE - Credit Analysis and Research - Headquarters (Head Quarter -Mumbai)

ONICRA-Onicra credit rating agency( Head Quarter -Gurugram)  

SMERA-SME rating Agency of india( Head Quarter -Mumbai)

CRISIL (Credit rating information service of India limited) is the largest credit rating agency in India.

Standard & Poor's  is the leading Credit Rating Agencies in the World (Head Quarter - New York, US)  .

                                     General knowledge Questions and Answers about insurance


Life Insurance Corporation (LIC)  was established on Sept 1, 1956 .  Head Quarter is in Mumbai it has 7 Zonal offices (Mumbai, Kolkata, Delhi, Chennai, Kanpur, Hyderabad and Bhopal).

General Insurance Corporation (GIC)    was established on jan 1, 1973. Since 2002. (Zonal offices Kolkata, Mumbai, Delhi, Chennai).

Demand Pull Inflation created and sustained by excess of aggregate demand for goods and services over the aggregate supply

Insurance Regulatory and Development Authority of India (IRDAI) was established on 19 April, 2000 to protect the interest of the holders of insurance policies and to regulate legal framework.

IDRAI consist of one Chairperson ,3 whole-time Members and four part-time Members.

Head Quarter of IDRAI is in Hyderabad.

In1542,  Sher Shah Suri was the first  person who minted  Rupee minted during  his reign.

 In 1861, the government of India introduced its first paper money .

In recent, bank notes were demonetized on Nov 8, 2016 of  Rs. 500 and Rs. 1,000  although Rs. 500 note was remonetized by a new series note.

Devaluation is  reduce deficits in balance of trade by making exports relatively cheap and imports costly.

Inflation  state that the prices of goods and services rise on the one hand and value of money falls on the other.

Security Paper Mill at Hoshangabad in Madhya Pradesh was established in 1967 

India Security Press is situated in Nashik, Maharastra.

Security Printing Press is situated in Hyderabad was established in 1982.

 Currency Notes Press is situated in Nashik  Since 1991.

Stagflation is a condition of slow economic growth and relatively high unemployment .

Hyper- inflation  is a situation  rapid growth in the rate of inflation .

Deflation is that state in which the value of money rises and the price of goods and services falls.


                                         General knowledge Questions and Answers in English


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