THIRD SEMESTER B.A. DEGREE EXAMINATION, NOVEMBER 2019
(CUCBCSS—UG)
Economics

ECO 3B 04—MODERN BANKING AND INSURANCE
Time : Three Hours Maximum : 80 Marks
Part A (Objective Type Questions)

Write all the twelve questions.
Each question carries ¥% mark.

1. IRDA is the regulatory agency for :

a) Banking. b) Share Market.

c) Insurance. d) Securities Market.
2. Life Insurance Corporation of India (LIC) was established in :

b) 1960.
d) 1956.

a) 1990.
०) 1991.

3, Identify a money market instrument :

a) Certificate of Deposit. b) Debentures.

c) Shares. d) Equity shares.

An independent bank which does not have any connecting branch in other areas is :

a) Branch banking. b) Unit banking.

c) Chain banking. d) Mixed banking.

No more nationalization of private bank was a recommendation of :
b) Malhotra Committee.

d) Kelkar Committee.

٠

a) Narasimham Committee.
c) Tarapore Committee.
6. The apex bank in industrial financing is:
‘a) ICICI.
0 180].

b) IDBI.
d) SFC.