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Online loans insurance MCQs Quiz Test Solved With Answers
1. Bank does not provide loans for -------------
A. Crop loans
B. Education loans
C. Home loans
D. Drinking & Gambling (Answer)
2. KYC means -------------
A. Know your customer (Answer)
B. Know your character
C. Both of above
D. None of above
3. Loans from money lenders are -------------
A. With High rate of interest
B. No proper accounting
C. No transparency
D. All of above (Answer)
4. ATM means
A. Any Time Money
B. Auto Truck of Mahindra
C. Automated Teller Machine (Answer)
D. None of above
5. Timely repayment of loans results
A. Good reputation
B. No tension
C. Easily availability of loan in future
D. All of above (Answer)
6. Defaulter of loan means
A. Not paying loan installments (Answer)
B. Bad reputation
C. Illegal activities
D. None of above
7. Life insurance means
A. Insurance of human (Answer)
B. Insurance of life of human and Cattle
C. Insurance of Life of Machines
D. All of above
8. General Insurance relates to insurance against
A. Fire
B. Theft
C. Burglary
D. All of above (Answer)
9. Aadhaar is
A. 12 digit number card
B. Identity proof issued by UIDAI
C. Both A & B (Answer)
D. None of above
10. E or S means
A. East or South zone
B. Easy and Swift
C. Either or Survivor (Answer)
D. None of above
