Bancassurance means
A. Distribution of Insurance policies both life and non-life, by banks as corporate agents through their branches.
B. Assurance given by banks to its customers.
C. Life policy issued to the bank on the life of their staff
D. Assurance given to bank by general insurance companies for insuring assets of the banks.
Answer: Option A
This Question Belongs to Banking Awareness >> Banking Awareness Miscellaneous
A. Bombay Stock Exchange
B. Delhi Stock Exchange
C. Calcutta Stock Exchange
D. Bangalore Stock Exchange
Which of the following is not a function of General Insurance?
A. Cattle Insurance
B. Crop Insurance
C. Fire Insurance
D. Medical Insurance
Liability- side of the balance-sheet comprises:
A. Capital and reserve
B. Long-term liabilities
C. Current liabilities
D. All of the above
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