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  • Question
  • A non-trading company used as a vehicle for various financial manoeuvres or kept dormant for future use in some other capacity?


  • Options
  • A. Chit Funds
  • B. Shell companies
  • C. Nidhi Companies
  • D. Indigenous Bankers

  • Correct Answer
  • Shell companies 

    Explanation

    A non-trading company used as a vehicle for various financial manoeuvres or kept dormant for future use in some other capacity is known as shell companies.

  • Tags: Bank Exams

    Basic General Knowledge problems


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    • 1. Indira Sagar dam is located in which Indian State/City?

    • Options
    • A. Chhattisgarh
    • B. Gujarat
    • C. Maharashtra
    • D. Madhya Pradesh
    • Discuss
    • 2. Assumption island is located in which country?

    • Options
    • A. Seychelles
    • B. Maldives
    • C. Mauritius
    • D. Sri Lanka
    • Discuss
    • 3. Which institute launches Bharat Inclusive Initiative?

    • Options
    • A. IIT Bombay
    • B. IIM Ahmedabad
    • C. IIT Kharagpur
    • D. IIM Calcutta
    • Discuss
    • 4. CBLO, a money market instrument that represents an obligation between a borrower and a lender as to the terms and conditions of a loan. What does 'C' stand for in CBLO?

    • Options
    • A. Clearing
    • B. Culminative
    • C. Collateralized
    • D. Credit
    • Discuss
    • 5. What does ?L? stand for in PMLA?

    • Options
    • A. Leverage
    • B. Limit
    • C. Lending
    • D. Liberalised
    • Discuss
    • 6. IRDAI has given its approval to LIC for the stake purchase, that will help get a capital support of Rs 10,000- 13,000 crore in which of the following state-owned banks?

    • Options
    • A. Union Bank of India
    • B. IDBI Bank
    • C. United Bank of India
    • D. Indian Bank
    • Discuss
    • 7. Which of the following committees has been constituted by Insurance Regulatory and Development Authority (IRDAI) to review regulations governing the Insurance Marketing Firms (IMF)?

    • Options
    • A. Balwant Rai Mehta Committee
    • B. Veerappa Moily Committee
    • C. Ashok Chavan Committee
    • D. Sachar Committee
    • Discuss
    • 8. What is the name of country whose capital is Lusaka and currency is Kwacha?

    • Options
    • A. Yemen
    • B. Uganda
    • C. Zambia
    • D. Somalia
    • Discuss
    • 9. In which of the following states is the Dudhwa National Park located?

    • Options
    • A. Arunachal Pradesh
    • B. Madhya Pradesh
    • C. Uttar Pradesh
    • D. Andhra Pradesh
    • Discuss
    • 10. Hirakud dam is located in which of the following states?

    • Options
    • A. Jharkhand
    • B. Chhattisgarh
    • C. Odisha
    • D. West Bengal
    • Discuss


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