BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____and SBI Life Insurance signed a bancassurance pact aiming to offer a comprehensive financial planning solution to its customers.
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Indian Bank
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Allahabad Bank
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Corporation Bank
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Syndicate Bank
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Explanation:
Detailed explanation-1: -Uco Bank as Corporate Agent In Bancassurance-Non-life Business, the Bank is a Corporate for Two General Insurance Companies under Corporate Agency tie-up arrangement and selling Insurance Products for these two Insurance Companies.
Detailed explanation-2: -To address this well and live up to our brand that resonates with “trust”, we have derived the tagline-Security and Trust, both which in Hindi reads as – Suraksha and Bharosa, Dono.”
Detailed explanation-3: -Our Company was incorporated at Mumbai on October 11, 2000 as SBI Life Insurance Company Limited, a public limited company under the Companies Act, 1956 and received a certificate of commencement of business on November 20, 2000.
There is 1 question to complete.