Banking and Insurance (Part 12)

04 Mar 2015

(111) The main objective of ICICI was :-

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 (1) To augment export finance in\r\nIndia

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 (2) To channelise World Bank’s funds\r\nto industries in India

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 (3) To help in building up a Capital\r\nMarket in India

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 (4) All three are true

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 (5) All three are false

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(112) Development Financial Institutions provide finance to the needy

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 (1) Corporates &

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 (2)  govt. institutions

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 (3) Both are wrong

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 (4) Both are right

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 (5) None of the above

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(113) As on 31st March, 1991, paid up capital of Small Industries Development\r\nBank of India was—

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 (1) Rs. 100 crore 

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 (2) Rs. 150 crore

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 (3) Rs. 200 crore 

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 (4) Rs. 450 crore

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 (5) None of the above

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(114) The Small Industries Development Bank of India (SIDBI) has been operating\r\nunder SWS. What is the full form of SWS ?

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 (1) Small Welfare Scheme

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 (2) Single Window Scheme

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 (3) Small Window Service

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 (4) Single Window Service

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 (5) None of the above

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(115) VAT is—

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 (1) Value Added Tax

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 (2) Value Added Temple

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 (3) Value Assets Total

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 (4) None of these

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 (5) None of the above

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(116) On 14 January, 2011 the amount of foreign exchange reserves with RBI was—

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 (1) $ 183 billion

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 (2) $ 213 billion

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 (3) $ 233 billion

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 (4) $ 268 billion

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 (5) None of the above

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(117) One of the objectives of the 11th five year plan is to reduce the poverty\r\nratio by how much percentage points by the year 2012 ?

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 (1) 2% 

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 (2) 2.5%

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 (3) 3.5% 

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 (4) 10%

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 (5) None of the above

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(118) IDBI was initially set up as :-

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 (1) Subsidy of RBI

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 (2) Subsidy of SBI

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 (3) Subsidy of ICICI

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 (4) (1) & (2) are true

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 (5) (1), (2) & (3) are true

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(119) Which of the following agencies recently laid down guidelines for\r\nforeigncompanies who wish to raise money from the\r\nIndian capital markets ? 

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 (1) RBI

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 (2) IRDA

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 (3) Registrar of Companies

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 (4) SEBI  

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 (5) None of the abone

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(120) Ashok Leyland is owned by the

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 (1) Tatas

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 (2) Birlas

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 (3) Hindujas

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 (4) None of these

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 (5) All of above

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Answers : (111) 4 (112) 4 (113) 4 (114) 4 (115) 1  (116) 4 (117) 4 (118) 1 (119) 4 (120) 3

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