banking, security market & insurance section 1 MCQ Questions & Answers Detailed Explanation
MOST IMPORTANT indian economy mcq - 5 EXERCISES
The following question based on Banking, Security Market & Insurance topic of indian economy mcq
(a) Obliterated banknote
(b) Soiled banknote
(c) Forged banknote
(d) Imperfect banknote
The correct answers to the above question in:
Answer: (d)
Imperfect banknote means any banknote, which is wholly or partially, obliterated, shrunk, washed, altered or indecipherable but does not include a mutilated banknote.
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Question : 1
SEBI is a
a) Non-statutory Body
b) Advisory Body
c) Constitutional Body
d) Statutory Body
Answer »Answer: (d)
Question : 2
The head office of the National Bank for Agriculture and Rural Development (NABARD) located in
a) New Delhi
b) Hyderabad
c) Lucknow
d) Mumbai
Answer »Answer: (d)
The head office of the National Bank for Agriculture and Rural Development (NABARD) is located in Mumbai. It helps farmers access timely and adequate credit. Current Chairman - Dr. Harsh Kumar Bhanwala
Question : 3
IRDA regulates
a) None of the above
b) Insurance Companies
c) Retail Trade
d) Banking Companies
Answer »Answer: (b)
Question : 4
The apex organisation of industrial finance in India is—
a) ICICI
b) RBI
c) IDBI
d) IFCI
Answer »Answer: (c)
IDBI Bank is an Indian government-owned financial service company, formerly known as Industrial Development Bank of India, headquartered in Mumbai, India.
IFCI: (Industrial finance corporation of India): It is an Indian government-owned development bank to cater to the long term financial needs of industrial sectors.
ICICI: It is an Indian multinational banking & financial services company headquartered in Mumbai.
Question : 5
Capital Market means
a) All of the above
b) Commodity Market
c) Money Market
d) Share Market
Answer »Answer: (d)
Question : 6
Which one of the following does not implement the Self – Help Groups (SHGs) - Bank Linkage programme?
a) RRBs
b) Commercial Banks
c) NABARD
d) Co- operative Banks
Answer »Answer: (c)
The Self-Help Group-Bank Linkage Programme (SBLP), which was started as a pilot programme in 1992 on the basis of the recommendation of the S K Kalia Committee.
Commercial banks, co-operative banks and the regional rural banks have been actively participating in the SBLP. NABARD does not implement the SBLP.
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