Tag: industrial sector

Quizzes (10) Questions (117)

Questions Related to industrial sector

Multiple choice history industrial sector growth of banks in india nationalisation and privatisation of banks private sector anddifference between public and private sector

Which of the following Committees/Task forces was set up to suggest reforms in Banking Sector?

  1. Task force on Infrastructure

  2. Narasimham Committee

  3. Rajinder Sachar Committee

  4. Swaminathan Committee
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Narasimham Committee (I and II) was specifically appointed to suggest comprehensive reforms in the Indian banking sector, including structural changes, capital adequacy, and asset classification.

Multiple choice history industrial sector growth of banks in india nationalisation and privatisation of banks private sector anddifference between public and private sector

Regional Rural Banks _____________.

  1. have limited area of operation and access to refinance from NABARD.

  2. are required to lend only to weaker sections

  3. are mandated to do only narrow banking.

  4. can only extend agricultural loans.
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Regional Rural Banks (RRBs) are designed to operate in specific rural areas and are supported by sponsor banks and NABARD for refinance facilities to serve rural credit needs.

Multiple choice history industrial sector growth of banks in india nationalisation and privatisation of banks private sector anddifference between public and private sector

Fill in the blanks from the alternatives given.
The 20 - point programme was introduced by _________.

  1. Rajiv Gandhi

  2. Indira Gandhi

  3. Sonia Gandhi

  4. none of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The 20-Point Programme was first launched by Prime Minister Indira Gandhi in 1975, aimed at poverty alleviation and improving the quality of life for the poor.

Multiple choice history industrial sector growth of banks in india nationalisation and privatisation of banks private sector anddifference between public and private sector

Prior to 1955 SBI was known as ______.

  1. Important Bank of India

  2. Central Bank of India

  3. Imperial Bank of India

  4. Indigenous Bank of India
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The State Bank of India (SBI) was formed by the nationalization of the Imperial Bank of India in 1955. The other options are incorrect as they do not represent the predecessor institution.

Multiple choice history industrial sector growth of banks in india nationalisation and privatisation of banks private sector anddifference between public and private sector

EXIM Bank is authorised to raise loan from _________.

  1. RBI

  2. government of India

  3. international market

  4. all the three
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Export-Import Bank of India (EXIM Bank) is authorized to raise funds from multiple sources, including the Reserve Bank of India, the Government of India, and international markets, to support its operations.

Multiple choice history industrial sector growth of banks in india nationalisation and privatisation of banks private sector anddifference between public and private sector

Industrial Investment Bank of India was initially set up as _____  during 1971.

  1. Industrial Reconstruction Corporation Ltd.

  2. Indian Reconstruction Bank Ltd.

  3. Industrial Reconstruction Bank of India

  4. IDBI
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The Industrial Investment Bank of India was originally established in 1971 as the Industrial Reconstruction Corporation of India (IRCI) to assist sick industrial units.