Tag: public and private sectors

Questions Related to public and private sectors

In Maharashtra, Academy of Development Science (ADS) has facilitated a network of NGOs for setting up _____ in different regions.

  1. Milk banks

  2. Money banks

  3. Cloth banks

  4. Ration banks

  5. Grain banks


Correct Option: E
Explanation:

Academy of Development Science located in Maharashtra is a Network of NGOs which sets up grain banks. Previously rural and tribal people used to cure diseases by plants and their products. But deforestation in present day caused damage to those plants. This is the reason why the NGO distributes grains and seeds to rural and tribal people so that they can plant such ayurvedic and rare species.

According to the recent guidelines, $(2013)$ of the Reserve Bank of India the Private Sector Banks are required to have a minimum paid up equity capital of __________.

  1. $Rs. 300\ crores$

  2. $Rs. 200\ crores$

  3. $Rs. 400\ crores$

  4. $Rs. 500\ crores$


Correct Option: D

Asia Bank is a _________________.

  1. Public Sector Bank

  2. Private Sector Bank

  3. Co-operative Bank

  4. Foreign Bank


Correct Option: B