Tag: industrial sector

Questions Related to industrial 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


Correct Option: B

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.


Correct Option: A

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


Correct Option: B

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


Correct Option: C

 In 1969, banks with a deposit of Rs ______  or more were nationalized.

  1. Rs. 500 crore

  2. Rs. 100 crore

  3. Rs. 59 crore

  4. Rs. 5 crore


Correct Option: B

Nationalization of Banks took place in ________.

  1. July 1969

  2. February 1977

  3. Jan 1960

  4. April 1989


Correct Option: A

EXIM Bank is authorised to raise loan from _________.

  1. RBI

  2. government of India

  3. international market

  4. all the three


Correct Option: D

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


Correct Option: A