Tag: industrial sector

Questions Related to industrial sector

Which of these are not duties of EXIM Bank?

  1. Lending / Guarantee

  2. Advisory

  3. Promotional

  4. Trading activities


Correct Option: D

One of the important function of IFCI is to ________.

  1. provide medium and long term credit to industrial undertaking and help them create industrial estate.

  2. provide bank guarantee to large and medium sector industrial undertakings.

  3. provide bridge loan to small and medium enterprises.

  4. provide soft loan to sick units.


Correct Option: A

IDBI was converted into a joint stock company known as Industrial Investment Bank of India in ______.

  1. 1990

  2. 1991

  3. 1996

  4. 1997


Correct Option: D

Industrial Reconstruction Bank of India (RBI) was so renamed in place of Industrial Reconstruction Corporation Ltd. on ________.

  1. 15th August 1990

  2. 20th March 1985

  3. 2nd October 1987

  4. December 1990


Correct Option: B

EXIM Bank was set up to _________.

  1. extend loan advances to small and medium sector enterprises.

  2. promote cross border trade and investment

  3. to promote import substitution

  4. all the above


Correct Option: B