Tag: industrial sector

Questions Related to industrial sector

In the accounts of banks "loans and advances" are

  1. High interest income

  2. Loans given to customer

  3. Liabilities of bank

  4. Both a & b


Correct Option: D

________ Indian Aspriation Fund was launched by _______ in August 2015 to boost the start-up funds ecosystem in the country. 

  1. Rs. 5,000 Crore; IDBI

  2. Rs. 2,000 Crore; SIDBI

  3. Rs. 2,000 Crore; RBI

  4. Rs. 3,500 Crore; ICICI


Correct Option: B
Explanation:

Rs 2000 crore Indian Aspriation Fund was launched by SIDBI in August 2015 to boost the start-up funds ecosystem in the country. It helps to promote the culture of innovation and entrepreneurship in India at a larger extent. As a consequence it helps to uplift the economic development in India.

Digital India programme has been launched ____________.

  1. to increase the outreach of government services to the citizens of India by increasing the number of internet users. 

  2. to provide broadband connectivity to poor people in India.

  3. to bring down the high rate of internet charges

  4. to provide broadband connectivity to students studying in college


Correct Option: A

SETU means _________________________.

  1. Small Employment & Talent Utilization

  2. Self Enrolment & Talent Utilization

  3. Self Employment & Talent Utilization

  4. Self Employment & Talent Utility


Correct Option: C
Explanation:

SETU means Self Employment & Talent Utilization. SETU helps to support new start-ups and finance small businesses in India. It helps to promote culture of innovation and entrepreneurship.

The start-up scheme provides loans to entrepreneurs of ________________________.

  1. the Scheduled Caste

  2. the Scheduled Caste and Scheduled Tribes

  3. the Scheduled Caste and Scheduled Tribes as well as women

  4. the Scheduled Caste, Scheduled Tribes as well as women & men.


Correct Option: C
Explanation:

The start-up schemes provide loans to entrepreneurs of the Scheduled Caste and Scheduled Tribes as well as women. The start-up helps to promote the culture of innovation and entrepreneurship in India. It also promotes economic growth and development.

National Skill Development Corporation (NSDC) operates through partnership with the _________________________.

  1. Private Sector

  2. Central Ministers

  3. State Government

  4. All of the above


Correct Option: D
Explanation:

National Skill Development Corporation (NSDC) operates through partnership with the private sector, Central Ministers and State Government.Over 5.2 million students are trained by NSDC. The main objective of the NSDC is to upgrade skill to international standards through significant industry involvement and develop necessary frameworks for standards, curriculum and quality assurance. The National Skill Development Corporation India (NSDC) was setup as a one of its kind, Public Private Partnership Company with the primary mandate of catalyzing the skills landscape in India.

The start-up scheme provides loans to entrepreneurs of the Scheduled Caste and Scheduled Tribes as well as women. Such loans range from _____________.

  1. Rs. 1 lakh to Rs.10 lakh

  2. Rs. 10 lakh to Rs.1 Crore

  3. Rs. 10 lakh to Rs.50 lakh

  4. Rs. 10 lakh to Rs.1.5 Crore


Correct Option: B
Explanation:

The start-up scheme provides loans to entrepreneurs of the Scheduled Caste and Scheduled Tribes as well as women. Such loans range from Rs 10 lakh to Rs 1 crore.Globally India ranks in third position with 42000 start ups. The start-up helps to promote the culture of innovation and entrepreneurship in India. It also promotes economic growth and development.

Land development banks provide loans for a period of  _____.

  1. 1 year

  2. 2 to 5 years

  3. 5 to 7 years

  4. 15 to 20 years


Correct Option: D

Nationalization of banks aimed at all of following except ________.

  1. removal of control by few

  2. provisions of credit to big industrial organizations

  3. provisions of adequate credit for agricultural

  4. encouragement of new class of entrepreneurs


Correct Option: B