Tag: nationalisation and privatisation of banks

Questions Related to nationalisation and privatisation of banks

IFCI was converted into a joint stock company in _______.

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

  1. 1995

  2. 1990

  3. 1999

  4. 1994

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Correct Option: D

EXIM Bank is authorised to raise loan from _________.

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

  1. RBI

  2. government of India

  3. international market

  4. all the three

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Correct Option: D

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

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

  1. Industrial Reconstruction Corporation Ltd.

  2. Indian Reconstruction Bank Ltd.

  3. Industrial Reconstruction Bank of India

  4. IDBI

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Correct Option: A

Which of these are not duties of EXIM Bank?

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

  1. Lending / Guarantee

  2. Advisory

  3. Promotional

  4. Trading activities

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Correct Option: D

One of the important function of IFCI is to ________.

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

  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.

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Correct Option: A

EXIM Bank was established in ______.

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

  1. Jan. 1982

  2. March 1984

  3. Feb.2001

  4. August 1975

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Correct Option: A

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

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

  1. 1990

  2. 1991

  3. 1996

  4. 1997

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Correct Option: D

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

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

  1. 15th August 1990

  2. 20th March 1985

  3. 2nd October 1987

  4. December 1990

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Correct Option: B

EXIM Bank was set up to _________.

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

  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

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Correct Option: B

Which is the apex bank for agricultural credit in India?

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

  1. RBI

  2. SIDBI

  3. NABARD

  4. IDBI

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Correct Option: C