Tag: nationalisation and privatisation of banks

Questions Related to nationalisation and privatisation of banks

SEBI approved which insurance company to launch its initial public offering(IPO) ?

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

  1. Aviva Life Insurance Co.

  2. AvegonLife Insurance Co.

  3. Bharti AXA Life Insurance Co.

  4. ICICI Prudential Life Insurance Co.

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Correct Option: D

Agriculture accounted for _________$\%$ of advances of banks just before nationlization.

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

  1. $2.2\%$

  2. $4.4\%$

  3. $6.6\%$

  4. $8.8\%$

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Correct Option: A

Nationalisation of Banks was done in _________.

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

  1. 1969

  2. 1959

  3. 1949

  4. 1979

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Correct Option: A
Explanation:

In 1969, fourteen major private commercial banks of India were nationalized which included Indian bank, Indian Overseas bank, Canara bank etc in order to increase the efficiency and effectively of public sector by bringing domestic competition in the sector so that it can compete with the international banking system. 

The % of rural blank branches was ________ in 2006.

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

  1. 69

  2. 44

  3. 22

  4. 40

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Correct Option: B

In the accounts of banks "loans and advances" are

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

  1. High interest income

  2. Loans given to customer

  3. Liabilities of bank

  4. Both a & b

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Correct Option: D

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

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

  1. Rs. 5,000 Crore; IDBI

  2. Rs. 2,000 Crore; SIDBI

  3. Rs. 2,000 Crore; RBI

  4. Rs. 3,500 Crore; ICICI

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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 ____________.

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

  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

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Correct Option: A

SETU means _________________________.

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

  1. Small Employment & Talent Utilization

  2. Self Enrolment & Talent Utilization

  3. Self Employment & Talent Utilization

  4. Self Employment & Talent Utility

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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 ________________________.

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

  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.

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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 _________________________.

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

  1. Private Sector

  2. Central Ministers

  3. State Government

  4. All of the above

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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.