Q. Which of the following is not the name of an Insurance Scheme launched by the Government of India?
✅ Correct Answer: (D)
Varsha Bima Yojana
Banking and Finance 2 MCQs and Notes
Q. Which of the following public sector banks has the largest number of loss making branches?
✅ Correct Answer: (B)
Syndicate Bank
Q. In which of the following cities is the headquarters of the Unit Trust of India located?
✅ Correct Answer: (B)
Mumbai
Q. Which one of the following is the largest mutual fund organisation in India?
✅ Correct Answer: (C)
Unit Trust of India
Q. Which one of the following is not used to estimate cost of equity capital?
✅ Correct Answer: (A)
External yield criterion
Q. Which one of the following is the main objective of Unit Trust of India?
✅ Correct Answer: (D)
To mobilize the savings of low and middle income groups
Q. The Unit Trust of India (UTI) was set up in ……..
✅ Correct Answer: (D)
1964
Q. Co-operative development bank was set up by
✅ Correct Answer: (A)
NABARD
Q. When was the Industrial Finance Corporation of India setup in India?
✅ Correct Answer: (B)
1948
Q. Which of these DFI was primarily set up for the development of the Micro, Small and Medium Enterprise (MSME) sector?
✅ Correct Answer: (C)
SIDBI