Q. Bonus is part of Basic Wages as defined in the respective section in the PF Act.
✅ Correct Answer: (B)
False
Banking and Finance 2 MCQs and Notes
Q. Section 2(aa) of the PF act defines the term ……………
✅ Correct Answer: (B)
Authorised Officer
Q. The headquarter of NABARD is situated in
✅ Correct Answer: (B)
Mumbai
Q. The Export-Import bank of India (Exim Bank) is a public sector financial institution created by an Act of parliament viz
✅ Correct Answer: (C)
Export-Import bank of India Act, 1981
Q. The Exim bank has been set up for the purpose of
✅ Correct Answer: (D)
All of the above
Q. At present the RBI holds one percent of shareholding in
✅ Correct Answer: (C)
NABARD
Q. Central Government’s contribution towards the capital of RRBs is made through
✅ Correct Answer: (A)
NABARD
Q. In India, the bank NABARD does not provide refinance to
✅ Correct Answer: (D)
state land development bank