Q. Which of the following is the first Development Bank of India
✅ Correct Answer: (A)
IFCI
Banking and Finance 2 MCQs and Notes
Q. Industrial Development of was established as a subsidiary of
✅ Correct Answer: (A)
RBI
Q. ”Development Banks” are
✅ Correct Answer: (B)
Financial sections which provide long term finance to industries
Q. Industrial Finance Corporation of India (IFCI) was established in :
✅ Correct Answer: (C)
1948
Q. Venture capital was originated in which of the following countries?
✅ Correct Answer: (C)
USA
Q. What is the full form of VCT?
✅ Correct Answer: (A)
Venture Capital Trusts
Q. Which of the following give finance to young, start-up companies?
✅ Correct Answer: (A)
Venture Capital Firm
Q. Which agency regulates and supervises NBFCs?
✅ Correct Answer: (C)
RBI
Q. An increase in productivity in a country will cause its currency to _____ because it can produce goods at a _____ price.
✅ Correct Answer: (B)
appreciate; lower
Q. If a factor increases the demand for _____ goods relative to _____ goods, the domestic currency will appreciate.
✅ Correct Answer: (D)
domestic; foreign