Banking and Finance 2 MCQs

M

Mr. Dubey • 51.67K Points
Coach

Q 21. Bonus is part of Basic Wages as defined in the respective section in the PF Act.

(A) True
(B) False
(C) none
(D) none

M

Mr. Dubey • 51.67K Points
Coach

Q 22. Section 2(aa) of the PF act defines the term ……………

(A) Basic Wages
(B) Authorised Officer
(C) Government
(D) None of these

M

Mr. Dubey • 51.67K Points
Coach

Q 23. NABARD is a

(A) Board
(B) Bureau
(C) Bank
(D) Department

M

Mr. Dubey • 51.67K Points
Coach

Q 24. The headquarter of NABARD is situated in

(A) Delhi
(B) Mumbai
(C) Lucknow
(D) Kolkata

M

Mr. Dubey • 51.67K Points
Coach

Q 25. The Export-Import bank of India (Exim Bank) is a public sector financial institution created by an Act of parliament viz

(A) BR Act ,1949
(B) The companies Act, 1956
(C) Export-Import bank of India Act, 1981
(D) The Exim Act, 1948

M

Mr. Dubey • 51.67K Points
Coach

Q 26. The Exim bank has been set up for the purpose of

(A) functioning as a specialized institution for providing comprehensive credits on international competitive terms for exports of capital goods, engineering goods, manufactured produced, projects and services
(B) offering advisory services to exporters for non –traditional exports
(C) Providing refinance facilities in regard to export financing by banks and other financial institutions.
(D) All of the above

M

Mr. Dubey • 51.67K Points
Coach

Q 27. The headquarters of SIDBI is in

(A) Lucknow
(B) New Delhi
(C) Mumbai
(D) Kolkata

M

Mr. Dubey • 51.67K Points
Coach

Q 28. At present the RBI holds one percent of shareholding in

(A) SBI
(B) NHB
(C) NABARD
(D) RBI

M

Mr. Dubey • 51.67K Points
Coach

Q 29. Central Government’s contribution towards the capital of RRBs is made through

(A) NABARD
(B) RBI
(C) SBI
(D) Central cooperative Bank

M

Mr. Dubey • 51.67K Points
Coach

Q 30. In India, the bank NABARD does not provide refinance to

(A) Scheduled commercial bank
(B) RRB
(C) EXIM bank
(D) state land development bank

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