Find General Awareness Quiz 14 for SBI & IBPS clerk PO Main exams
1 . | Industrial Development Bank of India was set up in | A. 1952 | B. 1956 | C. 1964 | D. 1970 | | Answer & Explanation Answer : Option C | | Explanation : | | | | | | | | 2 . | IDBI was delinked from the Reserve Bank of India on | A. 16th February 1976 | B. 15th March 1978 | C. 31st March 1980 | D. 1st April 1984 | | Answer & Explanation Answer : Option A | | Explanation : | | | | | | | | 3 . | When did IDBI introduced equipment Finance Scheme, wherein foreign currency loans are made available to industrial concerns for import of capital goods and equipment not related to any specific project ? | A. 1970 | B. 1978 | C. 1984 | D. 1989 | | Answer & Explanation Answer : Option C | | Explanation : | | | | | | | | 4 . | Industrial Development Bank of India subscribes share and bonds of | A. SFCs | B. SIDCs | C. National Small Industries Corporation Ltd. | D. All of the above | | Answer & Explanation Answer : Option D | | Explanation : | | | | | | | | 5 . | The IDBI was wholly owned by the Government of India till | A. 1990-91 | B. 19995-96 | C. 2000-01 | D. 2003-04 | | Answer & Explanation Answer : Option B | | Explanation : | | | | | | | | 6 . | The Industrial Development Bank of India raises the bulk of its funds from | A. Market borrowings by way of bonds | B. The borrowings out of National Industrial Credit Funds of the Reserve Banks | C. Foreign currencies by way of loans and private placement of its bonds in foreign capital markets | D. All of the above | | Answer & Explanation Answer : Option D | | Explanation : | | | | | | | | 7 . | Which of the following institutions is co-sponsored by IDBI ? | A. National Stock Exchange of India | B. Over the counter exchange of India | C. Discount and finance house of India ltd. | D. All of the above | | Answer & Explanation Answer : Option D | | Explanation : | | | | | | | | 8 . | The Industrial Finance Corporation of India was the first development bank established in India in the year | A. 1948 | B. 1952 | C. 1965 | D. 1974 | | Answer & Explanation Answer : Option A | | Explanation : | | | | | | | | 9 . | When did the Industrial Finance Corporation of India (IFCI) was converted into a joint stock company to enable it to function with more flexibility ? | A. 1985 | B. 1993 | C. 1990 | D. 1989 | | Answer & Explanation Answer : Option B | | Explanation : | | | | | | | | 10 . | Under Project Finance IFCI are provided assistance in different ways. Which of the following is not one of them ? | A. Underwriting of equity, preference and debenture issue | B. Guaranteeing the deferred payments in respect of machinery imported from abroad or purchased in India | C. Underwriting of loans raised in foreign currency from foreign financial institution | D. Subscribing to equity preference and debenture issues | | Answer & Explanation Answer : Option C | | Explanation : | | | | | | | | |
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