General Awareness Quiz 16 for SBI & IBPS exams
1 . | The Unit Trust of India is a statutory public sector investment institution set up in | A. 1956 | B. 1964 | C. 1966 | D. 1969 | | Answer & Explanation Answer : Option B | | Explanation : | | | | | | | | 2 . | Which of the following is not correctly matched ? | A. The Unit Linked Insurance Plan - 1971 | B. The Income Share Scheme -1982 | C. Monthly Income Unit Scheme - 1983 | D. Unit Schemes for Charitable and Religious Trusts and Registered Societies - 1984 | | Answer & Explanation Answer : Option D | | Explanation : | | | | | | | | 3 . | The Export-Import Bank of India was set up in | A. January 1, 1982 | B. January 3, 1983 | C. March 31, 1985 | D. April 17, 1986 | | Answer & Explanation Answer : Option A | | Explanation : | | | | | | | | 4 . | The paid up capital of the EXIM Bank is | A. Rs. 100 crores | B. Rs. 200 crores | C. Rs. 500 crores | D. Rs. 1000 crores | | Answer & Explanation Answer : Option C | | Explanation : | | | | | | | | 5 . | Which of the following is not a function of the EXIM bank ? | A. financing of joint ventures in foreign countries. | B. financing of export and import of machinery and equipment on lease basis. | C. financing of export from and imports into not only India, but also third countries, of goods and services. | D. providing loans to a foreign parry to as to enable it to contribute in the share capital of a joint venture in India. | | Answer & Explanation Answer : Option D | | Explanation : | | | | | | | | 6 . | EXIM banks provide loans to foreign Government companies and Financial Institutions under its | A. overseas Buyer's Credit Scheme | B. Lines of Credit to foreign governments | C. Relending facility to banks overseas | D. All of the above | | Answer & Explanation Answer : Option D | | Explanation : | | | | | | | | 7 . | The EXIM banks provide loans to Indian companies under its | A. Technology and consultancy services | B. Pre-shipment credit in case of export contract for capital goods | C. Direct financial assistance to exporters | D. All of the above | | Answer & Explanation Answer : Option D | | Explanation : | | | | | | | | 8 . | National Bank for Agriculture and Rural Development (NABARD) was set up on | A. 12th July 1982 | B. 10th August 1981 | C. 12th September 1982 | D. 6th December 1983 | | Answer & Explanation Answer : Option A | | Explanation : | | | | | | | | 9 . | NABARD provides different types of refinance to the eligible institutions namely | A. State Co-operative Banks | B. Regional Rural Banks | C. State Land Development Banks | D. All of the above | | Answer & Explanation Answer : Option D | | Explanation : | | | | | | | | 10 . | If Regional Rural Banks and Cooperative Banks seek permission of the Reserve Bank for opening branches, it will have to obtain recommendation from | A. State Bank of India | B. ICICI Bank | C. NABARD | D. None of these | | Answer & Explanation Answer : Option C | | Explanation : | | | | | | | | |
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