Top 150+ Solved Banking and Finance 2 MCQ Questions Answer
Q. Venture capital was originated in which of the following countries?
a. India
b. Britain
c. USA
d. France
Q. Industrial Finance Corporation of India (IFCI) was established in :
a. 1946
b. 1947
c. 1948
d. 1949
Q. ”Development Banks” are
a. Branches of commercial Banks whether in private or public sector, situated in rural area for upliftment of weaker sections of the society
b. Financial sections which provide long term finance to industries
c. Land development banks which provide development financing to agriculture
d. None of these
Q. Industrial Development of was established as a subsidiary of
a. RBI
b. SIDBI
c. SBI
d. Industrial credit & investment corporation of India
Q. Which of the following is the first Development Bank of India
a. IFCI
b. SFC
c. NABARD
d. State Industrial Development corporations
Q. Which development financial institution integrated with a bank?
a. IFCI Ltd
b. ICICI LTD
c. NHB
d. IIFCL
Q. Which is the financial development institution created specially for the small & medium enterprises
a. SIDBI
b. IDBI
c. NABARD
d. IFCI LTD
Q. Which financial institution is helping commercial banks is lending to the infrastructure sector?
a. IFCI Ltd
b. IDBI
c. IIFCL
d. IIBI
Q. The erstwhile Industrial Reconstruction Bank of India (IRBI) is now known as
a. IFCI
b. ICICI
c. IDBI
d. Industrial Investment Bank of India Ltd
Q. Which of the following is not correct about development banks in India?
a. The Development Banks do not seek or accept deposits from the public
b. They provide short term finance
c. The development banks promote economic development by promoting investment & enterprise
d. None of these
Q. Which agency is exclusively concerned with the credit needs of all types agricultural and ruraldevelopment?
a. SBI
b. IDBI
c. RBI
d. NABARD
Q. Which of the following is the apex institution which handles refinance for agriculture and ruraldevelopment in India?
a. RBI
b. SIDBI
c. NABARD
d. SEBI
Q. Which among the following is the oldest development Financial Institution of India?
a. UTI
b. IDBI
c. ICICI
d. IFCI