Which among the following is the oldest Development Financial Institution of India?
UTI
IDBI
ICICI
IFCI
Correct Answer :
D. IFCI
Related Questions
What is the difference between Debentures and Equity?
Debentures are sealed bonds acknowledging that money has been borrowed; equity is a shareholder's share voting rights in proportion to his shareholding
An equity shareholder cannot withdraw his amount whereas debentures can be withdrawn by taking back the amount
Equity shareholding is more risky, compared to debentures which are bound to return good interest on the principal
Both debenture and equity holders have the right of voting irrespective of the proportion of holdings but debentures are of lower value than equity
Consider the following statements: [IAS 2004]
1. The National Housing Bank, the apex institution in housing finance in India, was set up as a wholly owned subsidiary of the Reserve Bank of India
2. The Small Industries Development Bank of India was established as a wholly owned subsidiary of the Industrial Development Bank of India
Which of the statements given above is/are correct?
1 only
2 only
Both 1 and 2
Neither 1 nor 2
Which one of the following statements is not correct? [CDS 2009]
The National Association of Securities Dealers Automated Quotations known as NASDAQ, is an American stock exchange
Nikkei is the stock market index for the Tokyo Stock Exchange
S and P CNX Nifty is the index for 50 large companies on the Bombay Stock Exchange
Hang Seng Indexes record daily changes of the largest companies of the Hong Kong stock market
Which of the following best defines the term 'Letter of Credit' as used frequently in bank transactions? [SBI PO 1991]
An order from a bank to another bank abroad authorising the payment of a particular amount to a person named in the letter
An unconditional undertaking given by a bank ensuring the payment of a particular amount to the drawee at a given date
Letter by a bank to a person stating the terms and conditions of the loan sanctioned to him by the bank
Statement showing outstanding- deposits and credits of a bank for a particular period
Which of the following is not an asset held by commercial banks?
Bills of exchange
Current account deposits
Credit balances with the Reserve Bank
Money lent at short notice
What is the role of 'Over-the Counter Exchange' (OTC)?
Help in the introduction of multi-tiered markets and import liquidity to them
Help to overcome the balance of payment crisis
To arrange funds from different foreign banks of developing/ under developing countries
All of the above
In India, the first bank of limited liability managed by Indians and founded in 1881 was:
Hindustan Commercial Bank
Oudh Commercial Bank
Punjab National Bank
Punjab and Sind Bank
Which of the following combinations is correct? [IFS 1989]
NABARD-Industrial Loans
IDBI-Short term loans
RBI-Long term finance
RRB-Agricultural finance
The largest Public Sector Bank in India is: [CDS 1991]
Central Bank
State Bank of India
Punjab National Bank
Indian Overseas Bank
Who amongst the following has never held post of the Governor of the RBI? [RBI Grade B Officer 2011]
C. Rangarajan
L.K. Jha
Manmohan Singh
Usha Thorat
EXIM Bank was set-up in :
1980
1982
1985
1986
Debenture holders of a company are its:
shareholders
creditors
debtors
directors
Consider the following statements: [IAS 2004]
1. Reserve Bank of India was nationalized on 26 January, 1950
2. The borrowing programme of the Government of India is handled by the Department of Expenditure, Ministry of Finance
Which of the statements given above is/are correct?
1 only
2 only
Both 1 and 2
Neither 1 nor 2
Which of the following organisations in India is mainly' working to meet the credit needs of all types of agricultural and rural development activities?
FCI
IDBI
NABARD
ICAR
In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities? [CSAT 2011]
Commercial Banks
Cooperative Banks
Regional Rural Banks
Microfinance Institutions
In order to be scheduled to the Reserve Bank of India, a bank should have capital and reserve of not less than:
1 lakh
5 lakhs
10 lakhs
50 Iakhs
Which bank gives long term loan to farmers?
NABARD
Land Development Bank
SBI
Rural banks
The first Bank established in India was
Punjab National Bank
Traders Bank
State Bank of India
Bank of Hindustan
The Reserve Bank of India issues:
all the currency notes
all the currency notes except the one rupee note
all the currency notes except the hundred rupee note
only notes of Rs. 10 and above
The National Stock Exchange functions from:
New Delhi
Mumbai
Nagpur
Kolkata
Which of the following organisations prepare rural credit plans on annual basis for all districts in India, which in turn form the base for annual credit plans of all rural financial institutions? [RBI Grade B Officer 2011]
SIDBI
NABARD
RBI
Indian Bank's Association
Consider the following events:
1. Conversion of Imperial Bank of India into S.B.I.
2. Establishment of NABARD
3. Setting up of RRBs
4. Nationalisation of R.B.I.
The correct chronological sequence of these events is : [CDS 1999]
4, 1, 2, 3
4, 1, 3, 2
1, 4, 3, 2
1, 4, 2, 3
The arguments to support opening up of the Insurance sector in India were:
1. It will provide wider choice to customers
2. It will infuse competition and efficiency
3. It will widen the base of long term funds
4. It will improve balance of payments position
Choose the correct answer from:
1, 2
2, 3
1, 2, 3
1, 2, 3 and 4
Which of the following is not an affiliate of the Reserve Bank of India?
Unit Trust of India
The Industrial Development Bank of India
Agricultural Refinance Corporation
Deposit Insurance Corporation
Bouncing of cheques has become an offence. What is the punishment for the same:
6 months imprisonment
1year imprisonment
2 years imprisonment
3 years imprisonment
Which one of the following Public Sector banks' emblem figures a dog and the words 'faithful, friendly' in it ? [CDS 2010]
Punjab National Bank
Syndicate Bank
Oriental Bank of Commerce
State Bank of India
The National Housing Bank was set up in India as a wholly-owned subsidiary of which one of the following? [IAS 2007]
State Bank of India
Reserve Bank of India
ICICI Bank
Life Insurance Corporation of India
Participatory Notes (PNs) are associated with which one of the following?
Consolidated Fund of India
Foreign Institutional Investors
United Nations Development Programme
Kyoto Protocol
Which two of the following nationalized banks have been merged as per the recommendation of the Narsimhan Committee? [NDA 1995]
New Bank of India and Bank of India
Central Bank of India and Corporation Bank
Parur Bank of India and Bank of India
Punjab National Bank and New Bank of India
How do we define the terms bull and bear with regard to stock markets?
A bull is an optimistic operator who first buys and then sells shares in expectation of the price going up; a bear is a pessimistic market operator who sells the shares in expectation of buying them back at a lower price
There is nothing significantly different as both operate in the capital market
Bull is one who first sells a share and then buys it at a lower price; bear means one who first buys and then sells it in expectation of prices going up
A bull is ready to buy any share; a bear only deals in government securities