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Banking Awareness Questions :: IBPS PO & Clerks Set 6 Question And Answers

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16. One of the delivery channel for Micro Finance is SHG model. SHG means?
A. Soar Help Group B. Self Hope Group
C. Sake Help Group D. Self Help Group
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17. Indian Micro Finance Institutes (MFI) usually adopt the group-based lending models, which are of two types. SHG model and JLG model. SHG means Self Help Group and JLG means?
A. Joint Liability Game B. Joint Liability Group
C. Josh Liability Group D. Joint Loan Group
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18. To control high rate interest rates, coercive collections and illegal insurance practices by the Micro Finance Institutes, Andhra Pradesh Government passed Andhra Pradesh Microfinance Institutions (Regulations of Money Lending) Act in?
A. 2014 B. 2013
C. 2012 D. 2011
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19. In the Not-For-Profit Micro Finance Institutes, which among the following are included?
A. Public Trusts B. Non-Profit Companies
C. Societies D. All of these
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20. Co-operatives registered under state or National Acts and MACs come under Mutual benefit MFIs. MACS means?
A. Moral-Aided Co-Operative Societies B. Mutually-Aided Co-Operative Societies
C. Mint-Aided Co-Operative Societies D. None of these
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21. Which Agency in India is called the "Issuer of Currency" ?
A. SBI B. Ministry of Finance
C. RBI D. Finance Ministry
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22. Who mints one rupee paper currency in India ?
A. RBI B. IDBI
C. SBI D. Government of India
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23. The financial assistance of loans of Rs. 10,000 by a bank to a v
A. Business Finance B. Micro Finance
C. Small Finance D. KYC
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24. Who mints the paper currency other than one rupee ?
A. Government of India B. RBI
C. SBI D. President of India
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25. _____________ issues the paper currency having denomination of Rs. 2 and more ?
A. Government of India B. Ministry of Finance
C. SEBI D. RBI
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