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- 1. Which of the following is TRUE about the National Rural Employment Guarantee act?
A) IT is applicable only in 100 rural districts
B) It gives a guaranteed employment of 100 days to all those who are eligible for the same and are also willing to take it
C) This act is applicable only for men between the age of 21-65. Women do not get the benefit of the same
A.Only A
B.Only B
C.Only C
D.All A, B and C
Answer & Explanation
Answer: Option B 
Only B
View Answer
- 2. IMF was established to meet which of the following objectives?
A) Promoting International Monetary Cooperation
B) Expanding International Trade
C) Lessening the disequilibrium in balance of trade
D) Avoiding competitive exchange depreciation
A.A, B and C only
B.A, C and D only
C.B and D only
D.All A, B, C and D
Answer & Explanation
Answer: Option A
A, B and C only
View Answer
- 3. The earliest efforts in the direction of setting up special land mortgage banks were made in ?
A.West Bengal when the first co-operative land mortgage bank was organized in 24 parganas in 1884
B.In Punjab when the first co-operative land mortgage bank was organized in Jhang in 1920
C.Orissa when the first co-operative land mortgage bank was organized in Jhang in 1834
D.All of these
Answer & Explanation
Answer: Option B
In Punjab when the first co-operative land mortgage bank was organized in Jhang in 1920
View Answer
- 4. Govt. of India has created a special India Micro finance Equity Fund of Rs. 100 Crores. The fund is maintained by
A.IDBI
B.SIDBI
C.SIDB
D.None of these
Answer & Explanation
Answer: Option B
SIDBI
View Answer
- 5. The formal or institutional credit delivery system in rural India comprises which of the following ?
A) Cooperative Credit Institutions
B) Commercial Banks
C) Regional Rural Banks
D) Self-Help Groups
A.Only A and B
B.Only C and D
C.Only A, B and C
D.All A, B, C and D
Answer & Explanation
Answer: Option C
Only A, B and C
View Answer
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Students can learn and improve on their skillset for using Verbal Ability effectively and can also prepare for competitive examinations like...
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