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- 26. Which of the following organizations has became the first listed Indian company among the 30 SENSEX firms to have more than 75 percent shareholding by Foreign Institutional Investors (FIIs) ?
A.HDFC
B.HSBC
C.ICICI
D.LIC
Answer & Explanation
Answer: Option A
HDFC

- 27. One 7th January 2014, which panel suggested sweep changes in the banking structure appointed by RBI ?
A.Deepak Mohanthy
B.Chaturvedi
C.Nachiket Mor
D.Bimal Jalan
Answer & Explanation
Answer: Option C
Nachiket Mor

- 28. As per the Nachiket Mor committee, the banks exclusively should be established for the welfare of ____________ ?
A.Low income households
B.industries
C.small scale industries
D.bank employees
Answer & Explanation
Answer: Option A
Low income households

- 29. By what date every Adult citizen of India must hold a savings account as per the report of Nachiket ?
A.1st Jan 2016
B.31st Dec 2016
C.31st Dec 2015
D.15th Dec 2016
Answer & Explanation
Answer: Option A
1st Jan 2016

- 30. To provide payment services and deposit products to small business and low-income households with a maximum balance of Rs. 50,000 per customer, which type of banks to be set up as per Nachiketmor committee report submitted on 7th January 2014 ?
A.Deposit banks
B.Satellite Banks
C.PI Banks
D.Payment banks
Answer & Explanation
Answer: Option D
Payment banks

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