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Exim Bank

Description: Banking General Knowledge Test Preparation and also Useful for UPSC, DSSB, Bank PO, SSC and Other Competitive Entrance Exams Preparation and Practice Material
Number of Questions: 25
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Tags: Bank. Commerce General Knowledge B.Ed Bank Placement Papers UPSC IQ Quiz SSC Railways RRB Bank PO Bank Clerical NDA CDS Civil Services MBA MCA MAT RRB ASM PCS General Awareness Indian Banking and Financial System Banking Awareness
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Which of the following is a function of Exim Bank?

  1. Discounting of Export Bills.
  2. Providing technical assistance to exporters.
  3. Providing counseling services to exporters.
  1. Only 1

  2. Only 1 and 2

  3. Only 2 and 3

  4. 1, 2 and 3

  5. None of these


Correct Option: D

When was National Housing Bank established?

  1. July 1982

  2. July 1985

  3. July 1988

  4. July 1991


Correct Option: C

Out of 7 offices in India, Exim Bank has no office in�

  1. Hyderabad, Kanpur, Jaipur
  2. Banglore, Ahmedabad, Pune
  3. New Delhi, Mumbai, Kolkata, Chennai
  1. 1

  2. 2

  3. 1 and 2

  4. 2 and 3


Correct Option: A

With a view to provide Factoring and Forfaiting services to Indian exporters, EXIM Bank has established a joint venture jointly with—

  1. West Dutch Lands Bank

  2. Bank of Nova Scotia

  3. Union Bank of Switzerland

  4. Bank National De Paris


Correct Option: A

Exim Bank has decided to acquire some stake in�

  1. Commonwealth Bank of Australia

  2. Royal Bank of Scotland

  3. Development Bank of Mauritius

  4. United Bank of Switzerland


Correct Option: C

Out of 5 offices abroad, Exim Bank has no office in�

  1. Singapore, Rome
  2. Landon, Thailand
  3. Washington D.C., Johannesburg, Budapest
  1. 1

  2. 2

  3. 1 and 2

  4. 2 and 3


Correct Option: B

Which of the following is a joint venture of EXIM Bank?

  1. Global Procurement Consultants Ltd., Mumbai

  2. Development Bank of Zambia

  3. West African Development Bank

  4. State Bank ocean International


Correct Option: A

Which of the following statements is/are correct regarding Exim Bank?

  1. It provides financial advice and counseling services for internationalisation of business of Indian companies which are foreign oriented.
  2. It provides Working Capital Term Loan to export-oriented units.
  3. It provides refinance for export credit.
  1. 1

  2. 1 and 2

  3. 2 and 3

  4. 1, 2 and 3

  5. None of these


Correct Option: D
Explanation:

All are correct.

When was Home Loan Account Scheme launched by National Housing Bank?

  1. 1st July 1989

  2. 1st July 1991

  3. 1st July 1993

  4. 1st July 1995


Correct Option: A

The Paid up Capital of National Housing Bank is�

  1. Rs 150 crore

  2. Rs 250 crore

  3. Rs 350 crore

  4. Rs 450 crore


Correct Option: D

Whose subsidiary is National Housing Bank?

  1. State Bank of India

  2. Reserve Bank of India

  3. Housing Development Finance Corporation

  4. ICICI Bank


Correct Option: B

Export Import Bank of India has recently signed a Memorandum of Understanding (MoU) with�

  1. Economic Development Board of Bahrain

  2. Economic Development Board of Singapore

  3. Economic Development Board of Thailand

  4. All the above


Correct Option: A

Which of the following is an apex body with regards to housing finance?

  1. National Housing Bank

  2. Housing and Urban Development Corporation

  3. Housing Development Finance Corporation

  4. SBI Home Finance

  5. None of these


Correct Option: A
Explanation:

An apex body with regards to housing finance is National Housing Bank.

Which of the following statements is correct regarding National Housing Bank?1.It is an apex bank for housing finance.

  1. It can make a plan for raising funds and providing loans for housing.
  2. It cannot raise its resources through issuance of debentures.
  1. 1

  2. 1 and 2

  3. 2 and 3

  4. 1, 2 and 3


Correct Option: B

A Housing Finance Company can provide loan to an individual to the extent of ....................of its net owned funds.

  1. 15%

  2. 20%

  3. 25%

  4. 30%


Correct Option: A

An account can be opened in a………………………under Home Loan Account Scheme of National Housing Bank.

  1. Specified branches of scheduled banks
  2. National Housing Bank
  3. Post Offices (Selected)
  1. 1

  2. 2

  3. 1 and 2

  4. 1, 2 and 3


Correct Option: A

Commercial banks can provide loans to housing finance companies to the extent of…………………………of net owned funds of the respective bank.

  1. 2 times

  2. 3 times

  3. 5 times

  4. No limit


Correct Option: D

Housing Finance Companies are required to maintain minimum capital adequacy ratio of�

  1. 9%

  2. 10%

  3. 11%

  4. 12%


Correct Option: D

Every housing finance company is required to transfer………………….of its net profit to a Reserve Fund before declaring any dividend.

  1. 5%

  2. 10%

  3. 15%

  4. 20%


Correct Option: D

A Housing Finance Company can provide loan to a group to the extent of……………………..of its net owned funds.

  1. 20%

  2. 25%

  3. 30%

  4. 35%


Correct Option: C

A depositor is required to deposit a certain sum of money for a minimum period of …………………………. to be eligible for a loan under Home Loan Account scheme of National Housing Bank.

  1. 1 year

  2. 2 years

  3. 3 years

  4. 5 years


Correct Option: D

What is the maximum repayment period under 'Swarn Jayanti Rural Housing Finance Scheme' of National Housing Bank?

  1. 10 years

  2. 15 years

  3. 20 years

  4. 25 years


Correct Option: B

Which of the following statements is correct regarding National Housing Bank?

  1. It provides refinance to scheduled commercial banks.
  2. It provides Guarantee and Underwriting services to Housing Finance institutions.
  3. It is not authorised to audit account books of Housing Finance institutions and scheduled commercial banks.
  1. 1

  2. 1 and 2

  3. 2 and 3

  4. 1, 2 and 3

  5. None of these


Correct Option: B
Explanation:

Only first and second statements are correct.

A Housing Finance Company can invest in other companies to the extent of........................of its net owned funds.

  1. 5%

  2. 10%

  3. 15%

  4. 20%


Correct Option: A

For building a house, loan can be obtained through scheduled commercial banks and …………………..under 'Swarn Jayanti Rural Housing Finance Scheme' of National Housing Bank.

  1. Agriculture & Rural Development Bank
  2. Housing Finance Companies.
  3. te level Scheduled Cooperative Banks.
  4. operative Housing Finance Companies.
  1. 1 and 2

  2. 1 and 3

  3. 1, 2 and 3

  4. 1, 2, 3 and 4


Correct Option: D
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