Tag: industrial sector

Questions Related to industrial sector

Increase in cash reserve ratio adversely affects the capacity of commercial banks to create credit.

history industrial sector growth of banks in india nationalisation and privatisation of banks private sector anddifference between public and private sector

  1. True

  2. False

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Correct Option: A
Explanation:

An increase in cash reserve ratio reduces the excess reserves of commercial banks and limits their credit creating power

How many Nationalized Banks are opening in India?

history industrial sector growth of banks in india nationalisation and privatisation of banks private sector anddifference between public and private sector

  1. $14$

  2. $19$

  3. $21$

  4. $17$

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Correct Option: B

General Insurance Corporation was nationalized in ________.

history industrial sector growth of banks in india nationalisation and privatisation of banks private sector anddifference between public and private sector

  1. 1971

  2. 1969

  3. 1970

  4. 1967

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Correct Option: A

IDBI was established in ________.

history industrial sector growth of banks in india nationalisation and privatisation of banks private sector anddifference between public and private sector

  1. 1960

  2. 1964

  3. 1970

  4. 1962

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Correct Option: B

Prior to nationalization, there was a concentration of banks in urban areas.

history industrial sector growth of banks in india nationalisation and privatisation of banks private sector anddifference between public and private sector

  1. True

  2. False

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Correct Option: A

Until nationalization all major banks were controlled by one or more business houses.

history industrial sector growth of banks in india nationalisation and privatisation of banks private sector anddifference between public and private sector

  1. True

  2. False

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Correct Option: A

Prior to nationalization of banks in 1969 banks did not lend according to social needs.

history industrial sector growth of banks in india nationalisation and privatisation of banks private sector anddifference between public and private sector

  1. True

  2. False

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Correct Option: A

Agriculture accounted for ___ % of advances of banks just before nationalization.

history industrial sector growth of banks in india nationalisation and privatisation of banks private sector anddifference between public and private sector

  1. 2.2%

  2. 4.4%

  3. 6.6%

  4. 8.8%

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Correct Option: A

Apart from neglecting agricultural sector, commercial banks prior to nationalization neglected export and small scale industries.

history industrial sector growth of banks in india nationalisation and privatisation of banks private sector anddifference between public and private sector

  1. True

  2. False

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Correct Option: A

Which of the following is Apex Bank for agricultural credit in India?

history industrial sector growth of banks in india nationalisation and privatisation of banks private sector anddifference between public and private sector

  1. RBI

  2. SIDBI

  3. ICICI

  4. NABARD

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Correct Option: D