Friday, 4 May 2012

General awareness- 2012 Practice Test 46 in Banking Related

1. The Tamil nadu industrial investment corporation was set up as a joint stock company in
A. 1949
B. 1952
C. 1964
D. 1969
E. None


2. All the state financial corporations except the Tamil nadu industrial ivestment corporation ,have been setup under the state financial corporation Act of
A. 1949
B. 1951
C. 1956
D. 1960
E. None


3. Which of the following is not the function of Industrial investment Bank of India ?
A. To act an agent of central and state Governments, Reserve bank, state bank , scheduled commercial and state co-operative banks , public financial institutions ,SFCs Ects.
B. To under write stocks ,shares, bonds and debentures
C. To underwrite loans/deferred payments and performance obligations of any contacts undertaken by industrial concerns
D. To grant Loans and advances to industrial concerns.
E. None


4. The Maximum Amount That can be sanctioned to an industrial concern of SFC is
A. Rs. 50 lakhs
B. Rs. 60 lakhs
C. Rs. 75 lakhs
D. Rs. 1crore
E. None


5. When did Reserve bank of India issue guidelines for the setting up of new private sector banks in India in
A. January 1993
B. February 1994
C. March 1995
D. March 1996
E. None


6. The new bans are required to be registered as public limited companies under the companies act ,1956 ,with initial paid up capital of 1993 guidelines
A. Rs. 50 crores
B. Rs. 75 crores
C. Rs. 100 crores
D. Rs. 200 crores
E. None


7. In January 2001 ,Reserve Bank of India issued fresh guidelines for private banks Raising the share caital of banks to
A. Rs .150 crores
B. Rs. 200 crores
C. Rs. 500 crores
D. Rs. 550 crores
E. None


8. Government decided to allow new loacal area banks in
A. 1995
B. 1996
C. 1994
D. 2000
E. None


9. The minimum paid up capital for local area banks in
A. Rs. 1crore
B. Rs. 2crore
C. Rs. 3crore and the promoters contribution is 1crore
D. Rs.5 crore and the promoters contribution is 2 crore
E. None


10. National Housing Bank was set up in
A. July 1988
B. March 1989
C. March 1990
D. April 1991
E. None


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