Question Detail

Small Industries Development Bank of India (SIDBI) was established in :

1986
1987
1988
1989

Answer: Option D

Explanation:

Small Industries Development Bank of India (SIDBI) was established in 1989. Its main function is to provide assistance to small scale industries through state finance corporations, state industrial development corporations, commercial banks etc.

1. National Rural Employment Guarantee Programme started in ?

2005
2006
2007
2008

Answer: Option B

Explanation:

It started on 2nd Feb, 2006.
Govt. of India renamed it to Mahatma Gandhi National Rural Employment Guarantee Act(MNERGA) on 2nd October, 2009.

2. Which state is the biggest tea producer in the country ?

Andhra Pradesh
Sikkim
Assam
West Bengal

Answer: Option C

3. Planning Commission was constituted on ?

15 March, 1948
15 March, 1949
15 March, 1950
15 March, 1951

Answer: Option C

Explanation:

The Prime Minister is the ex-officio Chairman of this Commission.

4. Deficit financing means that the government borrows money from the ?

Revenue Department
World Bank
RBI
None of above

Answer: Option C

5. Which one of the following is the banker of the banks ?

State Bank of India
Reserve Bank of India
Punab National bank
Central Bank of India

Answer: Option B