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. Exise duty is imposed on

Sale of an item
Production of an item
Consumption of an item
All of above

Answer: Option B

Explanation:

Exise duty is imposed on Production of an item so it is a commodity tax.

2. Kudremukh Iron Ore project is in the state of

Kerala
Tamil Nadu
Gujrat
Karnataka

Answer: Option D

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

1986
1987
1988
1989

Answer: Option D

Explanation:

4. What is the mainstay of Indian economy ?

Manufacturing
Business
Public sector
Agriculture

Answer: Option D

5. "Blue sky laws" is a term used for laws which are :

Only for personal interest of a political party.
Which cheaters can use to fraud public.
Which are there to protect public from securities frauds.
Which are created in hurry.

Answer: Option D