1. 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.
2. Industrial Finance Corporation of India (IFCI) was established in :
1946
1947
1948
1949
Answer: Option C
Explanation:
Industrial Finance Corporation of India (IFCI) was established in 1948,
Its main functions are Project Finance and Promotional services.
3. National Sample Survey Organisation (NSSO) was established in
1947
1948
1949
1950
Answer: Option D
4. Deficit financing implies :
printing new currency notes
public revenue in excess of public expenditure
public expenditure in excess of public revenue
replacing new currency with worn out currency
Answer: Option C
5. The mineral in which India depends largely on imports is