Organizations Facilitating Business 0 Organizations Facilitating Business 1 / 30 Q.30 What is the constitution of Competition Commission of India? A chairperson and 6 members appointed by the Central Government A chairperson and 5 members appointed by the Central Government A chairperson and 5 members appointed by the RBI A chairperson and 6 members appointed by the RBI 2 / 30 Q.29 Provision of finance for agriculture is now handled by Export -Import Bank of India (EXIM Bank) Small Industries Development bank of India (SIDBI) Reserve Bank of India (RBI) National Bank for Agriculture and Rural Development (NABARD) 3 / 30 Q.28 For the discharge of its functions efficiently, SEBI has been vested with the following powers: To approve by-laws of stock exchanges. To inspect the books of accounts and call for periodical returns from recognized stock exchanges. To compel certain companies to list their shares in one or more stock exchanges All of the above 4 / 30 Q.27 Which of the following is not a function of EXIM Bank? Financing the exports and imports of goods and services of third world countries Financing the exports and imports of machinery on lease basis Financing the Joint Ventures abroad None of the above 5 / 30 Q.26 A __________ emanates from decision and decision is taken in line with ______. Identify the right expression to in the blanks: Policy; Goal Budget; Plan Plan; Budget Goal; Plan 6 / 30 Q.25 EXIM Bank activities include - Import of technology Export marketing Overseas investment All the above 7 / 30 Q.24 The RBI has been vested with extensive power to control and supervise commercial banking system under the - Reserve Bank of India Act, 1934. The Banking Regulation Act, 1949 Both (a) and (b) None of the above 8 / 30 Q.23 EXIM Bank acts as an apex Banking Institution in - Foreign Trade Agriculture Industrial loan All the above 9 / 30 Q.22 Which of the following statements about RBI is incorrect? It deals largely with Governments, Central and State Banks Its role is to ensure monetary stability, including One of its missions is to protect to interest of policy holders The RBI is the sole authority for the issue of currency in India 10 / 30 Q.21 The subsidiary of SIDBI that enables faster realization of receivables by MSMEs SMERA RXIL MUDRA SVCL 11 / 30 Q.20 Who is the custodian of the nation?s foreign exchange reserves? Central Government of India President of India Reserve Bank of India State Bank of India 12 / 30 Q.19 Which of the following is not a function of SIDBI? Leasing and Factoring Services to MSMEs. Assistance to the Service Sector including Transport, Health Care, Tourism, etc. Re-Financing of Loans and Advances given by the Primary Lending Institutions. Financing the Joint Ventures abroad. 13 / 30 Q.18 SEBI, RBI and IRDA are: Regulatory Institutions Policy Institutions Satellite Institutions Goal setting bodies 14 / 30 Q.17 SIDBI caters to the needs of - Micro Industries Small Enterprises Medium Enterprises All the above 15 / 30 Q.16 An example of Point of Contact (POC) Business Facilitators Transport Agency Business Incubator Bank Insurance Company 16 / 30 Q.15 Which Section of IRDAI Act, 1999 lays down the duties, powers and functions of IRDAI? Section 10 Section 12 Section 14 Section 5 17 / 30 Q.14 A category of Facilitators, who operate to ease the doing of business - Business Facilitators Trade Facilitators Industry Facilitators All the above 18 / 30 Q.13 Which of the following statements is not true about FPI Speculative in nature Increase in Output, Employment, Wage Levels, etc. of the Country in which Investment takes place No interest in Management or Control Constitutes Investment in Nominal Capital 19 / 30 Q.12 When was IRDAI constituted? 1997 1998 1999 2000 20 / 30 Q.11 _________ is a process in which the Resident of one Country acquires ownership of Financial Assets / Securities in another Country. Foreign Direct Investment Foreign Industrial Investment Foreign Portfolio Investment None of the above 21 / 30 Q.10 Which one of the following is not the role of the Competition Commission of India? To promote practices having adverse effect on competition To promote and sustain competition in markets. To product the interests of consumers To ensure freedom of trade carried on by other participants in markets in India. 22 / 30 Q.9 A Watch Company of Malaysia investing in a textile company in India is an example of - Horizontal FDI Vertical FDI Conglomerate FDI None of the above 23 / 30 Q.8 The Reserve Bank of India being the Central Bank of India performs all the central banking functions. Which one of the following is not the functions of RBI? Issue of currency Banker to the government Watchdog of the unethical competition in the market Custodian of the nation?s foreign exchange reserves 24 / 30 Q.7 The RBI has been vested with extensive power to control and supervise commercial banking system under which Act? The Reserve Bank of India Act, 1933 The Reserve Bank of India Act, 1934 The Reserve Bank of India Act, 1935 The Reserve Bank of India Act, 1936 25 / 30 Q.6 Who of the following is not primarily a profit seeking institution? NABARD EXIM Bank SIDBI RBI 26 / 30 Q.5 NABARD is the most important institution in the Country Which looks after the development of the Cottage industry, Small industry Village industry All of the above 27 / 30 Q.4 The EXIM bank does not perform one of the following functions: It finances exports and imports of goods and services of India It finances exports and imports of goods and services of third world countries. It finances exports and imports of machinery on lease basis. It finances ventures in global market to acquire Indian firms 28 / 30 Q.3 NABARD serves as an apex financing agency for the institutions providing investment and production credit for promoting the various developmental activities in ______ Rural areas Urban areas Sub-urban areas All of the above 29 / 30 Q.2 The Industrial Finance Corporation of India(IFCI) was established in which year? 1945 1946 1947 1948 30 / 30 Q.1 __________ protects businesses from other businesses’ unfair practices and penalises the erring entities. CCI SEBI Central Government RBI Your score is LinkedIn Facebook Twitter VKontakte