McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Commerce (B Com) .
Chapters
| 1. |
In which year the Regional Rural Banks Act was passed? |
| A. | 1986 |
| B. | 1976 |
| C. | 1992 |
| D. | 1988 |
| Answer» B. 1976 | |
| 2. |
What is the share of Sponsor Banks in the Regional Rural Banks? |
| A. | 75% |
| B. | 25% |
| C. | 15% |
| D. | 35% |
| Answer» D. 35% | |
| 3. |
What is the share of Sponsor Banks in the Regional Rural Banks? |
| A. | Gaur Gramin Bank |
| B. | Prathama Bank |
| C. | Arunachal Pradesh Rural Bank |
| D. | Himachal Gramin Bank |
| Answer» B. Prathama Bank | |
| 4. |
RRBs were set up on |
| A. | 1975 |
| B. | 1985 |
| C. | 1991 |
| D. | 2001 |
| Answer» A. 1975 | |
| 5. |
The total authorized capital of RRBs was originally fixed at Rs 1 crore which has since has been raised to………….. |
| A. | Rs 2 crore |
| B. | Rs 3 crore |
| C. | Rs 5 crore |
| D. | Rs 7 crore |
| Answer» C. Rs 5 crore | |
| 6. |
The main resources of RRBs are |
| A. | Share capital |
| B. | deposits from the public |
| C. | borrowing from Sponsor Banks |
| D. | All of the above |
| Answer» D. All of the above | |
| 7. |
RRBs are owned by |
| A. | Central Govt. |
| B. | State Govt. |
| C. | Sponsor Bank |
| D. | Jointly by all of the above |
| Answer» D. Jointly by all of the above | |
| 8. |
The number of directors on the boards of RRBs has been raised to |
| A. | 14 |
| B. | 15 |
| C. | 16 |
| D. | 17 |
| Answer» B. 15 | |
| 9. |
Regional Rural bank are empowered to transact the business of banking as defined under |
| A. | Banking Regulation Act,1949 |
| B. | Negotiable Instrument Act,1881 |
| C. | Regional Rural banks Act , 1976 |
| D. | None of these |
| Answer» A. Banking Regulation Act,1949 | |
| 10. |
RRBs are managed by |
| A. | RBI |
| B. | a board of director |
| C. | the sponsor bank |
| D. | the state Govt. |
| Answer» B. a board of director | |
| 11. |
All RRBs are required to maintain their entire SLR in |
| A. | Govt. & other approved securities |
| B. | current accounts with sponsor Banks |
| C. | time deposits with sponsor Banks |
| D. | Gold holdings only |
| Answer» A. Govt. & other approved securities | |
| 12. |
For the purpose of Income Tax Act, 1961 , the RRBs are treated as |
| A. | Scheduled commercial banks |
| B. | Non-scheduled banks |
| C. | Nationalized banks |
| D. | Co-operative banks |
| Answer» D. Co-operative banks | |
| 13. |
NABARD stands for: |
| A. | National Bank for Agriculture and Research Development |
| B. | National Bank for Analysis of Rural Development |
| C. | National Bank for Agriculture and Rural Development |
| D. | None of The Above |
| Answer» C. National Bank for Agriculture and Rural Development | |
| 14. |
'NABARD' came into existence on: |
| A. | 8th July, 1982 |
| B. | 19th July, 1982 |
| C. | 12th July, 1982 |
| D. | None of The Above |
| Answer» C. 12th July, 1982 | |
| 15. |
'NABARD' was dedicated to which among the following Prime Ministers: |
| A. | Gulzari Lal Nanda |
| B. | Indira Gandhi |
| C. | Shri Lal Bahadur Shastri |
| D. | None of The Above |
| Answer» B. Indira Gandhi | |
| 16. |
NABARD was set up with an initial capital of ______: |
| A. | Rs. 50 Crore |
| B. | Rs. 100 Crore |
| C. | Rs. 200 Crore |
| D. | None of The Above |
| Answer» B. Rs. 100 Crore | |
| 17. |
Headquarter of 'NABARD' is located at: |
| A. | Mangalore, Karnataka |
| B. | Mumbai, Maharashtra |
| C. | New Delhi |
| D. | None of The Above |
| Answer» B. Mumbai, Maharashtra | |
| 18. |
NABARD was established on the recommendations of : |
| A. | Shivaraman Committee |
| B. | Malhotra Committee |
| C. | Kumarmangalam Committee |
| D. | None of The Above |
| Answer» A. Shivaraman Committee | |
| 19. |
________ is the apex institution in the country which looks after the development of the cottage industry, small industries, village industries and other rural industries: |
| A. | NABARD |
| B. | SEBI |
| C. | SIDBI |
| D. | None of The Above |
| Answer» A. NABARD | |
| 20. |
NABARD was set up essentially as a development bank for promoting: |
| A. | Agriculture Development only |
| B. | Rural Development only |
| C. | Both of The Above |
| D. | None of The Above |
| Answer» C. Both of The Above | |
| 21. |
The main function of NABARD is to provide refinance for rural credit disburse by the_______and other financial institutions as may be approved by the Reserve Bank of India: |
| A. | State Co-operative Banks |
| B. | The Regional Rural Banks |
| C. | State Co-operative Banks and The Regional Rural Banks |
| D. | None of The Above |
| Answer» C. State Co-operative Banks and The Regional Rural Banks | |
| 22. |
Which among the following functions of NABARD is incorrect: |
| A. | Providing finance and also refinance for production and marketing in the rural areas |
| B. | Coordination and advising the operations of institutions engaged in rural credit |
| C. | Promoting research in agriculture and rural development |
| D. | None of The Above |
| Answer» D. None of The Above | |
| 23. |
CSR stands for: |
| A. | Customer Satisfaction Responsibility |
| B. | Corporate Social Responsibility |
| C. | Corporate Social Reforms |
| D. | None of The Above |
| Answer» B. Corporate Social Responsibility | |
| 24. |
Which among the following is considered as 100% CSR company: |
| A. | SDB (Small Development Banks) |
| B. | NABARD |
| C. | RRBs (Regional Rural Banks) |
| D. | None of The Above |
| Answer» B. NABARD | |
| 25. |
ARDC stands for: |
| A. | Agriculture Refinance and Development Corporation |
| B. | Agriculture Research and Development Commission |
| C. | Agriculture Research and Development Corporation |
| D. | None of The Above |
| Answer» A. Agriculture Refinance and Development Corporation | |
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