Which of the following holds majority stake in NABARD? A. RBI B. Government Of India C. IRDAI D. None of the Above

Which of the following holds majority stake in NABARD? A. RBI B. Government Of India C. IRDAI D. None of the Above
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B. Government Of India Explanation: National Bank for Agriculture and Rural Development (NABARD) is an apex development bank in India, having headquarters in Mumbai, Maharashtra. RBI sold its stake in NABARD to the Government of India, which now holds 99% stake.
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RBI sold its stake in NABARD to the Government of India, which now holds _____ stake A. 65% B. 70% C. 95% D. 99% E. None of the Above

Description : RBI sold its stake in NABARD to the Government of India, which now holds _____ stake A. 65% B. 70% C. 95% D. 99% E. None of the Above

Last Answer : D. 99% Explanation: RBI sold its stake in NABARD to the Government of India, which now holds 99% stake.

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Which of the following holds minority stake in CIBIL? A. Bank of India B. TransUnion International C. Aditya Birla Trustee Company Private Ltd D. ICICI Bank Ltd E. India Infoline Finance Limited

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Last Answer : a. NABARD

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Last Answer : Answer: A

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Which of the following is the only Central Record Keeping Agency (CRA) appointed by the Government of India? A. CIBIL B. SEBI C. NABARD D. SHCIL E. None of the Above

Description : Which of the following is the only Central Record Keeping Agency (CRA) appointed by the Government of India? A. CIBIL B. SEBI C. NABARD D. SHCIL E. None of the Above

Last Answer : D. SHCIL Explanation: SHCIL is appointed as Central Record-keeping Agency (CRA) and associated with stamp duty collection and not valuation.

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Description : Describe role of Insurance Regulatory Authority Of India (IRDAI) in motor vehicle insurance.

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State function of Insurance Regulating Authority in India (IRDAI)

Description : State function of Insurance Regulating Authority in India (IRDAI)

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Last Answer : A) 18% Explanation: The shareholding of Dai-Ichi in the Indian life insurance venture will now increase from 26% to 44% while Bank of India‘s shareholding will decrease from 30% to 48%. Union Bank will continue to hold 26%.

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Description : According to Reserve Bank of India Regulations, “Universal Banks” are permitted to pick up stake in Payment Banks up to _________ A. 35% B. 25% C. 20% D. 40% E. 30%

Last Answer : E. 30% Explanation: RBI regulations allow universal banks to invest up 30 per cent in payments banks.

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Description : Treasury bills are issued in India by ______ A. RBI B. State Government C. Government of India D. SEBI

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Description : Combined Stake of Central and State Government in GSTN is– (A) 20% (B) 25% (C) 49% (D) 51%

Last Answer : (C) 49%

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Description : What is the share of Government of India in NABARD? A. 50% B. 51% C. 75% D. 99%

Last Answer : D. 99%

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Description : Which of the following is the clearing agency for Government securities? A. RBI B. GOI C. CCIL D. SEBI E. None of the Above

Last Answer : C. CCIL Explanation: The CCIL is the clearing agency for Government securities. It acts as a Central Counter Party (CCP) for all transactions in Government securities by interposing itself between two counter parties.

Which of the following policies is known as Annual Policy Statement? A. Annual budget of central government B. Credit and Monetary Policy of RBI C. Foreign trade policy of DGFT D. Regulations issued by SEBI E. None of the Above

Description : Which of the following policies is known as Annual Policy Statement? A. Annual budget of central government B. Credit and Monetary Policy of RBI C. Foreign trade policy of DGFT D. Regulations issued by SEBI E. None of the Above

Last Answer : B. Credit and Monetary Policy of RBI Explanation: Credit and Monetary Policy of RBI is known as Annual Policy Statement.

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Description : CERSAI incorporated with majority share holding of ________ A. Government of India B. National Housing Bank C. Public Sector Banks D. Both (B) and (C) E. (A), (C) and (B)

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Description : NABARD was set up with an initial capital of __________ A. 100 crore B. 200 crore C. 300 crore D. 500 crore

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Description : Which of the following is the country‟s largest custodian and depository participant? A. CIBIL B. SEBI C. NABARD D. SHCIL E. None of the Above

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Description : EXIM Bank is authorized to raise loan from (a) RBI ; (b) Government of India ; (c) International market ; (d) Trading activities

Last Answer : (d) Trading activities 

The data collection for national income estimation is conducted in India by— (1) The Finance Ministry of the Government of India (2) The RBI (3) The NSSO (National Sample Survey Organi-sation) (4) None of these

Description : The data collection for national income estimation is conducted in India by— (1) The Finance Ministry of the Government of India (2) The RBI (3) The NSSO (National Sample Survey Organi-sation) (4) None of these

Last Answer : The NSSO (National Sample Survey Organi-sation)

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