What is the meaning of crore ?

1 Answer

Answer :

crore means coal.

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Description : What is the meaning of the word crore ?

Last Answer : The word crore means coal.

Description : Fill in the blanks: (a) 1 lakh = ………….. ten thousand. (b) 1 million = …………… hundred thousand. (c) 1 crore = ………………. ten lakh. (d) 1 crore = ……………. million. (e) 1 million = ……………. lakh. -Maths

Last Answer : a) 10 (b) 10 (c) 10 (d) 10 (e) 10

Description : The following gives the GDP I rupees (Crore) by the three sectors: -SST 10th

Last Answer : In the year 1950 Total GDP (In 1950) = 80,000 +19,000 + 39,000 = 1, 38,000 crore In the year 2011 Total GDP (In 2011) = 8, 18,000 + 12, 49,000 + 28, 18,000 = 4,885,000 ... the GDP of all the three sectors is changing and specially the much more change have been seen in the GDP of tertiary sector.

Description : What is Crore ?

Last Answer : Crore means crores.

Description : What is one crore in USD?

Last Answer : Feel Free to Answer

Description : Appointment of full time Company Secretary is compulsory in all those companies, whose paidup share capital is– (A) Rs. 50 lakhs or more (B) Rs. 1 crore or more (C) Rs. 2 crores or more (D) Rs. 3 crores of more

Last Answer : Answer: Rs. 2 crores or more

Description : What is the amount allocated for constructing the 18th railway zone of Andhra Pradesh? A. 205 crore B. 200 crore C. 195 crore D. 190 crore

Last Answer : A [205 crore] Explanation: New railway zone named as southern coast railway has been announced for Andhra Pradesh which would be headquartered in Thiruvananthapuram. It will be the 18th zone comprising Guntakal, Guntur and Vijayawada divisions and is to be built at the cost of 205 crores.

Description : The upper limit of investment in plant and machinery for small-scale industries has been fixed currently at - (1) Rs. 35 lakhs (2) Rs. 45 lakhs (3) Rs. 60 lakhs (4) Rs. 1 crore

Last Answer : (4) Rs. 1 crore Explanation: The upper limit of investment in plant and machinery for small-scale industries has been fixed at Rs. one crore.

Description : Payments bank of the postal department will have how much corpus at the beginning? A) Rs 900 crore B) Rs 600 crore C) Rs 1000 crore D) Rs 800 crore E) Rs 700 crore

Last Answer : D) Rs 800 crore Explanation: The payments bank of eth department will be functional by March 2017. It is one of the 11 applicants which got in principle approval to set up payments bank in the country.

Description : HDFC Ergo general insurance company has agreed to buy which of the following company‟s general insurance business for Rs 551 crore? A) L&T B) Tata C) ICICI Lombard D) Bajaj Allianz E) IFFCO-Tokio

Last Answer : A) L&T Explanation: HDFC has agreed to pay around 1.1 times the gross premium of L&T General Insurance Company This will help HDFC Ergo improve its ranking in the sector from fourth largest to third largest in the private sector insurance segment.

Description : Jayant Sinha, minister of state for finance reported how many willful defaulters owing Rs 66,190 crore to state-owned banks as of December 2015? A) 6719 B) 7128 C) 5275 D) 7686 E) None of these

Last Answer : D) 7686 Explanation: Sinha also said that the total outstanding amount in top 100 non-performing accounts (NPAs) with public sector banks (PSBs) was Rs 1.73 lakh crore as of December 2015. Willful ... December 2015 while the amount involved more than doubled to Rs 66,190 crore from Rs 27,749 crore.

Description : Which of the following international organization is going to invest Rs 60 crore in Aadhar Housing Finance? A) International Monetary Fund B) International Finance Corporation C) Asian Development Bank D) World Bank E) European Investment Bank

Last Answer : B) International Finance Corporation Explanation: The World Bank s private sector funding arm International Finance Corporation (IFC) and Wadhawan Global Capital Pvt Ltd are going to raise their ... between them to help the housing loan provider to lower income families double its business.

Description : How much amount is going to be disbursed by banks under Pradhan Mantri Mudra Yojana in FY‟17? A) Rs 2.80 lakh crore B) Rs 1.50 lakh crore C) Rs 1.80 lakh crore D) Rs 1.30 lakh crore E) Rs 1.20 lakh crore

Last Answer : C) Rs 1.80 lakh crore Explanation: Having met the target last year, banks are expected to disburse Rs 1.80 lakh crore loans under the Pradhan Mantri Mudra Yojana (PMMY) in the current fiscal, ... Sinha said today. Last year, 3.5 crore beneficiaries availed Rs 1.22 lakh crore loans under PMMY.

Description : Reserve Bank announced the cap under Market Stabilisation Scheme (MSS) which has been fixed at Rs 30,000 crore for the current fiscal. MSS was launched in the year A) 2001 B) 2006 C) 2005 D) 2004 E) None of these

Last Answer : D) 2004 Explanation: The scheme was launched in 2004.Under this scheme securities are issued with the objective of providing the RBI with a stock of securities with which it can intervene in the market for managing liquidity. These securities are issued not to meet the government‘s expenditure.

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

Last Answer : A. 100 crore Explanation: NABARD was set up with an initial capital of 100 crore. Currently the share capital between Government of India and RBI, the paid up capital stood at 5000 crore with Government of India holding 4,980 crore (99.60%) and Reserve Bank of India 20.00 crore (0.40%).

Description : Authorised capital of National Payments Corporation of India (NPCI) is _________ and paid up capital is _______ A. Rs 300 crore and Rs 100 crore B. Rs 350 crore and Rs 50 crore C. Rs 200 crore and Rs 100 crore D. Rs 100 crore and Rs 50 crore

Last Answer : A. Rs 300 crore and Rs 100 crore Explanation: National Payments Corporation of India (NPCI) was incorporated in December 2008 and the Certificate of Commencement of Business was issued in ... dimension and operate on high volume resulting payment services at fraction of the present cost structure.

Description : Micro Units Development Refinance Agency (MUDRA) has a corpus of _______, and credit guarantee corpus of ________ A. Rs 25,000 crore and Rs.3,000 crore B. Rs 20,000 crore and Rs.4,000 crore C. Rs 15,000 crore and Rs.4,000 crore D. Rs 20,000 crore and Rs.3,000 crore

Last Answer : D. Rs 20,000 crore and Rs.3,000 crore Explanation: The bank will have an initial corpus of Rs 20,000 crore and a credit guarantee fund of and Rs.3,000 crore. The bank will initially ... as a non-banking financial company and a subsidiary of the Small Industries Development Bank of India (SIDBI).

Description : The initial minimum paid-up voting equity capital for a bank shall be 500 crore rupees. Thereafter, the bank shall have a minimum net worth of 500 crore rupees at all times.

Last Answer : Resident individuals and professionals having 10 years of experience in banking and finance at a senior level are also eligible to promote universal banks.

Description : What is the initial minimum paid-up equity capital required for new on-tap license to set up private bank as announced by RBI? A) Rs 5 crore B) Rs 100 crore C) Rs 500 crore D) Rs 50 crore E) Rs 200 crore

Last Answer : C) Rs 500 crore Explanation: The Reserve Bank of India released norms for on-tap permits for private sector banks and said the validity of the in-principle approval issued by the RBI will be 18 months from the date of granting in-principle approval.

Description : RBI has imposed a fine of Rs 1 crore on which of the following banks for flouting bill discounting norms? A) Syndicate Bank B) United Bank of India C) Indian Overseas Bank D) UCO Bank E) Vijaya Bank

Last Answer : D) UCO Bank Explanation: Reserve Bank of India has told state-run Uco Bank to pay Rs 1 crore penalty for flouting bill discounting norms which allowed current account holders siphon out funds.

Description : RBI has imposed how much fine on 13 banks for violation of FEMA and lapses in know your client (KYC) rules? A) Rs 24 crore B) Rs 25 crore C) Rs 27 crore D) Rs 28 crore E) Rs 29 crore

Last Answer : C) Rs 27 crore Explanation: The Reserve Bank of India has come down hard on 13 banks and fined them for Rs 27 crore for violation of FEMA and lapses in know your client (KYC) rules.

Description : The Reserve Bank of India imposed how much penalty on Bank of Baroda in the alleged Rs 6000 crore forex related irregularities that came to light in October last year? A) Rs 5 crore B) Rs 7 crore C) Rs 5.5 crore D) Rs 6.2 crore E) Rs 6 crore

Last Answer : A) Rs 5 crore Explanation: The RBI carried out an inspection after Rs 6,100 crore import remittances were effected by Bank of Baroda‘s Ashok Vihar branch in New Delhi.

Description : RBI has eased norms in cheque dishonour cases of Rs ______ and above. A) 50 lakh B) 1 crore C) 1 lakh D) 10 crore E) 5 crore

Last Answer : B) 1 crore Explanation: Relaxing chequebook norms, the Reserve Bank today left it to the lender s discretion on whether to issue fresh chequebooks or not in cases of dishonour of Rs 1 crore and ... valuing Rs 1 crore and above on four occasions during a financial year for want of sufficient funds.

Description : In July, the UK government s development finance unit, CDC announced to infuse Rs 1,000 crore into its Finance unit in India to boost people s access to affordable housing. This finance unit is A) ... Finance C) IDF Financial Services Pvt Ltd D) YVU Financial Services Pvt Ltd E) None of these

Last Answer : B) India Infoline Finance Explanation: Diversified financial services company IIFL Holdings announced that UK governmentowned CDC Group will invest about Rs 1,000 crore in its unit India Infoline ... needs of under-served segments through diversified offerings, IIFL Holdings said in a release.

Description : The Reserve Bank of India will transfer how much surplus to the government for FY‟16 as dividend? A) Rs 68876 crore B) Rs 65885 crore C) Rs 75876 crore D) Rs 65876 crore E) Rs 65776 crore

Last Answer : D) Rs 65876 crore Explanation: The Reserve Bank of India will Rs 65876 crore as surplus transfer to the government for FY 16, Rs 20 crore less that previous year s Rs 65896 crore, a central ... surplus approved by the Reserve Bank of India board could be used to fund the centre s fiscal deficit .

Description : The seed capital of Bharatiya Mahila Bank is ________ A. Rs.5000 crore B. Rs.1000 crore C. Rs.500 crore D. Rs.100 crore E. None of the above

Last Answer : B. Rs.1000 crore Explanation: Bharatiya Mahila Bank (BMB) is an Indian financial services banking company based in New Delhi, India. India is the third country in the world to have a bank especially for women, after Pakistan and Tanzania.The Bank‘s initial capital consists of Rs 1,000 crores.

Description : The Minimum Net Owned Fund for NBFC-MFIs registered in the North Eastern Region of the country is _________ A. Rs.5 crore B. Rs.4 crore C. Rs.3 crore D. Rs.2 crore E. None of the Above

Last Answer : Rs.2 crore Explanation: Minimum Net Owned Fund for NBFC-MFIs registered in the North Eastern Region of the country is Rs. 2 crore.

Description : An NBFC-MFI is defined as a non-deposit taking NBFC (other than a company licensed under Section 25 of the Indian Companies Act, 1956) with Minimum Net Owned Funds of ________ A. Rs.5 crore B. Rs.4 crore C. Rs.3 crore D. Rs.2 crore E. None of the Above

Last Answer : A. Rs.5 crore Explanation: Non Banking Financial Company – Micro Finance Institutions (NBFC-MFIs) licensed under Section 25 of the Indian Companies Act, 1956) with Minimum Net Owned Funds of Rs.5 crore.

Description : According to RBI guidelines the term „bulk deposit‟ is used for single rupee term deposit of ________ A. Rs. 1 crore and above B. Rs, 25 lakh and above C. Rs, 75 lakh and above D. Rs, 50 lakh and above E. Rs, 15 lakh and above

Last Answer : A. Rs. 1 crore and above Explanation: Bulk Deposit means single Rupee term deposits of 1 Crore and above.

Description : Bandhan Bank starts with a capital base of ______ crore A. 2500 Crore B. 1070 Crore C. 2570 Crore D. 2470 Crore E. None of the Above

Last Answer : C. 2570 Crore Explanation: Bandhan Bank starts with a capital base of Rs. 2,570 crore and this will be raised to Rs. 3,052 crore.

Description : As per the licensing norms of RBI, a new bank must have a _______ capital A. 200 Crore B. 100 Crore C. 1000 Crore D. 500 Crore E. None of the Above

Last Answer : D. 500 Crore Explanation: The RBI licensing norms stipulate that a new bank must have Rs.500 crore capital.

Description : Minimum paid-up capital of small finance banks is _______ A. 100 crore B. 200 Crore C. 500 crore D. 1000 crore E. None of the Above

Last Answer : A. 100 crore Explanation: Minimum paid-up capital of small finance banks is Rs.100 crore.

Description : NBFCs whose asset size is of _____ or more as per last audited balance sheet are considered as systemically important NBFCs. A. Rs.100 Crore B. Rs.200 Crore C. Rs.500 Crore D. All of the Above E. None of the Above

Last Answer : C. Rs.500 Crore Explanation: NBFCs whose asset size is of Rs.500 Crore or more as per last audited balance sheet are considered as systemically important NBFCs.

Description : Infrastructure Finance Company (IFC) is a non-banking finance company has a minimum Net Owned Funds of _______ A. Rs.100 Crore B. Rs.200 Crore C. Rs.500 Crore D. Rs.300 Crore E. None of the Above

Last Answer : D. Rs.300 Crore Explanation: Infrastructure Finance Company (IFC) is a non-banking finance company has a minimum Net Owned Funds of Rs.300 Crore.

Description : Fee for filing complaints before National commission above 1 crore is a) 5000 rupees b) 2500 rupees c) 4000 rupees d) 2000 rupees

Last Answer : a) 5000 rupees

Description : Fee for filing complaints before state commission above 50 lac and up to 1 crore is a) 5000 rupees b) 2500 rupees c) 4000 rupees d) 2000 rupees

Last Answer : c) 4000 rupees

Description : Jurisdiction of National commission is a) Complaint where the value of the goods or services and compensation, if any claimed does not exceeds Rs 5 crore b) Complaint where the value of the goods or ... the goods or services and compensation, if any claimed exceeds Rs 1 crore e) C& D only

Last Answer : e) C& D only

Description : What was the fund allocation for the implementation of the ‘Protection from Domestic Violence Act’ in the Eleventh plan? a. Rs. 100 crore b. Rs. 300 crore c. Rs. 500 crore d. Rs. 1000 crore

Last Answer : c. Rs. 500 crore

Description : In February 2019, the Union Cabinet cleared Rs 10,000-crore programme under the --------- scheme. a. FAME II b. NACP c. ARAI d. VRDE

Last Answer : Ans:- a.FAME II

Description : Which confectionary giant was slapped with a notice demanding 250 crore Rupees by the Directorate General of Central Excise Intelligence on the grounds of excise duty evasion? a) Cadbury India Ltd b) Wrigley India c) Lotte India d) Perk India Ltd

Last Answer : Answer: (a) Cadbury India Ltd

Description : What is the average domestic investment in the year 2014? (You are not expected to calculate the exact value? a) Rs.2814.28 Crore b) Rs.2519.75 Crore c) Rs.2234.82 Crore d) Rs.3151.51 Crore e) Rs.3329.79 Crore

Last Answer : a) Rs.2814.28 Crore

Description : What is the difference between the total domestic investment and the total foreign investment in the year 2011? a) Rs.6400 Crore b) Rs.6200 Crore c) Rs.6600 Crore d) Rs.7000 Crore e) Rs.7100 Crore

Last Answer : c) Rs.6600 Crore

Description : The expenditure of company L in 2005 is Rs 40 crores. Find the income of company L in the same year ? 1) Rs. 50 Crore 2) Rs. 48 crore 3) Rs. 46 crore 4) Can’t be determined 5) None of these

Last Answer : 2) Rs. 48 crore

Description : If the fare of Rajdhani Exp is Rs. 350 and that of Sapt Kranti Exp is Rs. 450 for all classes of passenger then what is the total income of both the trains during 2011 to 2013? 1) Rs. 95 crore 2) Rs. 98 crore 3) Rs. 90 crore 4) Rs. 89 crore 5) Rs. 92.5 crore

Last Answer : 5) Rs. 92.5 crore

Description : If total expenditure of company B in 2009 and 2010 was Rs.270 crore, what was total income of that company in both the same years? a) Rs.121.5 cr. b) Rs.135 cr. c) Rs.140 cr. d) Data inadequate e) None of these

Last Answer : e) None of these

Description : If total income of company B in 2008 was Rs.140 crore, what was the total expenditure of that company in the same year? (approx) a) Rs.100.66 cr. b) Rs.110.33 cr. c) Rs.98.22 cr. d) Rs.94.90 cr. e) Rs.96.55 cr.

Last Answer : e) Rs.96.55 cr.

Description : Companies having net worth in excess of Rs.______ crore are covered at the first phase. a. Rs.1000 Crores b. Rs. 500 Crores c. Rs. 200 Crores d. Rs. 100 Crores

Last Answer : a. Uniformity

Description : What is the annual future earnings of the AZ Ltd. using ‘Capitalization of Earning Method’? a) Rs.150 crore b) Rs.180 crore c) Rs.200 crore d) Rs.190 crore

Last Answer : c) Rs.200 crore

Description : XYZ company has 50 lakh shares outstanding and plans to raise Rs.20 lakh by offering 10 lakh shares at Rs.2 per share. What is XYZ's post-money valuation? a) Rs.1.20 crore b) Rs.1 crore c) Rs.50 lakh d) Rs.2 crore

Last Answer : a) Rs.1.20 crore

Description : Category “B” station are those, where annual passenger earnings are (a) Rs. 6 to 10 crores (b) Rs. 3 to 6 crores* (c) Rs. 1 to 3 crores (d) Less than Rs. 1 crore

Last Answer : (b) Rs. 3 to 6 crores*