Banking General Awareness Financial Institutions in India Question Bank

done Previous Years Questions - Financial Inclusion Total Questions - 4

• question_answer1)
  The seed capital of Bhartiya Mahila Bank is (IBPS 2013)
  A)
   Rs. 2000 crore               done clear
  B)
   Rs. 1000 crore done clear
  C)
   Rs. 4000 crore               done clear
  D)
   Rs. 3000 crore done clear
  E)
   None of these done clear
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• question_answer2)
  Banks' mandatory lending to farmers for agriculture, micro and small enterprises  and other weaker sections where in banks are required to lend up to 40% of the loans is generally described as        (IBPS 2013)
  A)
   Para banking done clear
  B)
   Sub-prime lending done clear
  C)
   Retail lending done clear
  D)
   Non-priority sector lending done clear
  E)
   Priority sector lending done clear
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• question_answer3)
  Which of the following statements regarding the 'Direct Benefits Transfer Scheme (DBT)' of the government of India is 'not' true?                     (IBPS 2013)
  A)
   The scheme covers LPG subsidies, pension payments and scholarships    done clear
  B)
   Indirect transfers of benefits are more prone to leakage than direct transfers done clear
  C)
   Under DBT, money is directly transferred into bank accounts of beneficiaries done clear
  D)
   The scheme was launched on January 1, 2013 to cover 20 districts initially done clear
  E)
   The scheme is likely to increase the subsidy bill of the government? done clear
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• question_answer4)
  Government planned to double the number of schemes under DBT to ________ by March 2017 for paying subsidy directly via bank accounts of beneficiaries.                               (IBPS 2016)
  A)
   147                              done clear
  B)
   157 done clear
  C)
   167                              done clear
  D)
   177 done clear
  E)
   None of these done clear
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