A. |
to assist in the formation, expansion and modernisation of industrial units in the private sector.
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B. |
to stimulate and promote the participation of private capital (both Indian and foreign) in such industrial units
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C. | Both (a) and (b) |
D. | None of these |
Option: C Explanation : Click on Discuss to view users comments. |
The functions of SFCs include
A. |
Grant of loans and advances to or subscribe to debentures of industrial concerns repayable within a period not exceeding 20 years, with option of conversion into shares or stock of industrial concern.
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B. |
Guaranteeing loans raised by industrial concerns which are repayable within a period not exceeding 20 years.
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C. | Both (a) and (b) |
D. | None of these |
Option: C Explanation : Click on Discuss to view users comments. |
The main objective of IDBI is to
A. |
Co-ordination, regulation and supervision of the working of other financial institutions such as IFCI, ICICI, UTI, LIC, Commercial Banks and SFCs.
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B. |
Supplementing the sources of other financial institution and thereby widening the scope of their assistance.
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C. |
Planning, promotion and development of key industries and diversifications of industrial growth.
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D. | All of the above |
Option: D Explanation : Click on Discuss to view users comments. |
The main functions of UTI are
A. |
To mobilise the savings of the community through sale of units.
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B. |
To invest the savings so mobilised in corporate securities such as shares and debentures etc.
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C. |
To serve unit holders along the length and breadth of the country.
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D. | All of the above |
Option: D Explanation : Click on Discuss to view users comments. |
The main functions of IFCI are -
(i) Granting loans and advances for the establishment, expansion diversification and modernisation of industries in
A. | (i) and (ii) |
B. | (iii), (iv), and (ii) |
C. | (i), (ii), and (iii) |
D. | (i), (ii), (iii) and (iv) |
Option: D Explanation : Click on Discuss to view users comments. |