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Questions and Answers
What is the primary function of the Export Credit Guarantee Corporation of India (ECGC)?
What is the primary function of the Export Credit Guarantee Corporation of India (ECGC)?
- To provide credit to exporters
- To facilitate foreign exchange transactions
- To guarantee credit to exporters (correct)
- To regulate international trade policies
What is the main objective of SIDBI's schemes for promotion of small business?
What is the main objective of SIDBI's schemes for promotion of small business?
- To promote entrepreneurship in rural areas
- To provide financial assistance to large businesses
- To regulate the activities of small businesses
- To provide financial assistance to small and medium enterprises (correct)
What is the primary function of the Reserve Bank of India (RBI)?
What is the primary function of the Reserve Bank of India (RBI)?
- To regulate the stock market
- To provide loans to individuals
- To act as the central bank and monetary authority (correct)
- To facilitate foreign exchange transactions
What is the main role of NABARD in the Indian regulatory environment?
What is the main role of NABARD in the Indian regulatory environment?
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What is the primary function of the Insurance Regulatory and Development Authority (IRDA)?
What is the primary function of the Insurance Regulatory and Development Authority (IRDA)?
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