Deck 4: Financial Institutions and Assistance Programs for Industries

Question 1

Assistance from IFCI is available for____________.

A)Setting up of new industrial projects
B)Expansion of existing units.
C)Renovation and modernization.
D)All of the above.

Answer 1

All of the above.

Question 2

SIDBI was set up in the year____________.

A)1987.
B)1988.
C)1989.
D)1990.

Answer 2

1989.

Question 3

Which of the following is a function of SIDBI?

A)Extension of seed capital.
B)Discounting of bills.
C)Providing factoring services.
D)All of the above.

Answer 3

All of the above.

Question 4

SFC was set up under __________.

A)State financial corporation Act 1951.
B)State financial corporation Act 1952.
C)State financial corporation Act 1953.
D)State financial corporation Act 1954.

Question 5

Financial resources of SFCs consist of _____________.

A)Paid up capital.
B)Reserve funds.
C)Borrowings from RBI.
D)aAl the above.

Question 6

SFCs assistance to technically qualified people without enough funds is known as _______________.

A)Seed capital scheme.
B)Capital assistance scheme.
C)Technical entrepreneurs scheme.
D)Investment scheme.

Question 7

SFC is prohibited from granting financial assistance to any company whose aggregate paid up capital exceed_____________.

A)1 crore.
B)1.5 crores.
C)2 crores.
D)2.5 crores.

Question 8

The loans given by SFCs are usually for a period upto ____________.

A)8 or 10 years.
B)10 or 12 years.
C)12 or 14 years.
D)14 or 16 years.

Question 9

A concessional rate of interest is charged by SFC in case of_____________.

A)small scale industries.
B)units in backward areas.
C)units set up by technical entrepreneurs.
D)All the above.

Question 10

SIDC was set up under the_____________.

A)Co-operative societies Act.
B)Companies Act.
C)Industries Act.
D)Partnership Act.

Question 11

The financial resources of SIDC consist of ___________.

A)paid-up capital.
B)loans from State govt.
C)refinance from RBI.
D)all of the above.

Question 12

SIPCOT stands for _______________.

A)Small Industries Promotion Corporation of Tamil Nadu Limited.
B)Small Institutes Promotion Corporation of Tamil Nadu Limited
C)State Industries Promotion Corporation of Tamil Nadu Limited.
D)Small Institutes Promotion Corporation of Tamil Nadu Limited.

Question 13

SIPCOT is a ____________.

A)Public limited company.
B)Private limited company.
C)Co-operative society.
D)Partnership firm.

Question 14

Expand NSTC ____________.

A)National small Industries Corporation.
B)National stock industries corporation.
C)National stock incorporation.
D)National small industries committee.

Question 15

_________has been recognized as the nodal agency to support the small scale industry export promotion.

A)SIDO.
B)TDC
C)NSIC
D)IFSC

Question 16

The term ____________denotes bonus or financial aid which is given by a government to an industry to help it compete with another unit in a nation or in a foreign market.

A)Incentive.
B)Subsidy.
C)Concession.
D)Bounty.

Question 17

It becomes necessary to do ____________after a project idea has withstood the tests of feasibility analysis and network analysis.

A)Input analysis.
B)Financial analysis.
C)Project design.
D)Costs benefit analysis.

Question 18

________________ is designed to overcome this fundamental weakness in the relationship between lending agency and the project sponsoring body.

A)Proposal.
B)Project idea.
C)Project formulation.
D)Project appraisal.

Question 19

TIIC stands for _____________.

A)Tamil Nadu Industrial Investment Corporation Limited
B)Tamil Nadu Institutional Investment Corporation Limited
C)Tamil Nadu Industrial Investment Committee Limited.
D)Tamil Nadu Institutional Investment Committee Limited.

Question 20

TIIC is sponsored by the ____________.

A)Government of Karnataka.
B)Government of Andhra Pradesh.
C)Government of Kerala.
D)Government of Tamil Nadu.

Question 21

__________ is the first state level financial institution in the country.

A)TIIC.
B)SFC.
C)SIDBI.
D)SIDC.