Consider the following financial institutions of India: 1. Industrial Finance Corporation of India (IFCI)

(a) Statement '1' is correct, because National Thermal Power Corporation has diversified into the hydro projects. Presently it has undertaken Koldem project in Himachal Pradesh.

(a) Damodar Valley Corporation's is first multipurpose river valley project of independent India was in the year 1954. The joint venture projects are Maithon Power Limited, Panchat and Tilayiya are...

(a) Statement 1 is correct as under Article 360, any Proclamation of Financial Emergency issued shall cease to operate at the expiration of two months, unless before the expiration of...

(b) Indirect taxes are the charges that are levied on goods and services. Some of the significant indirect taxes include Value Added Tax, Central Sales Tax, Central Excise Duty, Customs...

(a) 1. Placing Annual Financial Statement before the Parliament  2. Withdrawal of moneys from Consolidated Fund of India only after passing the Appropriation Bill  3. Provisions of supplementary grants and voteon- account  5....

(b) A large scale industry will employ more capital, have a large turn power and will use more of power. It will use less labour as it is capital intensive....

(*) Best answer should be (1243). IFCI – July 1948; ICICI – 1955; IDBI – UTI – 1963 July 1964; the correct sequence is not given in the answer.

(c) The National Housing Bank (NHB) is a state owned bank and regulation authority in India, created on July 8, 1988 under section 6 of the National Housing Bank Act...

(c) Oriental Life Insurance company (1818) is the oldest.

Prashant and other volunteers resist the plan to set up institutions for orphans and widows because they believed that in such institutions children will grow up without love and affection...