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Question

Match the items in List - I with the items in List - II :

List - IList - II
(a) ATM card(i) NPA
(b) Debts due for more than 30 days(ii) John Shephard Barron
(c) Micro finance(iii) State Finance Corporations Act
(d) State level finance corporations(iv) NABARD

Codes :

(a) (b) (c) (d)

This question was previously asked in
UGC NET 2015 Paper 1 Question Paper (27-Dec-2015)
The correct answer is

(ii) (i) (iv) (iii)

(a) The automated teller machine and the cash card used with it were invented by John Shepherd-Barron (first machine installed in London in 1967), so (a) matches (ii).

(b) Debts that remain overdue beyond the prescribed period are classified by banks as Non-Performing Assets, so the overdue debts in (b) match (i) NPA.

(c) NABARD promotes micro finance in India through the SHG–Bank Linkage Programme and refinance to banks for micro credit, so (c) matches (iv).

(d) State Financial Corporations are set up by State Governments under the State Financial Corporations Act, 1951, so (d) matches (iii).

The matching is (a)-(ii), (b)-(i), (c)-(iv), (d)-(iii).

Hence, the answer is (ii) (i) (iv) (iii).

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    List - IList - II
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