All Exams Test series for 1 year @ ₹349 only
Question

Which one of the following development financial institutions in India has started the special refinance scheme for the resettlement and rehabilitation of voluntary retired workers of the National Textile Corporation of India ?

The correct answer is
IDBI

Development Financial Institution Scheme for NTC Workers

The question asks to identify the specific development financial institution in India that launched a special refinance scheme. This scheme was designed for the resettlement and rehabilitation of workers who had opted for voluntary retirement from the National Textile Corporation (NTC).

IDBI (Industrial Development Bank of India) is the institution that started this particular refinance scheme.

The objective of the scheme was to provide financial support and facilitate the resettlement and rehabilitation process for the voluntary retired workers of NTC.

Was this answer helpful?

Important Questions from Financial Institutions

  1. _______ was the first Development Financial Institution of India set up to propel economic growth through development of infrastructure and industry in _______.

  2. Which are correct regulatory provisions for foreign bank operations in India?

    A. They are incorporated in India and have their head office in foreign country

    B. Foreign banks since 2002 have been allowed to set up their subsidiaries in India

    C. The foreign banks are allowed to operate in India even it they are not financially sound

    D. They have to operate according to the banking regulations in India

    E. RBI approved that foreign banks which are present in India could open their branches

    Choose the correct answer from the options given below:

  3. As of july 2021 who is the Chief Economist of the International Monetary Fund?

  4. Which amongst the following pairs is not correctly matched ?

    (Concept)

    (Organization)

    (1) Gender Development Index

    UNDP

    (2) Ease of Doing Business

    World Bank

    (3) Inclusion Index

    World Economic Forum

    (4) World Hunger Index

    United Nations

  5. Which one of the following is not the function of NABARD ?

Need Expert Advice?

Start Your Preparation with Prepp Mobile App

Download the app from Google Play & App Store
Download the app from Google Play & App Store
Prepp Mobile App