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.
Important Questions from Financial Institutions
The organisation incorporated for retail payment and settlement systems in India is
Indian national strategy for financial inclusion, 2019-24 aims at:
A. Broadening and deepening of financial inclusion
B. Digitisation and seamless facilitation of financial transactions
C. Access to formal financial services in an affordable manner.
D. Women empowerment and strengthening self help group (SHG) ecosystems.
E. Promoting financial literacy and consumer protection
Choose the most appropriate answer from the options given below:
- The Industrial Finance Corporation of India (IFCI) was established in:
_______ was the first Development Financial Institution of India set up to propel economic growth through development of infrastructure and industry in _______.
Which of the followings are the national financial institutions?
(A) Industrial Development Bank of India
(B) Industrial Finance Corporation of India
(C) The State Industrial Development Corporation
(D) United Nations Development Programme
(E) State Financial Corporations.
Choose the correct answer from the options given below:
