Which one of the following Indian banks is not a nationalized bank?

Which of the following statements about M1xchange’s role in Micro, Small & Medium Enterprises (MSMEs) financing is/are correct ? 1. M1xchange provides collateral based loans to MSMEs. 2. M1xchange facilitates discounting of invoices and Bills of Exchange for MSMEs. 3. M1xchange functions as a credit rating agency for MSMEs. Select the answer using the code given below :

1. (a)1, 2 and 3
2. (b)2 only
3. (c)2 and 3 only
4. (d)1 only

Which of the following statements about insurance in aviation sector is/are correct ? 1. ‘Aviation Hull Insurance’ covers the physical aircraft, including the body, engine, and on-board equipment. 2. Under the Montreal Convention, adopted in 1999 by over 130 countries, including India, airlines are strictly liable to pay compensation to the family/nominee of every deceased passenger without requiring the family to prove fault. Select the answer using the code given below :

1. (a)1 only
2. (b)2 only
3. (c)Both 1 and 2
4. (d)Neither 1 nor 2

With reference to different Committees in India, consider the following details : Sl. No. | Committee | Objective | Organization under which it was formed 1. | R.N. Malhotra Committee | Comprehensive reforms of Insurance sector in India | Insurance Regulatory and Development Authority of India 2. | L.C. Gupta Committee | Preparing a roadmap for the introduction of derivatives trading in India | Securities and Exchange Board of India 3. | Urjit R. Patel Committee | Preparing a roadmap for reforming bank lending to the Housing sector | Reserve Bank of India 4. | Y.H. Malegam Committee | Preparing a roadmap for reforms in Microfinance sector in India | Reserve Bank of India In which of the above rows are all the details correctly matched ?

1. (a)2 only
2. (b)2 and 3
3. (c)1, 3 and 4
4. (d)2 and 4

Consider the following statements about the Non-Banking Financial Companies (NBFCs) in India : 1. NBFCs cannot accept demand deposits. 2. All the NBFCs operating in India have to be registered with the RBI. 3. NBFCs form part of the payment and settlement system and can issue cheque drawn on itself. 4. Deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation (DICGC) is not available to the depositors of deposit taking NBFCs. Which of the statements given above is/are correct ?

1. (a)1 and 4
2. (b)1, 2 and 3
3. (c)4 only
4. (d)2, 3 and 4

Which of the following are the sources of income for the Reserve Bank of India? I. Buying and selling Government bonds II. Buying and selling foreign currency III. Pension fund management IV. Lending to private companies V. Printing and distributing currency notes Select the correct answer using the code given below.

1. (a)I and II only
2. (b)II, III and IV
3. (c)I, III, IV and V
4. (d)I, II and V

Consider the following statements : Statement-I : Syndicated lending spreads the risk of borrower default across multiple lenders. Statement-II : The syndicated loan can be a fixed amount/lump sum of funds, but cannot be a credit line. Which one of the following is correct in respect of the above statements ?

1. (a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
2. (b)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
3. (c)Statement-I is correct, but Statement-II is incorrect
4. (d)Statement-I is incorrect, but Statement-II is correct

No answer is recorded for this question: cancelled by UPSC — marks awarded to all candidates