ele ted s 23.23
18. Consider the following statement regarding (d) All the Foreign Institutional Investors
the India Inclusive Innovation Fund. (FIIs) with a minimum of Rs. 1,000
1. The idea is to build innovative crore paid-up capital base with at least
enterprise from the bottom of the 80 per cent of it invested in the core
pyramid (BOP). industries for long-term purposes.
2. The fund will provide risk capital to 20. An upsurge has been seen in the NPAs of
create solutions aimed at enhancing the public sector banks, recently.
the quality of life at the BOP. 1. Lower economic growth in the country
3. Will address the social impact
2. Aggressive lending by banks in the
objectives by kick-starting an
past, especially during good times
ecosystem of capacity-building around
BOP-focused entrepreneurship. 3. Lack of right loan-recovery legal
4. Will address economic return provisions
objectives by providing the capacities 4. Banks shwitching over to a system-
needed to deliver. based identification of NPAs
5. The fund will get mobilised from the Select the correct factors responsible for it
government, public sector enterprises, using the code given below:
corporate sector, venture funds, angel
(a) 1, 2 and 3
investment and investment firms.
(b) 2, 3 and 4
Select the correct statements using the code (c) 1, 2 and 4
given below:
(d) 1, 3 and 4
(a) 1, 2, 4 and 5
(b) 2, 3, 4 and 5 21. Which of the following are incorrect when
(c) 1, 3, 4 and 5 the government starts repuchasing its bonds
before their maturity periods?
(d) 1, 2, 3, 4 and 5
1. Promotion of an ‘expansionist’
19. As per the circular of the RBI what is correct monetary policy
about the Core Investment Companies
2. An attempt to increase the saving rate
(CICs)?
of the economy
(a) All those companies with a paid-up
capital of over Rs. 1,000 crore, which 3. A tool to check the rising inflation
invest primarily in the core industries. 4. Promotion to credit creation by the
(b) All those NBFCs which invest not less banks
than 90 per cent of their total assets Select the answer using the code given
in the form of shares and securities for below:
non-trading purposes.
(a) 1, 2 and 3
(c) All the corporate houses with net-
(b) 1, 3 and 4
owned fund not less than Rs. 1,000
crore invested in the core sector for at (c) 2, 3 and 4
least 10 years. (d) 1, 2, 3 and 4