31. SIDBI set up on 2nd April under an Act of Indian Parliament, acts as the Principal Financial Institution for Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector as well as for coordination of functions of institutions engaged in similar activities.
|Answer : Option D|
40. The Reserve Bank of India has asked all the banks to install Note Sorting Machines in the branches. How will this help banks and the general public?
1 . The machines will check for counterfeit notes and drop these from circulation.
2 . This will help banks to count the notes quickly and accurately.
3 . This will help in sorting out soiled notes so that they are not reissued by the banks.
|Answer : Option A|