1.Which among the following are oldest financial institutions in India?
(A)Private Agencies
(B)Commercial Banks
(C)Reserve Bank of India
(D)State bank of India
(E)None of the above

Ans. (B) Commercial Banks

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2.In which year SIDBI was established?
(A)1975
(B)1998
(C)1990
(D)1978
(E)1981

Ans. (C) 1990

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3.Which among the following is the first Development Financial Institution in the country to cater to the long-term finance needs of the industrial sector?
(A)IFCI
(B)IDBI
(C)ICICI
(D)SIDBI
(E)SBI

Ans. (A) IFCI , It was established in 1948, ICICI in 1956 and IDBI in 1964

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4.Which among the following is the main function of Agricultural Finance Corporation Limited ?
(A)consultancy services in the field of agriculture
(B)social service organization
(C)Agricultural commodities exchange
(D)Agricultural cooperative society
(E)none of the above

Ans. (A) consultancy services in the field of agriculture