General Awareness Quiz for SBI and IBPS 2015 - Set 3

July 11, 2015    

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  1. Loans given to small-scale and ancillary industries are treated as priority sector lending. Micro, Small and Medium Enterprises Development (MSMED) Act was passed in ?
    1. 2010
    2. 2006
    3. 2009
    4. 2004
    5. 2008
  2. As per MSMED Act, if an enterprise engaged in the manufacture or production, processing or preservation of goods a micro enterprise is an enterprise where investment in plant and machinery does not exceed ___________
    1. Rs. 25 lakh
    2. Rs. 12 lakh
    3. Rs. 5 lakh 
    4. Rs. 15 lakh
    5. Rs. 1 lakh
  3. On 29th April 2015, RBI set a target of ANBC (Adjusted Net Bank Credit) prescribed for Micro Enterprises, to be achieved in a phased manner i.e., 7 percent by 
    1. March 2019
    2. March 2017
    3. December 2016
    4. April 2018
    5. March 2016
  4. A target of ANBC (Adjuster Net Bank Credit) has been prescribed for Micro Enterprises, to be achieved in a phased manner i.e., 7.5 percent by _________
    1. March 2017
    2. March 2018
    3. December 2017
    4. Jan 2019
    5. None 
  5. The target of ANBC has been prescribed for Micro Enterprises, to be achieved in a phased manner i.e., 7 percent  by March 2016 and 7.5 percent by March 2017 for domestic banks. What about this target for foreign banks where they have less than 20 branches in India ?
    1. The above targets to be achieved by March 2020
    2. The above targets to be achieved by March 2018
    3. The above targets to be achieved by March 2017
    4. The above targets to be achieved by March 2019
    5. No targets assigned for these banks 
  6. A small enterprise is an enterprise where the investment in plant and machinery is more than Rs. 25 lakh but does not exceed _______ If an enterprise engaged in the manufacture or production, processing or preservation of goods. 
    1. Rs. 5 crore
    2. Rs. 3 crore 
    3. Rs. 2 crore 
    4. Rs. 15 crore 
    5. None 
  7. Medium enterprise is an enterprise where the investment in plant and machinery is more than Rs. 5 crore but does not exceed ________ if an enterprise engaged in the manufacture or production, processing or preservation of goods. 
    1. Rs. 50 crore 
    2. Rs. 5 crore 
    3. Rs. 10 crore 
    4. Rs. 100 crore 
    5. None 
  8. As per MSMED Act 2006, if an enterprise engaged in providing or rendering of services and whose investment in equipment, it is a micro enterprise is an enterprise where the investment in equipment does not exceed ______________
    1. Rs. 10 lakh
    2. Rs. 25 lakh
    3. Rs. 100 lakh
    4. Rs. 70 lakh
    5. Rs. 50 lakh
  9. Small enterprise is an enterprise where the investment in equipment (in rendering of services) is more than Rs. 10 lakh but does not exceed _________
    1. Rs. 10 crore
    2. Rs. 5 crore
    3. Rs. 1 crore 
    4. Rs. 2 crore 
    5. Rs. 20 crore 
  10. The medium enterprise is an enterprise where the investment in equipment (in rendering of services) is more than Rs. 2 crore but does not exceed _______________
    1. Rs. 10 crore 
    2. Rs. 8 crore 
    3. Rs. 50 crore 
    4. Rs. 3 crore 
    5. Rs. 5 crore 
  11. All loans to units in the KVI sector will be eligible for classification under the sub-target of 7 percent / 7.5 percent prescribed for Micro Enterprises under priority sector. KVI stands for ________________
    1. Khadi and Village Industries Sector 
    2. Khaki and Village Industries Sector
    3. Khadi and Vicinity Industries Sector 
    4. Khadi and Village Infrastructure Sector 
    5. None of these
  12. The credit outstanding under general credit cards also come under the 'other finance to MSMEs'. Here the general credit cards include ___________
    1. Artisan Credit Card 
    2. Laghu Udyami Card 
    3. Swarojgar Credit Card 
    4.  Weaver's Card 
    5. All of these 
  13. Prime Minister's Task Force on MSMEs headed by whom prescribed few targets for banks for lending to the Micro and Small Enterprise (MSE) sector ?
    1. T. K. A. Nair 
    2. Lakdawala 
    3. Sundarama Ganesan
    4. Pradhymna Kumar
    5. None 
  14. Ministry of MSME, Government of India and __________ set up the Credit Grantee Fund Trust for Micro and Small Enterprise with a view to facilitate flow of credit to the MSE sector without the need for collaterals / third party guarantees. 
    1. RBI
    2. IDBI 
    3. SIDBI
    4. NABARD 
    5. None 
  15. A viable / potentially viable unit may apply for a debt restructuring if it shows early stage of sickness. It is called ______
    1. debt restructuring of advances 
    2. debt cancellation of advances
    3. debt trapping 
    4. debt postponement 
    5. None 
  16. RBI set guidelines on OTS for MSEs for settlement of their NPAs. OTS means _________
    1. Order Time Settlement Scheme
    2. One Take Settlement Scheme 
    3. One Time Settlement Scheme
    4. One Time Score Scheme 
    5. None 
  17. RSETIs set up to provide training for MSE (Micro and Small Entrepreneurs). RSETI means ________
    1. Rural Self Empowerment Training Institutes
    2. Rural School Employment Training Institutes
    3. Rural Study Employment Training Institutes 
    4. Rural Self Employment Training Institutes 
    5. None 
  18. Banks also provide assistance to the MSE entrepreneurs through their FLC. FLC stands for ___
    1. Front Literacy Centre
    2. Financial Literacy Centre 
    3. First Literacy Centre 
    4. Fourth Literacy Centre 
    5. None 
  19. Government of India has enacted the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006. As per this act within a maximum of how many days, the buyers have to make the payments for the goods and services received by them from Micro, Small Enterprises ?
    1. 15 days
    2. 30 days 
    3. 10 months 
    4. 2 weeks
    5. 100 days 
  20.  Union Cabinet on 30th May 2015 has given its approval for MOUs between India and _______ on cooperation in the field of Micro, Small and Medium enterprises. 
    1. Sweden
    2. Norway
    3. Austria 
    4. Sri Lanka 
    5. USA

Srivalli Josyula 
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General Awareness Quiz for SBI and IBPS 2015 - Set 3 4.5 5 Yateendra sahu July 11, 2015 sponsored links Loans given to small-scale and ancillary industries are treated as priority sector lending. Micro, Small and Medium Ent...


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