Financial Institutions Quiz MCQ Practice
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1. NABARD, which supports agriculture and rural development finance, stands for:
- A. National Authority for Banking and Rural Deposits
- B. National Bank for Agriculture and Rural Development
- C. National Bureau of Agricultural Reforms
- D. National Board for Agricultural Regulation
Answer: National Bank for Agriculture and Rural Development
Explanation: National Bank for Agriculture and Rural Development — verified fact for Financial Institutions Quiz.
2. SEBI, the regulator of India's securities markets, stands for:
- A. State Exchange Bank of India
- B. Stock Exchange Board of Investment
- C. Savings and Equity Bureau of India
- D. Securities and Exchange Board of India
Answer: Securities and Exchange Board of India
Explanation: Securities and Exchange Board of India — verified fact for Financial Institutions Quiz.
3. LIC (Life Insurance Corporation of India) was established through nationalization in which year?
- A. 1947
- B. 1969
- C. 1956
- D. 1991
Answer: 1956
Explanation: 1956 — verified fact for Financial Institutions Quiz.
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