A non-bank financial institution is a financial institution that does not have a full banking license or is not supervised by a national or international banking regulatory agency. NABARD, EXIM, SIDBI are examples of NBFIs. Bank of India (BoI) is a Mumbai-headquartered commercial bank that has been governmentowned since nationalization in 1969.

Correct Option: D

A non-bank financial institution is a financial institution that does not have a full banking license or is not supervised by a national or international banking regulatory agency. NABARD, EXIM, SIDBI are examples of NBFIs. Bank of India (BoI) is a Mumbai-headquartered commercial bank that has been governmentowned since nationalization in 1969.

The Reserve Bank of India (RBI), in August 2016, launched the Sachet portal to curb illegal collection of money by companies. This website will enable public to obtain information regarding entities who accept deposits, lodge complaints and also share information regarding illegal acceptance of deposits.

Correct Option: D

The Reserve Bank of India (RBI), in August 2016, launched the Sachet portal to curb illegal collection of money by companies. This website will enable public to obtain information regarding entities who accept deposits, lodge complaints and also share information regarding illegal acceptance of deposits.

Open market operations (OMO) refers to the buying and selling of government securities in the open market in order to expand or contract the amount of money in the banking system. A central bank (Reserve Bank of India) uses OMO as the primary means of implementing monetary policy.

Correct Option: A

Open market operations (OMO) refers to the buying and selling of government securities in the open market in order to expand or contract the amount of money in the banking system. A central bank (Reserve Bank of India) uses OMO as the primary means of implementing monetary policy.

The duration of the 12th Five Year Plan is 1 April 2012 to 31 March 2017. The Eleventh Five Year Plan covered the period from 1 April 2007 to 31 March 2012.

Correct Option: D

The duration of the 12th Five Year Plan is 1 April 2012 to 31 March 2017. The Eleventh Five Year Plan covered the period from 1 April 2007 to 31 March 2012.

Garibi Hatao desh bachavo (Abolish Poverty to rescue the country) was the theme and slogan of Indira Gandhi’s 1971 election bid. It was part of the 5th Five Year Plan. The plan prepared by D. Dhar proposed to achieve two main objectives viz, ‘removal of poverty’ (Garibi Hatao) and ‘attainment of self reliance’.

Correct Option: C

Garibi Hatao desh bachavo (Abolish Poverty to rescue the country) was the theme and slogan of Indira Gandhi’s 1971 election bid. It was part of the 5th Five Year Plan. The plan prepared by D. Dhar proposed to achieve two main objectives viz, ‘removal of poverty’ (Garibi Hatao) and ‘attainment of self reliance’.