Indian Organizations MCQs (Multiple Choice Questions) with answers for various state exams and UPSC civil services, SSC, banking, MPSC, UPPSC, MPPSC etc. Exams. Learn and prepare Objective type Questions on Indian Organizations.
1. The full form of ICMR is
Indian Council of Military Research.
Indian Council of Minor Resources.
Indian Council of Medical Research.
Indian Custody of Medical Reports.
Answer: (c) Indian Council of Medical Research.
Solution: Indian Council of Medical Research is the apex body in India for the formulation, coordination, and promotion of biomedical research. It was founded in 1911. Its headquarter is in New Delhi.
2. The Chief Executive Officer of public sector banks is selected by
Banks Board Bureau.
Indian Banks' Association.
Reserve Bank of India.
Ministry of Finance.
Answer: (a) Banks Board Bureau.
Solution: Banks Board Bureau is an autonomous body of the Government of India tasked to search and select important heads of public sector banks and recommend measures to improve Corporate Governance in these institutions.
3. Which body is responsible for regulating and licensing the insurance and re-insurance industries in India?
Securities and Exchange Board of India.
Ministry of Finance.
Reserve Bank of India.
None of the above.
Answer: (d) None of the above.
Solution: The Insurance Regulatory and Development Authority of India is responsible for regulating and licensing the insurance and re-insurance industries in India. It is under the Ministry of Finance, Government of India.
4. National Bank for Agriculture and Rural Development (NABARD) is owned by
Reserve Bank of India.
State Bank of India.
Government of India.
Reserve Bank of India and Government of India.
Answer: (c) Government of India.
Solution: National Bank for Agriculture and Rural Development (NABARD) is wholly owned by the Government of India. Its vision is "Development Bank of the Nation for Fostering Rural Prosperity". It came into existence on 12 July 1982.
5. Enforcement Directorate is under the department of
Department of Economic Affairs.
Department of Financial Services.
Department of Revenue.
Department of Investment and Public Asset Management.
Answer: (c) Department of Revenue.
Solution: The Directorate of Enforcement is a law enforcement agency and economic intelligence agency responsible for enforcing economic laws and fighting economic crime in India. It is under the Department of Revenue, Ministry of Finance, Government Of India. It was set up in 1956. Its headquarter is in New Delhi.