1.	Which of the following public sector enterprises falls under the status ‘Maharatna’ ?
	Bharat Sanchar Nigam Limited
	Steel Authority of India Limited
	Mahanagar Telephone Nigam Limited
	Hindustan Aeronautics Limited
	Answer: Steel Authority of India Limited Explanation: Steel authority of India is a Maharatna Company. There are a total of 10 Maharatna companies in India. There are certain standards that must be met by the companies to be listed under a Maharatna Status. a.Having Navratna status b.Listed on Indian stock exchange with minimum prescribed public shareholding under SEBI regulations c.An average annual turnover of more than Rs. 25,000 crore during the last 3 years d.An average annual net worth of more than Rs. 15,000 crore during the last 3 years e.An average annual net profit after tax of more than Rs. 5,000 crore during the last 3 years f.Should have significant global presence/international operations.
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2.	Which of the following statements is NOT true about the Export-Import Bank of India (EXIM BANK) ?
	Its main objective is to provide financial assistance to promote Indian exports.
	It is a premier export finance institution of India.
	The Bank provides assistance in helping Indian firms in their globalization efforts.
	It was established in 2014 under the Export-Import Bank of India Act.
	Answer: It was established in 2014 under the Export-Import Bank of India Act. Explanation: Export–Import Bank of India is a finance institution in India, established in 1982 under Export-Import Bank of India Act 1981. Since its inception, Exim Bank of India has been both a catalyst and a key player in the promotion of cross border trade and investment.
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3.	The responsibility of regulating and supervising primary (urban) cooperative banks, which are popularly known as Urban Cooperative Banks(UCBs) is vested with which one of the following ?
	The Department of Non-Banking Supervision of the Reserve Bank of India
	The Urban Banks Department of the Reserve Bank of India
	State Co-operative Banks
	The Department of Corporate Services of the Reserve Bank of India
	Answer: The Urban Banks Department of the Reserve Bank of India Explanation: Urban Banks Department functions in close coordination with other regulators viz., RCSs and CRCS. The Banking Regulation Act, 1949(AACS) provides for submission of periodical returns by UCBs to the Reserve Bank of India.
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