DAILY QUIZ- DEC 12

1. Consider the following statements about RSETIs (Rural Self Employment Training Institutes) programme:

1)     It is a two-way partnership between the Ministry of Rural Development and State Governments.

2)     The Banks are mandated to open at least one RSETI in their lead district to provide training to rural youth.

Which of the above statements is/are correct?

a)     1 only

b)    2 only

c)      Both 1 and 2

d)     Neither 1 nor 2

2. Consider the following statements about Bureau of Indian Standards (BIS):

1)     BIS is the National Standard Body of India established under the BIS Act 2016.

2)     BIS operates gold, silver and steel hallmarking in India.

Which of the above statements is/are correct?

a)     1 only

b)     2 only

c)      Both 1 and 2

d)     Neither 1 nor 2

3. Consider the following statements about Credit Guarantee Scheme for Sub-ordinate Debt:

1)     It is a scheme for the distressed MSME sector.

2)     The maximum tenor for repayment will be 7 years.

3)     100% guarantee coverage for this sub-debt will be given under the Scheme.

Which of the above statements is/are correct?

a)     1 and 2 only

b)     2 and 3 only

c)      1 and 3 only

d)     1, 2 and 3