Table of Content

Start PIB Quiz of 1st – 2nd April 2021

Q.1) In recognition of the continuing adverse impact of COVID-19 pandemic on certain service sectors, the Government has now extended the scope of Emergency Credit Line Guarantee Scheme (ECLGS). Which sector is not included in the new expended scheme?
Q.2) ECLGS 1.0 provides fully guaranteed and collateral free additional credit to MSMEs, business enterprises, MUDRA borrowers and individual loans for business purposes while ECLGS 2.0 focused on entities in 26 stressed sectors which was identified by which committee?
Q.3) What is the purpose to launch the “MyNEP2020” Platform of National Council for Teacher Education (NCTE) Web Portal?
Q.4) What is not the aim of ‘National Rare Disease Policy 2021’ which has approved by the Ministry of Health and Family Welfare recently?

Start RBI Quiz of 1st – 2nd April 2021

Q.1) What does ‘It’ refer to here? 1. It is the act that allows banks and financial institutions to recover their dues from the borrower without the intervention of the court. 2. It is the legislation that helps address the problem of NPAs through different processes and mechanisms.
Q.2) Which of the following statement/s correctly states the objectives of SARFAESI Act? 1. It ensures efficient recovery of Non-Performing Assets of financial institutions and banks. 2. It helps in time bound recovery of money. 3. To help transfer the NPAs to asset reconstruction companies for the reconstruction of the assets. 4. Allow banks and financial institutions to auction the properties when borrower is unable to repay the loan.
Q.3) Which of the following statements is/are incorrect about different provisions of SARFAESI Act? 1. The law does not apply to unsecured loans and loans upto ₹3,00,000 2. The act allows the creation of asset reconstruction companies (ARC) and allows banks to sell their non-performing assets to ARC's. 3. Securitization, Asset Reconstruction and enforcement of security interests are the methods for recovery of NPAs under the act.
Q.4) Which of the following statement correctly states the recent amendments of SARFAESI Act?
CEO of Anujjindal.in

About Anuj Jindal


Anuj Jindal, the founder, is an ex-manager from SBI, with an M.Com from Delhi School of Economics. He also has a JRF in Commerce & Management and NET in HRM, along with more than 4 years of experience in the field of Education.

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